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Effect of Brexit vote on holiday prices for Britons
By
18 August 2016


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UK OTA Holidaysplease has released results of a comparison of 100,000 GBP worth of holidays booked by Britons immediately pre- and post-Brexit-vote.

Results:

  • The price of long-haul holidays (outside Europe) increased by 6.9% on average - an increase of 138 GBP on a 2000 GBP holiday.
  • The price of short-haul holidays decreased by 0.7% on average - that is, remained essentially flat.

Holidaysplease MD Charles Duncombe recommends:

"...if you are looking to book a short haul holiday, I would probably do it quickly before the hedged currency reserves at the short haul tour operators run out. If you intend to book a long haul holiday, I would keep a close eye on the currency markets and as soon as the pound begins to strengthen I would book. Most importantly, when you choose to book I would get a guarantee from my tour operator that they will not change the price after you make the booking..."


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External Article: http://blog.holidaysplease.co.uk/2016/07/483m-holiday-price-rises-after-brexit-vote/


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