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Rising inflation means that families will have to spend a little extra to book a getaway this half-term, the head of travel money at M&S Bank has said, as new figures reveal an average increase by 3.7% since this time last year.
Fraser Millar added:
The average half-term trip has increased in price by 3.7% since this time last year, according to figures from M&S Bank.
How have some of the more popular destinations have managed to fare?
- An Egyptian trip has gone up by more than 6%
- France is up more than 5%
- Spain holidays have increased 4.9%
- The least-expensive trip is to Portugal where costs since last year have risen 3.08% to £576 or £2,303 for a family of four
- The most costly of the destinations surveyed is Mauritius - up 3.3% to £1,743 per person, or £6,972 for a family of four
- Only two of the most popular destinations - Greece (up 1.69%) and Cyprus (up 1.66%) have seen rises lower than the current UK inflation rate of 2.7%
Families face a rise in the cost of holidays to popular destinations this half-term period. The average half-term trip has increased in price by 3.7% since this time last year, according to figures from M&S Bank.
The figures are based on the cost of a one-week trip for one person to 10 of the most popular destinations and include accommodation, dinner, £140 spending money and one activity.