Money Saving Expert Martin Lewis issues warning for people planning to book holidays as prices cut

Financial expert Martin Lewis has given his views on whether it is wise for people to book a holiday abroad for a future date. Currently, the Foreign and Commonwealth Office is advising against non-essential overseas travel, while a 14-day quarantine policy for international arrivals came into force on Monday. Some European countries have started to reveal their plans for letting tourists back in and whether they’ll be subject to quarantine, while budget airline Ryanair has announced its plan to restart 40% of its normal flight schedule from July.

And whilst Martin says there’s a risk with booking a holiday, the current discounts could make it worthwhile, reports the Liverpool Echo. He said: “So first see if you can book something with cancellation rights – effectively just reserve a room and a price, which some hotels give. “Or book via a travel agent such as Hays Travel, which offers no-quibble cancellation rights up to six weeks before travel on some holidays (though there’s always a solvency risk).

“If that still works out too expensive, then it’s a choice between taking a punt and waiting a bit until we know more. “If you can bag a GBP60 return to the Canaries for travel in a few months’ time, you may just want to book it with your fingers crossed (not easy if you’re booking online). But the costlier it is, the more caution is needed.”

Money Saving Expert, a website founded by Martin, has more advice on travel rights here.

You may also like...