The cost of a family summer holiday in favourite European hotspots has rocketed by up to 21 per cent in a year.
Prices have risen in 13 of 16 sample European resorts – with Turkey and Bulgaria the best value places to visit, the annual Post Office family holiday report reveals.
The research, with holiday company Tui, tots up the cost of ten typical tourist items including lunch, an evening meal, suncream and drinks such as mineral water and a glass of wine.
The biggest increase is in Majorca where the total cost comes to £201.67, a 21.4 per cent rise. That makes it the second dearest hotspot, after Ibiza.
Corfu and Madeira have also had rises of more than 13 per cent to now rank among the most expensive places.
The cheapest of the 16 destinations is Marmaris, on Turkey’s Mediterranean coast, where the total cost of the ten items is £128.99.
A family of four there can have a three-course meal (including wine) for £67.67 because of the collapse in the Turkish lira.
Sunny Beach in Bulgaria, which is also outside the eurozone, is nearly as reasonable, with the ten items there costing £129.47. The rise of the euro against the pound will hit British tourists.
The biggest summer holiday cost increase comes in Majorca (pictured) where the total cost for ten typical tourist items comes to £201.67, which is a 21.4 per cent rise from last year
Corfu (pictured) and Madeira have also had rises of more than 13 per cent to now rank among the most expensive places
The cheapest of the 16 destinations is Marmaris (pictured), on Turkey’s Mediterranean coast, where the total cost of the ten items is £128.99
Post Office head of travel money Laura Plunkett said: ‘Visitors should also be aware that while sterling is worth a third more than last July in Turkey, local prices have increased dramatically because of the lira collapse.’
Prices have risen by 10.3 per cent in Marmaris and 17.2 per cent in Sunny Beach – the second biggest price jump after Majorca.
A Family Holiday Report study shows that 74 per cent of Britons expect to spend 42 per cent more on this year’s holiday – an average of £323 extra.
Food and drink costs are given as the main reason for the surge in family budgets.
