The question is not whether there may or may not be a recession looming but how long it is going to last. Although the economic outlook is looking bleak for many, it is important to remember that these things come in cycles and we see light at the end of the tunnel.  Until then there is no escaping the constant references to the ‘credit crunch’ and the endless government initiatives but even this doesn’t seem to dampen the nation’s collective resolve to take a break.

In the face of an impending economic meltdown traditionally people either panic, try to get their finances in order and hunker down for the duration or decide to ride out the storm, with the attitude that if everyone stopped spending we would be worse off and it’s better to spend it rather than lose it or be earning little to no interest in the bank.

One group that seems to be relatively unscathed, unless relying on interest from savings, are the ‘over 50s’ who appear to be spearheading a stoic population determined to travel as if it’s business as usual.

In general they are better placed financially than the younger generation and have the time and inclination to get out there and travel.  What’s more they are also sticklers for ‘value for money’ and there are currently plenty of bargains to be had now and in the foreseeable future.

Staysure.co.uk the specialist over 50s low cost travel insurer has seen over 150% increase in sales, mainly annual multi-trip policies, from the same time last year.

Our senior citizens are made of strong stuff. If age and illness doesn’t stop them travelling, why would the ‘credit crunch’?