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(London.CityRegiions.com, March 09, 2013 ) England, UK -- Over three-quarters of foreign holidays are now cheaper this summer than in 2012, according to new research.
A study held by the online agent On the Beach, recently compared the like-for-like rates for a week-long stay for two adults to destinations across various countries, at popular destinations.
When compared, the 2013 prices showed “massive savings” for holidaymakers in the new year. This, despite a 2.7% rise in inflation and other increasing prices such as fuel, many vacationers to summer destinations are likely save up to 25% this year as compared to last. In the research conducted, Madeira offered the best values for the summer.
A week's worth of a three-star holiday at a bed-and-breakfast establishment for two on the Portuguese island cost just around £799 last year, and will now be nearly two-hundred less at £599 in 2013.
Cyprus is also seeing large drops in the prices for holiday packages, saving up to 20% since last year's totals. Bulgaria is proving a quality destination as well, offering nearly 15% discounts when compared to the 2012 summer prices.
Other hot-spots with great drops in price include Tenerife, Sham El Sheikh, and Greece which dropped 14%, 13%, and 12% respectively.
Chief Marketing Officer, Alistair Daly, stated “When most day-to-day costs increase on a yearly basis, it’s no doubt a breath of fresh air for Brits when well-deserved holidays are actually more affordable than ever. Holidays to Cyprus and Bulgaria are already outselling last year and with so many holidays cheaper, we expect a bumper year for travel this year.”
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Source: EmailWire.Com
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