Holiday essentials up to 22 per cent cheaper in Europe, report highlights

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18th May 2015 14:11 - Sport, Leisure and Tourism

A report from the Post Office has shown that Europe holidays are much cheaper this year, with all of the popular destinations in the Eurozone - except one – Europe holidays up to 22 per cent cheaper than elsewhere, report highlightsexperiencing a decrease in the prices of holiday essentials.

The largest drop in prices was in the Algarve, which had seen a 22 per cent fall in the prices of holiday essentials - such as sun cream and dining out – since last year.

Thanks to the strong pound, profound savings were also seen in other popular holiday resorts, such as Corfu. The Greek island of Corfu saw a price decrease of almost 20 per cent. Menorca and Croatia also saw similar price drops, with the prices of essentials falling by around 16 per cent since last summer.

When all the prices of holiday essentials were compared, the most affordable resort was Sunny Beach, Bulgaria. In this resort, 10 items, such as coffee and insect repellent, cost an average of £37.39.

On the other hand, the most expensive resort was Sorrento, Italy, where the exact same items cost a massive £101.60.

Of the resorts surveyed, the only increase in prices was seen in Turkey.

Andrew Brown, of the Post Office, said that tourists’ spending money will stretch further this year.

“Meal prices can have a big impact on the holiday budget and make a big dent in their holiday finances for people who plan to eat out every night,” he said. “In the Algarve a three-course evening meal with wine costs just over £16 for two people, while lunch comes in at £12.

“That’s less than half the price in other Eurozone resorts including Ibiza, Sorrento and Nice. With this in mind, the best advice is to do some homework in advance and be aware of what to expect before facing the bill.”

In Ibiza and Nice - which both followed Sorrento in being the most expensive resort – a local beer cost £2.69 and £3.73 respectively. On the other hand, in the Algarve, a local beer cost just 75p. In the Costa del Sol, a beer cost just 90p.

When looking at the price of a glass of wine, Nice was the most expensive, with a glass costing an average of £2.99. In the Algarve, a glass of wine costs an average of £1.12.

The item which made a holiday in Sorrento expensive was a three course meal for two people, which costs an average of £52.24 more than any other resort.

According to the findings, Ibiza lived up to its reputation of being one of the pricier Spanish resorts, with the prices of items being notably inflated. A bottle of sun cream in Ibiza costs an average of £14.93 and a 1.5 litre bottle of water costs £1.27 on average.

Amongst the most affordable resorts were the Costa del Sol, Paphos, Crete and Corfu.

Europe holidays up to 22 per cent cheaper than elsewhere, report highlights

Source: Post Office

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