20 May 2013

Posted by Discount Insurance on Monday, May 20, 2013
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The average cost of a family holiday over May half term has risen by £128, a new study shows.

A family of four looking for a foreign getaway over the school holidays could now spend anywhere from £2,187 for a break in Brittany to £4,873 for a Floridian adventure, according to the research from M&S Bank.

Prices rose above the rate of inflation in all of the key destinations used in the study, with increases between 3.1 and 6.1 per cent. UK inflation currently stands at 2.8 per cent.

The only exception was Egypt, where favourable exchange rates meant that prices rose by just 0.8 per cent.

Within Europe, the decline of the pound against the euro has helped to push local costs upwards for British holidaymakers, which M&S head of travel money Paul Stokes says is encouraging tourists to look elsewhere for the best deals.

For extra peace of mind on your next holiday, Discount Insurance offers competitive rates on travel insurance.