Head to Cyprus for credit-crunch busting holiday deals

A week's half-board for the price of bed and breakfast! That's the special offer - with savings of up to £349 per person - from Olympic Holidays at the Le Meridien Hotel on Cyprus.

This five-star hotel is situated on the outskirts of Limassol and set within landscaped gardens leading down to a sandy beach. It boasts an indoor/outdoor Thalassotherapy Spa and an island lagoon with open-air Japanese restaurant.

Included in the rock-bottom price of £489 per person (twin share) are Manchester flights departing on 21 February, transfers and seven nights' half board.

The five-star Annabelle Hotel in Paphos offers the same deal, with seven nights costing £469 (saving £324) including flights from Manchester on the same date.

The hotel is set in six acres of lush tropical gardens, with cascading waterfalls and free-form pools, overlooking the picturesque fishing harbour and ancient fort.

For more information and bookings, log on to Olympicholidays.com.