The Foreign and Commonwealth Office (FCO) is urging holidaymakers to ensure their finances are healthy before jetting abroad.
With the credit crunch to contend with, the FCO said it is concerned that more holidaymakers than usual could find themselves in financial difficulty.
Those taking holidays in Spain and other destinations are advised to set themselves a budget and to take out a comprehensive travel insurance policy, which offers protection against the theft and loss of belongings, as well as injury.
"The last thing British holidaymakers need when escaping for some sun this winter is to be faced with costs they hadn't budgeted for.
British people will always enjoy taking holidays in Spain, it has been claimed.
Speaking today (November 14th), Ignacio Vasallo, director of the Spanish Tourist Office, said that Spain would always have a special place in the heart of British holidaymakers.
The country is so popular, due to the ease of accessibility and the fantastic hotels and visitor facilities, he suggested.
"The al fresco lifestyle, the almost daily fiestas and the great weather all combine to make Spain a great place for a short break or longer holiday at any time of year," said Mr Vasallo.
The 23rd annual Malaga International Jazz Festival is currently in full swing, with performers from across the world showcasing their talents in southern Spain.
With performances taking place until November 17th, the festival features a packed programme of events and is a must for anyone taking holidays in Spain over the coming week.
According to visitcostadelsol.com, this year's festival includes musical entertainment from renowned saxophonist Joshua Redman, along with American singer and composer Lizz Wright.
Christmas is fast approaching and it will soon be time to dust the cobwebs off your little black dress and prepare for the party season.
It may seem like a daunting prospect; however, a trip to La Manga Club could be just the thing needed to kick start your pre-Christmas exercise programme and get in shape.
La Manga boasts unrivalled sports and leisure facilities, and visitors of all ages and abilities are well catered for.
Guests can try their hand at golf, tennis, football, cricket and rugby, along with more leisurely pursuits such as horse riding, swimming, scuba-diving and hill walking.
Managers looking for a top-quality meeting and conference destination should look no further than La Manga Club, which boasts some of Europe's top facilities and is just three hours away from most major cities.
La Manga caters for groups of all sizes and offers flexible function space, with guests offered the choice of indoor and outdoor dining, as well as late-night entertainment.
The resort is also an ideal destination for companies looking to hold a team building event, with numerous companies such as Ford Spain, NASA and the US Navy having held events at the resort in the past.
Once the work is out of the way, there is plenty to do by way of sports and leisure activities.
When it comes to holidays, it seems that the environment is fairly low down on the agenda.
New research by Holiday Extras found that two-thirds of Britons do not know how to calculate their carbon footprint.
Furthermore, 18 per cent said they are not interested in calculating their impact on the environment.
Commenting on the findings, Mike Whiting, managing editor at Holiday Extras, said that calculating your carbon footprint is not as difficult as it may seem.
Britons taking holidays in Spain this year have been warned not to rely on their European Health Insurance Cards (EHICs).
Speaking this week, Sainsbury's Bank said that millions of holidaymakers were under the misconception that EHICs were an adequate substitute for travel insurance.
Furthermore, the organisation revealed that 3.5 million people travelled abroad without insurance over the last 12 months because they thought they were protected by their cards.
Car hire in Murcia is a great way to fit in the many region's delights, which are so manifold that driving a motor might be the only way to fit them all in.
The capital of the province itself is home to many of these attractions, the Euro Weekly News claims, making it well worth a visit during holidays in La Manga.
Chief among the highlights selected by the news provider was the cathedral, which boasts baroque and gothic features as well as housing a number of works by local-born artist Francisco Salzillo.
A more Arabic example of the local architecture can be found in the form of the Almudi Palace or the patio which sits outside the famed casino, while a blend of European and Muslim styles can be enjoyed at the Santa Carla Monastery, which holds a number of archaeological findings from both cultures.
If you're looking to improve your game this winter, then a trip to La Manga Club in Spain could be just the ticket.
The BBC's Spain magazine recently described golf and Spain as being the "perfect match" and they weren't wrong. With warm weather all year round and regular flights from most UK airports, Spain is every golfers dream.
Home to three championship golf courses, La Manga Club is widely considered to be one of Europe's best golf resorts and regularly attracts players of the highest calibre.
Officials in the Spanish city of Malaga are planning to invest billions of euros in boosting tourism in the area.
Plans are in place to open 60 new businesses along Malaga's waterfront and a new opera house is set to be opened 2011, providing the city with another cultural attraction, Travel Weekly reports.
It has also been reported that the Picasso Museum and Museum of Contemporary Art will be extended to accommodate more visitors.
A new terminal is currently under construction at Malaga's Pablo Picasso Airport and once open it will more than double passenger capacity.