Its official! Holiday prices are lower than last year! In fact travelling this year promises cheaper travel with massive savings on foreign getaways.
More than three quarters of international holidays are already cheaper for 2013 than they were last summer. A study was undertaken by ‘On the Beach’ who compared one week holidays in June for two people across popular tourist hotspots. In fact certain destinations are shown to offer “massive savings” for travellers in 2013.
Some destinations are up to 25% cheaper this summer thanks to a stronger exchange rate and local price promotions, especially in countries that have experienced financial difficulties. This is great news for holidaymakers, especially as inflation and fuel costs have actually risen 2.7% year on year.
The island of Madeira in the north Atlantic Ocean is an autonomous region of Portugal and tops the list with the biggest savings. In fact trips here typically cost a quarter less than last summer. Cultural hotspots include the historic capital city of Funchal, the Monte Cable Car and the pretty Santa Clara Monastery.
Cyprus has always been a popular tourist destination and with prices around a fifth less than last summer, it’s set to get even hotter! With historical Paphos, lively Ayia Napa and popular resort Limassol, there’s something here for everyone.
And third on the list with 15% savings over last summer is perennial European favourite Bulgaria. Spectacular architecture awaits in Sofia, Bansko offers plenty of outdoor pursuits and Bourgas is popular with beach lovers.
Top 10 Destinations with the Biggest Savings for Summer
1. Madeira, Portugal - 25%
2. Cyprus - 20%
3. Bulgaria - 15%
4. Tenerife, Spain - 14%
5. Sharm El Sheikh, Egypt - 13%
6. Greece - 12%
7. Majorca, Spain - 8%
8. Turkey - 7%
9. Tunisia - 7%
10. Costa Blanca, mainland Spain - 6%
With prices like these, there’s no excuse for not travelling this summer!
Thanks to 'On the Beach' for the statistics.