Brexit 'has added £245' to price of average family summer holiday
Experts advise choosing all-inclusive holidays as their prices will have been set before the post-Brexit drop in the pound
Your support helps us to tell the story
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.
Your support makes all the difference.The drop in value of the pound in the wake of the EU referendum has added over £200 to a family of four's summer holiday abroad, experts estimate.
The ten per cent drop of the pound against the Euro will mean that an average family will have pay an extra £245 to get their spending money for a European getaway.
The rise in travel cost was based on figures collated by price comparison website, TravelSupermarket, who found that British holidaymakers take an average of £513 of spending money per person.
Travel experts have advised people still looking for a holiday abroad to choose an all-inclusive package deal, the price of which would have been set long before the value of the pound changed.
Such a holiday package covers most expenses holidaymakers might use foreign currency for such as food and drink, the Guardian reports.
Bob Atkinson of TravelSupermarket said: "The prices for many of these will have been set well before the drop in the pound and by knowing your food, drink and entertainment are already paid for before leaving the UK, you are insulated from any increase in holiday costs.
"We are already seeing an increase in popularity in this holiday option by savvy deal hunters."
The drop in the pound's value has created greater interest in British holidays from across the Atlantic, with the number of searches for flights to the UK from the US doubling since Brexit - according to Cheapflights.
In addition, VisitBritain announced that spending on domestic overnight holidays has increased by 23 per cent to £1.8bn.
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies
Comments