Staycations are out and foreign holidays are back in, according to new research.

After a year of credit crunch gloom and chilly staycations, it seems  that Brits are keen to pack their bags and jet abroad.

Research carried out by Simonseeks revealed that 56 per cent of people are planning to shun domestic breaks in favour of foreign holidays over the coming year.

Half of those polled said they would gladly sacrifice every day luxuries in order to pay for their flight to Australia or elsewhere.

The website’s founder Simon Nixon said the findings demonstrate a real desire among the British public to travel.

“Staycation was the buzz word of 2009 but it seems that 2010 will be more about a compromise culture, with people giving up short-term benefits to ensure they can afford that holiday abroad,” he added.

Figures releases recently by Skyscanner revealed that Spain, Thailand, Australia and the US are likely to be popular destinations with British holidaymakers over the coming year.

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