A growing number of Britons are returning to taking family holidays as the credit crunch squeezes their finances, it has been found.

A growing number of Britons are returning to taking family holidays as the credit crunch squeezes their finances, it has been found.

Saga Travel Insurance discovered that while half of people traditionally give up going away with their parents at the age of 16, many are now booking family breaks in order to take advantage of cheaper deals and free childcare.

The average age to start doing so again was found to be 29.

Chief executive of Saga Andrew Goodsell said: “It is encouraging that a positive outcome of the credit crunch hitting younger travellers could be that families, including grandparents, are getting to spend more time together.”

Anyone looking for a break for the whole family to enjoy could consider booking holidays to Thailand.

The country was recently awarded a platinum prize for Best International Family Holiday Destination of 2008 by reader’s of Today’s Traveller magazine, Travel Daily News reports.

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