Figures from the Association of British Tour Operators (Abta) suggest that up to £10 million is lost annually by UK holidaymakers, as a result of travel-related fraud.
In a bid to cut this amount the organisation has compiled a list of top tips to help protect holidaymakers.
Abta suggests that travellers book their holidays to Spain and other destinations with reputable companies and ensure that confirmation emails and tickets are received well in advance of departure dates.
The body also recommends that holidaymakers keep all receipts and ensure that money is paid to the correct company.
British singer Michelle Heaton has been spotted enjoying a relaxing holiday in Spain.
The former Liberty X singer was seen soaking up the sun in Tenerife this week.
Pictured in the Daily Mail, 28-year-old Michelle looked tanned and toned in a tiny yellow bikini.
Not afraid to flaunt her famous curves, Michelle was spotted taking a stroll down the beach and striking some poses for the paparazzi.
Those taking holidays in Spain will now be able to enjoy flamenco dance performances at any time of day.
With an increasing number of cruise passengers now visiting the port of Malaga, the Cervantes Theatre, in association with the city's Town Hall has taken the decision to stage early performances.
According to Typically Spanish, for around 40 euros, visitors can take a guided tour of the historic theatre, before enjoying a glass of local wine and a flamenco performance.
"The visitors will also be given a free gift, although it is not yet decided whether it will be a fan, with the theatre's logo, or a small bottle of olive oil.
La Manga Club is the ideal place to stay for those keen to explore Spain's famous Mar Menor coastal lagoon.
The largest saltwater lagoon in Europe, the Mar Menor is one of the world's top water sports destinations and can be up to six degrees C warmer than the sea that surrounds it.
As well as taking a relaxing sailing trip on the Mar Menor, holidaymakers can try their hand at water sports such as canoeing, jet-skiing and fly-surfing.
Visitors can also try scuba diving, with lessons available from the nearby Adventure Divers centre.
Foreign exchange firm Travelex has advised those taking holidays to Spain and other destinations to take a mixed wallet with them.
Speaking this week, the company said that it is a good idea for holidaymakers to keep their options open by carrying a mix of cash, credit cards and travellers' cheques.
Travellers are also advised to consider prepaid cards, which are ideal for those who do not wish to carry large amounts of cash.
"Prepaid cards are a cross between a debit card and a travellers cheque, they can be loaded euros, sterling or dollars and used like a debit card.
Those taking flights to Spain may be interested to learn that budget carrier Ryanair is planning to reduce the number of people who check-in their luggage.
According to the Times, the airline's chief Michael O'Leary wants to see just 20 to 25 per cent of passengers checking in their bags.
The airline currently charges passengers £10 each way for checked-in baggage.
"And we'll keep increasing it until we get to the absolute minimum," Mr O'Leary said.
The majority of Brits plan to spend as much on their holiday this year as they did in 2008, it has been revealed.
A poll carried out by YouGov, on behalf of Carnival UK, found that 78 per cent of those aged 45-54 are set to spend the same or more on their break this summer.
Further results show that one-third of Brits plan to spend even more this year, with just 22 per cent of people looking to make cutbacks, TravelMole reports.
However, the poll did suggest that some people are taking fewer short holidays in order to spend more on their main summer break.
Unlike many resorts, La Manga Club has a wide selection of restaurants and bars, with something to suit all tastes.
Whether you are looking for a romantic meal for two under the stars, or a bite to eat for the whole family, there is something to suit everyone.
For a special treat in an elegant and distinguished setting, La Manga's famous Amapola Restaurant is a must. The menu offers the very best in Mediterranean cuisine, with food made from the freshest local ingredients.
The pound may have dropped in value against the euro in recent months, but that does not mean Spain is off the agenda for holidaymakers.
With the availability of cheap flights from budget airlines such as Ryanair and Jet2, a holiday in Spain may still work out much cheaper than going elsewhere.
Furthermore, Sue Ockwell, a spokesperson for the Association of Independent Tour Operators, says holidaymakers can make big savings with a little careful planning.
One of Ms Ockwell's top tips is to book a few off-peak "strategic" short breaks throughout the year, which can "help you recharge the batteries and give you something to look forward to without breaking the bank".
Those holidaying at La Manga Club next month will be spoilt for choice when it comes to the range of activities on offer.
There is a packed calendar of events, with something available for everyone.
A Wine Club evening takes place every third Thursday at La Bodega and guests will find plenty of delicious food and drink to sample, with selected wines available at bargain prices.
Guests will also find offers on spa treatments throughout the month of March and two for one massages and facials are available at certain times.