Prices of package holidays in popular Mediterranean destinations leap - The Guardian
Package holidays to popular Mediterranean destinations such as Mallorca and Crete have soared in price by up to a quarter compared with last year amid high demand and rising costs for providers. All-inclusive deals for the most sought-after destinations for British holidaymakers – Spain, Turkey, Greece, Portugal and Cyprus – have gone up by nearly 12%, according to TravelSupermarket. The average price across the top five Mediterranean destinations has risen by more than 30% compared with before the Covid-19 pandemic, well above the rate of inflation since 2019, according to data from the price comparison site, first reported by the BBC. Demand from travellers is outstripping supply, while soaring food price inflation and higher bills for fuel and wages are also driving the rise. TravelSupermarket’s chief executive, Richard Singer, said: “After a number of disrupted years of travel there is no escaping that demand for holidays is high as people look to book their much-deserved holi