Spain travel 2010 price increases
If your thinking of travel to Spain for your holiday next year, then think again. Prices to Spain could rise by almost 25%…
If the Euro continues to fluctuate against the £ then our best consumer travel advice on this issue, would be to avoid the Euro zone and go for Turkey, Egypt Red sea area, and Tunisia, which has better beaches..
Spanish hoteliers have been warned not to increase prices for next summer, as changes in the Euro exchange rate could already raise prices by as much as a quarter.
A lot of Spanish hoteliers have been really complacent, they take the view that the British will come regardless of price increases. They are taking us for granted. A really bad mistake to make…
Monarch Group overseas director and head of purchasing Hugh Morgan said the pound’s fall against the euro has left tour operators facing increases of as much as 23%.
Morgan warned that any more price increases introduced by hoteliers could further damage Spain’s UK market, which was 17.7% down in the first quarter of this year. He said: “This year is already difficult for all of us and the obstacle is price.
“Next year, most major tour operators are looking at [a pound being worth] €1.10 to €1.15, so the prices that we sell holidays for next year will have to go up.
“One of the key obstacles for 2010 in Spain is if hotels put the prices up. It is going to have a major impact even if they put the prices up by 2% or 3%.”
Association of Independent Tour Operators Derek Moore agreed, adding Spanish hoteliers had already been too slow to react to the economic crisis, which took off last autumn by refusing to reduce prices then. “The damage has already been done,” he said.
These are Abta & 
