Package holidays to Greece, which include accommodation for a week, will cost UK travelers 30 percent more this year compared to 2022, according to UK consumer association Which?.
More specifically, according to the findings of an annual report carried out on six popular destinations by Which? for TravelSupermarket.com, the cost of living crisis has sent package holiday rates up by as much as 70 percent in some instances with prices for Greece having increased the most.
Indicatively, a seven-night vacation this year at a Greek destination will cost a British tourist approximately 867 pounds, 200 pounds more than a year ago. At the same time, airline fares to Greece have also jumped by 71 percent for this Easter.
Based on the data, the price of a package holiday to Spain, Turkey and Italy is now 20 percent higher compared to last summer. The cheapest of the six destinations covered was Spain, where prices are up by 20 percent and a week’s holiday costing 693 pounds from 577 pounds in 2022. Portugal is also a good-value option for 2023, said the report, with a 7 percent increase this year to 705 pounds from 657 pounds. Package holiday prices for a week in Italy this year are at 758 pounds from 617 pounds in 2022, in Turkey at 800 pounds from 660 pounds, and in Cyprus 809 pounds from 705 pounds.
Meanwhile, flight fares to Spain, Italy, France, Greece and the US this Easter are up by 51 percent compared to 2022. Fares to both Italy and Greece are up by 71 percent, to France by 45 percent and to Spain by 38 percent.
Lastly, the report found that a hotel stay this Easter at a European destination will also cost more than last year for a UK traveler with the average room rate up by 10 percent to 119 pounds compared to 2022.
Study analysts attribute the increase to a high demand for travel and increasing jet fuel prices. At the same time, they expect inflation to continue driving up prices.