Spanish tourism: Holiday prices soar due to increased demand

Holiday prices to Spain are soaring as travellers switch to the “reserve currency” of tourism: the Spanish Costas, long seen as a safe bet, the Independent reports.

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According to the British newspaper, fares for directly comparable flights are up to 80 per cent higher to Spain than to Turkey, according to research by The Independent.

Bookings to Turkey by British holidaymakers are down by nearly half following a series of terrorist attacks, while Egypt’s main resort airport and the whole of Tunisia are still on the Foreign Office no-go list.

Antalya in Turkey and the main airport on the Spanish island of Tenerife are the same distance from Gatwick – just over 1,800 miles. Yet the Thomas Cook Airlines fare to the Canaries for the first full week of the school summer holiday is 79 per cent higher than to Turkey’s Turquoise Coast. From Manchester, fares to Las Palmas are 23 per cent higher than to Dalaman, an identical distance.

Thomas Cook this week revealed that it has switched 400,000 seats this summer from Turkey to Spain, with the same number again held in reserve to see where demand for late bookings is strongest.

Thomson, the UK’s biggest tour operator, has also sharply increased capacity into Spain.

Prices are only going to go up as we get nearer to summer

The cheapest Thomson package holiday from Birmingham to a “Small and Friendly” hotel in Spain for a peak summer week costs £758. That is 31 per cent more than the cheapest equivalent in Turkey – even though the Spanish holiday is in Menorca, a far shorter flight.

Pippa Jacks, editor of Travel Trade Gazette, said: “Those prices are only going to go up as we get nearer to summer, not down.”