The prices that British tourists will incur when traveling overseas this summer are more than they were before the outbreak, from getting to the airport to the first plate of tapas.
According to statistics gathered for BBC News by Ice Travel Group, the parent firm of the travel comparison websites icelolly.com and Travel Supermarket, the cost of renting a car for a week has increased by more than twofold on average.
According to the report, average rates for lodging, airport parking, and insurance are also more than they were in 2019.
According to the group’s analysis, the ten most popular locations in June 2019 and 2022 had comparable average prices.
For instance, the cost to rent a car has increased from £220 to roughly £500, though the cost varies depending on the location; Italy and Ireland saw some of the biggest rises.
The figures also show that all-inclusive package vacation offers cost, on average, 17% extra, or £1,000 for a family of 4.
The average cost of bed-and-breakfast lodging increased as well, from £608 to £755. However, prices for these offers varied by location, with Egypt, Greece, the US, the United Arab Emirates, and Italy seeing the highest increases for both types of vacations.
Blogger for Mini Travellers, Karen Beddow is all too aware of the rise in vacation costs.
Even the cost of preparing their own camp stove meal on a recent camping trip to the Netherlands with her three girls during Easter was “eye-watering,” she claims.
She claims that the price of going out or even just purchasing food at the grocery store was significantly higher than she had anticipated. “You expect it to be cheap when you prepare for yourself, but it wasn’t.”
But Ms. Beddow has some advice. “I usually consider renting a car or booking airport parking as soon as I make travel arrangements. Because people tend to put off doing those tasks until the last minute, and because they will only increase in cost,
Additionally, I always bring a sizable picnic on flights due to the high cost of airport food.
Additionally, the pound continues to depreciate against a number of other currencies, which means that UK tourists are receiving less for their money in many of their preferred locations.
Even with all the price hikes, Chris Webber, director of holidays at Ice Travel Group, claims even after the pandemic lockdowns, vacationing is still a “priority expense” for many people. The increase in demand, he says, “is directly affecting the rising pricing, which we can see in everything from flight expenses to vehicle hiring.”
Tourism-related businesses all across the world are under pressure from rising energy prices and staffing shortages caused by the pandemic.
Mr. Webber continues, “What we’re hearing from the agencies and operators… is that costs for 2023 travel are projected to climb as well.” He says that the travel industry “just isn’t back up to full speed with employees and resources.”
A single trip travel insurance policy now costs, on average, £35 more than it did before the pandemic due to delays, cancellations, and other issues. CYTI, Ice Lolly’s insurance partner, reported a 15% increase in multi-trip plans.
Ashley Price, owner of the Corner Bar in Benidorm, Spain, feels that prices are rising on practically everything for his establishment. The bar takes pleasure in serving a filling, €3.50 full-English breakfast, but according to him, it’s growing harder to execute.
“A box of eggs cost us €22 four months ago; today, it costs €51. Mayonnaise consumption has increased along with cooking oil.”
In an effort to control costs, Corner Bar has shifted from the UK to Irish items. He continues, “Some Spanish businesses are attempting to imitate British goods.”
However, his biggest concern is hiring new employees. He notes that there are reportedly 4,000 job openings in Benidorm alone, which are typically filled by young Britons working summer jobs. “We no longer have enough staff to remain open, therefore we must close at 6 p.m. every day.”
When added up, hidden extra expenditures will hurt if not taken into account, especially when combined with ongoing airport delays and rising living expenses back home. Karen, a travel writer from the UK, says there are several things families may do, such as conducting further research on rates before departing about all the extras like trips and snacks.
Even in the best of circumstances, it may be difficult to control holiday spending, and this summer, when so many people are traveling overseas for the first time in a long time, there are even more excuses to splurge.
However, with rising expenditures at every turn while on vacation, the issues will truly start to manifest themselves in the fall and winter.
This year won’t be the year when consumers can spread out the cost of their summer vacation over the winter, as every household must contend with rising food and fuel prices.
Finding a cheap vacation this year is practically impossible, making it tougher but more crucial than ever to strike a balance between having a great time and making sure you can afford it.