Many people are choosing again to enjoy a ‘staycation’ for their summer holiday plans, so many tour operators have found that their bookings are low again this year, which is good news for those who want a last minute holiday away abroad.
Many families are still worrying about the economic problems as well as the low value of the pound and fears about travel disruption, which is why many have opted to stay here in the UK, which is a great boost for UK tourism but not so for travel companies who offer holidays abroad. Compared to last year short-haul holiday bookings for this summer are down by 213,000 compared with this time last year, taking the figure to 1.739million, which continues the trend seen in 2009 where 10million fewer foreign trips were taken compared with 2008.
Many prices have been cut by a third so looking for a last-minute trip could save up to £800 on a Mediterranean holiday, with the Greek islands, Turkey, Egypt, Spain and Portugal offering the best bargains. Some of the best prices found were for the Greek island of Paphos, where the figure for a one-week family holiday was down £796 to £1,521.
Trevor Davis, who is the Co-Op Travel’s director of retail distribution, said: ‘This year has seen a number of incidents and occurrences that have created a unique scenario for the travel industry. It began with the heavy snow that stalled the traditional early booking period and grounded planes, and continued with an earthquake in Chile, riots in Bangkok, civil unrest in Greece, BA strikes and finally the unprecedented volcanic eruption in Iceland, which brought the industry to a standstill for a week. ‘The continued effects of the recession, the election and the football World Cup also impacted negatively on bookings. As a consequence fewer holidays have been sold, so prices have dropped to encourage more bookings.’
The Co-Op’s research found the biggest savings in eastern Mediterranean resorts, in particular Paphos, which is 34 per cent cheaper than a year ago, Crete, which is down 29 per cent and Zante at 26 per cent less. On top of that the price of holidays to Turkey is said to be down by almost a quarter, 24 per cent, compared with a year ago.