A Holiday to Spain sees a 9% increase in price says Thomas Cook travel.
Package holidays to Spain have increased in price by an average of 9% as more and more holidaymakers choose "Safer destinantions" because of terror attack fears.
Thomas Cook have said in a statement " a fall in demand for holidays to Turkey and Egypt due to safety concerns means a focus on selling ‘quality over cheap’ holidays which has led to a price surge". “A combination of the value of the Euro plus hotel price inflation and increased air capacity has intensified competition for the Spanish mainland and Islands,”.
“In this context, and consistent with our strategy, we have taken a deliberate decision to focus on higher margin, quality holidays, rather than chase volume growth.
“As a result, overall UK bookings are slightly lower than this time last year’s levels, while pricing has increased around 9 per cent.” It is also reported that holidays to the Greek islands have seen a significant increase.