Explanation Please

[rsvp]

Have finished Sat Tel 27654 but am a bit iffy on the answer 'moneyed' for 24a - Rich person takes year in popular holiday area.
Am at a loss to answer the popular holiday area part of the clue.
Any kind soul will to put me out of my misery please? Thank you

[Oldred]

one y = a year inside Med (holiday area)

[emeritus]

One y = One Year

in Med

[sandyRoe]

rich person...one + y...year in Med

[novalis]

Med round one = person + y for year )

[Oldred]

second thoughts - person = one

[redtrev]

Med around one and y

[rsvp]

oldred I think I need to eat more fish! of course that's the explanation - thank you kindly.

[dannyk13]

Moneyed - one(person) + y(year) in Med(popular holiday area)

[rsvp]

Thank you also emeritus,sandyRoe, novalis and redtrev

[rsvp]

and dannyk13