Irish people are taking 9% less holiday trips abroad, while travel inside Ireland has increased by 7.5%.
Figures released by the CSO for the fourth quarter of 2008 show business trips abroad fell by 10%, but visits to friends and relatives rose by over 7%.
The data shows that total trips abroad were down by 4.5% in Q4, with €1.3 billion less being spent on overseas travel during the period.
Conversely, there were over 2,000,000 trips made within the State, with the money being spent on such trips up almost 6% to €347 million.
