Package holiday price war predicted

Monday, 29 Dec, 2009 0


A package holiday price war is being predicted as companies seek to capitalise on a recovering market in 2010.

Turkey is leading the way as value-conscious travellers seek to avoid eurozone holiday spots, according to the Co-operative Travel

The leading travel retailer reports that bookings across top 20 destinations for next summer have seen a 26% increase in the last three months as the market begins to recover.

Dalaman has seen an increase of 82% and has taken over from Majorca as the number one overseas destination for UK holidaymakers in 2010.

The average price of a package holiday to Dalaman is £516, £79 per person lower than the average break to Majorca (£595), according to the travel agency group.

Retail distribution director Trevor Davis said: “As the holiday sector recovers, the battle for bookers will intensify with companies seeking to increase their market share after a challenging 12 months.

“We’re offering as much as 20% off thousands of holidays or free child places, along with very low deposits of £50 per person to allow people to book early and take advantage of the deals available.”

But deals and choices for holidaymakers will quickly disappear.
 
“If the current increase in bookings continues and confidence returns to the market, we will see fewer bargain deals being offered,” said Davis. 
 
“What’s more, many operators are reducing capacity and this, combined with the recent high profile collapses of major travel businesses, will mean that there are fewer holidays for sale when it comes to people wanting late deals.
 
“Savvy bookers should take advantage of the deals available now and choose their destination with care.”
 
DETAILS OF BOOKINGS FOR SUMMER 2010
Position
(2010 Holiday bookings)
Destination
Increase in Bookings %*
Average per person price**
1.
Dalaman (Turkey)
82%
£516
2.
Majorca
12%
£595
3.
Orlando
28%
£998
4.
Costa Blanca
17%
£454
5.
Crete
3%
£651
6.
Sharm El Sheikh
71%
£760
7.
Bodrum (Turkey)
72%
£498
8.
Ibiza
5%
£485
9.
Larnaca (Cyprus)
9%
£665
10.
Zante
-11%
£476
11.
Tenerife
9%
£621
12.
Corfu
9%
£564
13.
Antalya (Turkey)
69%
£803
14.
Paphos (Cyprus)
23%
£849
15.
Menorca
27%
£560
16.
Rhodes
0%
£565
17.
Algarve
0%
£525
18.
Costa Del Sol
19%
£578
19.
Bourgas (Bulgaria)
52%
£533
20.
Las Vegas
61%
£1,050
OVERALL
 
26%
£630
 
* Figures based on over 100,000 bookings between September and December 2008 and 2009
** Average selling price based on over 100,000 package holiday bookings.
 
 by Phil Davies


 

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Phil Davies



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