Package Holidays Getting Cheaper
Travel firms have slashed prices on over a million Family Holidays, according to new research.A survey by Co-op Travel found that the cost of a Holiday to 15 of the top 30 destinations has fallen since 2006.
A trip to Majorca for a family of four is £168 cheaper this year, down to £1,748, while there's a £240 saving on last year's price for a holiday in Menorca.
Even the clubbing generation can save some of their hard-earned cash, with the price of a trip to Ibiza falling by £250.
Mike Greenacre, head of Co-op Travel, commented: "This is good news for everyone, especially parents with school-age children as prices have fallen throughout the whole of the school period.
"There's never been a better time to bag a bargain", he added.
The price cuts have arisen as many package Holidays have remained unsold, as consumers delay in the hope of picking up a bargain Last Minute trip.
A trip to the Costa Blanca showed the biggest price decline, with a 13.9 per cent decrease from £1,724 to £1,484.
Lucy Huxley, editor of the industry magazine Travel Trade Gazette, confirmed that continual price wars between low-cost airlines were causing massive problems for the package holiday industry.
"There are a fair few traditional operators who haven't a hope of competing," she said. "In fact it will probably drive some over the edge."
Travel Industry news posted on 28 June 2007
Destinations:
Balearics |
Canary Islands |
Egypt |
Red Sea |
Greece |
Majorca |
Spain |
Turkey |
Ibiza |
Tenerife
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Company Number: 6072876
