Prices of holidays slashed
As the summer holiday is now starting for most students, school children and teachers holiday companies are making a huge profit by marking up their prices for influx of holiday makers that will be looking to get away within the next few weeks. But research has shown that the amount of people going on holiday this summer has fallen dramatically.
Travel companies have bought too many seats and holiday packages for hotels abroad that they are now unable to sell them. This has caused many travel agencies to slash the costs of holidays during the next 6 weeks. The biggest saving will be those that can afford to spend a little more and travel a little further afield. Holidays to places such as the Caribbean, Indian Ocean and Far East have had their prices reduced by up to £800 so if you couldn’t afford to go on holiday when the holiday deals were first released then chances are you get more for your money now that they have been reduced.
The average cost for a week’s holiday in Europe was over £2,000 last year in some places this has fallen by 25% the further afield you go the cheaper it has become. The only place that has had an increase of both tourists and price is Orlando with an increase of over £100 compared to last year. As we all know the cost of holidays both during peak and off peak seasons are very inflated so for travel companies to reduce their prices by as much as £800 it goes to show that they aren’t as ‘affordable’ as they can be.
Now that the schools have closed for the summer it may be the best time to shop around and find that ‘bargain’ family holiday. Places such as Spain, Greece and Turkey have suffered a massive blow by the reduction of tourists visiting and the price of the Euro falling. By opting for all inclusive or half board meal plans you could save some money on self catering packages but this is not always the case so shop around.
Is it too late to book a summer holiday?
It’s never too late to book a last minute getaway, but if you have children this can cause a problem if you need to travel within the next few days. Many people make the mistake of buying too much or packing too many items when they go on holiday so buy toiletries and last minute things at the airport and buy travel sizes so you don’t use up your allowance. Shop around and if you find a deal that fits your budget go for it and have a nice time.