Holidays have been on hold for months as countries around the world were forced into unprecedented lockdown due to the rapid spread of COVID-19. Now, as many hotspots around the world begin to lift border closures and “stay at home” orders, travel firms are rapidly slashing prices in a bid to lure tourists back before the end of the summer season.
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New data from holiday price comparison site TravelSupermarket shows that vacations to some destinations could cost almost half of what they normally would in the coming months.
Travel experts examined search data from 24 March to 8 June 2020 to ascertain how prices compare during lockdown for a summer holiday – departing between 8 July to 31 Oct 2020.
The average price of a package holiday to the Algarve has tumbled by 49 percent, meanwhile, visits to the Greek islands have seen price drops of up to 21 percent.
Holidays are on average 21 percent cheaper to Zante, 16 percent cheaper to Rhodes, 14 percent cheaper to Crete, and 12 percent cheaper to Corfu.
Spanish holidays have also seen a reduction in price.
Prices for a holiday in Tenerife are down 19 percent, Lanzarote down 17 percent, Majorca down 13 percent and Fuerteventura down 10 percent.
TravelSupermaket also noted cheaper holidays in Bulgarian beach resorts such as Nesebar and Sunny Beach, as well as Turkey, with savings of around 14 percent on trips to Antalya.
“You’d normally expect to see high prices in August during school summer holidays”, explained Emma Coulthurst, travel commentator for the website.
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“However, because coronavirus has put a stop to travel and there is still no clear picture on when holidays from the UK will resume, currently there are prices lower than £300pp for 4* all-inclusive seven-night family holidays”
It isn’t just European destinations where prices are plummeting.
There are also noticeable package price drops from the UK to Dubai (16 percent), Cape Verde (12 percent) and Cancun (9) for holidays up to the end of the summer season.
Though some countries have reopened their borders to Britons, the UK Foreign and Commonwealth Office (FCO) continues to advise against all nonessential travel.
Furthermore, a new 14-day mandatory quarantine period for any UK arrivals will make holidays a difficult task for most.
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Ms Coulthurst, continued: “FCO advice against non-essential travel needs to be lifted before travel can resume and countries need to confirm that Brits are welcome without any need to quarantine.
“All of this uncertainty and natural consumer reticence is pushing down prices.
“With demand much lower than normal for this time of year, the travel market is providing low holiday prices to encourage people to book.
“We have seen search demand pick up in the last fortnight as the Med has signalled its desire for tourists to return to its cities and beaches.
“But there will need to be more clarity on the exact dates when British holidaymakers can return before the market really picks up”.
Based on TravelSupermarkets latest data the firm was able to reveal the lowest prices holiday destinations for UK tourists.
These are the lowest-prices destinations for a seven-night package holiday from the UK this summer.
Destinations are ranked in price order.
- Costa del Sol
- Costa Blanca
- The Algarve
- Dubrovnik Riviera
- Costa Dorada
- Costa Brava
- Sunny Beach, Bulgaria
- Antalya, Turkey
- Dalaman, Turkey
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