According to Víctor Filipe, president of the Portuguese Tourism and Travel Agencies Association (APAVT), more Portuguese people are travelling outside the eurozone, preferring destinations that give them more value for money. The main reason for holidaying in countries that do not use the euro currency is the collapse in the value of the dollar against the euro. This has made it much cheaper for Portuguese and other eurozone residents to travel to countries such as China, Hong Kong, Brazil and the Caribbean. However, Spain still remains the country that most Portuguese prefer to visit, despite the fact that the currency is the euro, because it is close and cheap to travel to. “Although there are no concrete figures, there are definitely more people travelling abroad,” Filipe said.