Summer holiday prices have only increased by £23 per person since the beginning of the conflict in the Middle East, according to recent research findings. Concerns arose after the outbreak of the conflict in late February and a spike in jet fuel prices, raising worries of higher costs for Britons seeking a getaway.
Despite initial fears, data released by Travelsupermarket indicates that overall prices for summer holidays have largely remained consistent compared to pre-crisis levels. The average cost per person for a seven-night summer holiday has seen a modest rise of £23 since the conflict began. However, there have been significant price fluctuations in various destinations.
Recent statistics reveal that the cost of a week in Ibiza has gone up from £532 to £540, while a week in Majorca has increased from £515.62 to £570.26 per person. Conversely, many popular destinations have experienced price decreases, possibly due to reduced interest in the region or promotional offers by travel companies to entice hesitant travelers.
Noteworthy drops in prices include the Neapolitan Riviera in Italy, where average prices have fallen by £232 per person to £905. The Dominican Republic follows with a £130 decrease to £1,364, and Turkey’s Dalaman area has seen prices drop by £110 to £492 per person, making it a cost-effective summer holiday option.
Among well-liked destinations, Majorca now costs £581 per person (a reduction of £86), Corfu is priced at £568 (down by £83), and Turkey’s Antalya Area is priced at £520 (a decrease of £90). Even the Costa Brava in Spain has seen a price drop to an average of £504.
Chris Webber, head of holidays and deals at TravelSupermarket, commented that despite the ongoing uncertainties, summer holiday prices have seen only a marginal increase of £23 on average across all destinations. He emphasized that with several places witnessing price declines, such as Majorca, Corfu, and Turkey, now might be an opportune time for travelers to secure bookings before potential price hikes.
Webber noted that holiday companies are eager to stimulate bookings, leading to competitive pricing in the current market.
