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Spain holidays will continue to be the number one cheap holiday destination of choice, for Brits in 2008, according to ABTA.

Early holiday bookings to Portugal and Turkey doing particularly well for 2008, according to ABTA as it released an end of year set of holiday trends.

Almost 70 million cheap holidays abroad were taken by UK holiday makers in 2007 and while trips to Europe have broadly stayed the same, travel to the US rose by 3% while the biggest growth is in long haul travel, up by about 10%.

Top Destination Holidays for 2008 include China with the 2008 Olympic Games in Beijing; Singapore, which will host the first Formula 1 night race on September 28; and Australia, due to blockbuster films and sporting events such as the Rugby League World Cup in October.

Other places highlighted include Colombia due to improved political stability combined with the release of Mike Newell’s film of Gabriel Garcia Maquez’s novel Love in the Time of Cholera, which has been filmed in Cartagena, widely thought of as the most beautiful city in South America.

But ABTA cautioned: “Although Colombia’s has many stunning areas, not all of its problems have been resolved and it is important for anyone planning a trip to keen a close watch on the Foreign Office’s travel advice.”