Summer 2012 holidays to cost more
First Choice and Thomson holidaymakers are to pay more for their vacations next year, owing to the rising costs of fuel and accommodation.
“We anticipate that in the UK, cost inflation will be just over five percent for summer 2012 and our prices are designed to recover these input costs in this competitive market” said the statement.
Given that the five percent increase is way ahead of rises in incomes, coupled with the fact that we’re all facing big increases in public transport fares in addition to everyday essential bills and the message is this: many of us face being priced out of a foreign holiday next year.
Our advice? Best make the most of the extraordinary weather this weekend – a welcome compensation, in light of the gloomy news, and following what has been a damp squib of a summer.