UNIT  4
Writing 1

Currency fluctuations have many British holidaymarkers there going to countires where the pound buy more. The USA, Turkey and Italy  are more attractive than Spain, France and Grece there business are going down.

Last year 8.2FF was the equivalent of one pound, now the pound is 7.8FF. So that means that the British travelers lose  30 on every  500 transaction. This also has been reflected in holidays bookings wich is down a 7% on 1994. Also happened in Spian business too. Bookings to the end of April show their share the UK market down 2%, from 44% to 42%.

In the USA and Turkey the pound has risen. Turkey has a consequence, nearly double its market share whick is now standing at 7%. However swings in favourable courrency rates mus balance against the cost of meals and services. 1 buys 60% more Turkish lira but then the cost meals and services has doubled.