Debate Magazine

Nobody Move Or Your Holdays Get It!

Posted on the 25 May 2016 by Markwadsworth @Mark_Wadsworth

From BBC Reality Check:
Claim: Leaving the EU would make an average holiday for four people to the EU £230 more expensive in two years.
Reality Check verdict: It would be reasonable to expect a weaker pound to make foreign holidays more expensive, but it is hard to predict a precise figure.

We do not whether and by how much GBP would fall (or rise) relative to EUR post-Brexit, if it were to fall, then yes, the GBP price of holidays in the Euro-zone would go up slightly. Big deal. The amount you spend on a holiday is a fairly arbitrary figure, you can always go self-catering instead of full board; or camping instead of a hotel; or eat McDonalds not a four-course with wine; go for a walk or to a museum instead of to a theme park etc. Over the years, GBP has been a lot lower relative to EUR than it is now, and people still went.
But exchange rates are just one factor in the price of holidays.
As we well know, resorts set prices according to demand, and it is significantly cheaper during term time than during school holidays, so we could more than alleviate this perceived problem by having more flexible term times, i.e. having school holidays at a time when most other European countries don't.
Which brings us to this article from The Daily Mail:
Tourists are facing a shortage of sunshine holiday spots this year as British families turn their backs on previously popular destinations.
Travel agents say that thousands have switched to ‘safe haven’ resorts such as Spain, Portugal and Italy – apparently in response to terror attacks elsewhere.
However, there are simply too few hotels, apartments and villas to cope with the surge in demand. Even if people can find a holiday in Spain, analysts suggest they are paying a ‘safety premium’ of up to 20 per cent compared to destinations including Tunisia and Turkey.

Surely this will also push up prices and by considerably more than fluctuations in exchange rates?


You Might Also Like :

Back to Featured Articles on Logo Paperblog

These articles might interest you :

  • Email Marketing Best Practices That You Should Know

    In 1971, the first email was sent, since then email has become the preferred means of communication. Today, email is a primary driver of communication between... Read more

    11 hours, 15 minutes ago by   Sem Seo
    BUSINESS, MARKETING & ADVERTISING, SOCIAL MEDIA
  • Poland Poll: What Should Jonny Do in May 2018?

    Poland Poll: What Should Jonny 2018?

    Hey everyone! Apologies for not updating this blog so much recently. Life has been so busy. I have been inundated with new projects, I backpacked to Saudi... Read more

    12 hours, 10 minutes ago by   Northernirishmaninpoland
    COMMUNITY, DESTINATIONS
  • Hey Bulldog - Video Of The Week

    Bulldog Video Week

    Brian's favourite video this week is Al Lupo by Hey Bulldog. Like many bands before, Hey Bulldog began as a germ of an idea of main man Rob Manton. Read more

    12 hours, 50 minutes ago by   Mike Lindley
    ENTERTAINMENT, MUSIC
  • Shelf Chat: What's Up With Me (Summer Lane!), and What's On My Shelf

    Shelf Chat: What's With (Summer Lane!),

    If you're too busy to read...you're too busy! I've always been one of those people who likes to fill their days and weeks up with activities. I work, I schedule... Read more

    12 hours, 53 minutes ago by   Selane
    BOOKS, CREATIVITY
  • #MaxYourLook with MaxFashion

    #MaxYourLook with MaxFashion

    Every season I tend to fall in love with the prints. The scourching heat is an excuse for me to play with the prints. Keeping it cool with the vibrant options... Read more

    13 hours, 31 minutes ago by   Chayanikarabha
    FASHION, LIFESTYLE, SHOPPING
  • Double Chocolate Hazelnut Cookies (Gluten Free, Paleo + Vegan)

    Double Chocolate Hazelnut Cookies (Gluten Free, Paleo Vegan)

    Pin Share Tweet Email Yum StumbleShares 0These Double Chocolate Hazelnut Cookies are soft, fudgy, and incredibly chocolatey! These irresistible cookies are... Read more

    13 hours, 38 minutes ago by   Rachel Conners
    DINING OUT, FOOD & DRINK, RECIPES, TRAVEL
  • Tree Peonies

    Tree Peonies

    For a brief and glorious moment . . . Read more

    14 hours, 53 minutes ago by   Vickilane
    CREATIVITY, PHOTOGRAPHY

Magazine