Research suggests the average cost of a summer holiday this year hasn’t jumped, as feared, and that prices to some destinations have slumped by as much as £232
Summer holiday prices have risen by just £23 per person since the start of the Iran war, research has revealed.
The outbreak of the conflict at the end of February, and a leap in jet fuel prices, led to fears that Brits would have to pay more for their week or two in the sun.
However, newly released figures from the website Travelsupermarket suggest prices across all destinations as a whole have remained broadly the same as they were before the crisis erupted.
It found the average price per person for a seven-night summer holiday has risen by just £23 since the start of the conflict in the Middle East. That said, there are large variations, with some places having seen prices jump.
Recent data showed the average price of a week to Ibiza had gone up from £532 to £540, while a week to Majorca would have cost £515.62 per person if booked a month or so ago, but is now £570.26, a rise of £54.64 each or £218 for a family of four all paying the full price.
READ MORE: Travel expert names 4 cheap holiday destinations you should book for MayREAD MORE: Iran ceasefire: What it means for energy bills, fuel, mortgages and holidays
On the other hand, the latest figures also show hundreds of popular destinations have actually seen prices fall, either because families have been weary as they are towards the region – including Turkey – or because travel firms have offered bargains to convince cautious travellers to commit.
The biggest drop was to Italy’s Neapolitan Riviera, where average prices have fallen by £232 per person to £905. The Dominican Republic follows, with prices down £130 to £1,364, while Turkey’s Dalaman area has fallen £110 to £492 per person – making it one of the best-value summer sun options currently available.
Among the mainstream favourites, Majorca has dropped £86 to £581 per person, Corfu is down £83 to £568, and Turkey’s Antalya Area has fallen £90 to £520. Even prices to Spain’s ever popular Costa Brava are down by an average £63 to £504.
Chris Webber, head of holidays and deals at TravelSupermarket, said: “Despite the current uncertainty, summer holiday prices haven’t moved dramatically – up by just £23 on average across all destinations.
“For holidaymakers sitting on the fence, that’s a signal worth paying attention to. Prices won’t stay like this indefinitely, and with so many destinations actually seeing prices fall – places like Majorca, Corfu and Turkey – now could be a smart time to book ahead of any increases.
“Holiday companies are keen to get bookings moving, and that’s likely filtering through into some very competitive pricing right now.”
