Prices for family vacations are skyrocketing: How to save now!

Prices for family vacations are skyrocketing: How to save now!

Due to the ongoing price increases, family vacations are particularly expensive this year. The costs for hotels, holiday apartments, campsites and package holidays have increased sharply. There are many reasons for this: In addition to the effects of the corona pandemic, there are also inflationary pressures, the Ukraine crisis and increased kerosene prices. So reported parents.de that popular travel destinations such as Mallorca and the Canary Islands in particular have become more expensive, which has sometimes resulted in price increases of up to 60%.

A week of all-inclusive vacation in Mallorca or Turkey now costs at least 3,000 euros for a family in high season. Despite these high prices, bookings show an increase exceeding pre-corona levels by 5.8%, especially in domestic tourism. Given the higher costs, many travelers tend to lower their expectations in order to still be able to go on vacation.

Traveling in the off-season

If the prices in the high season seem too high, we recommend traveling in the low season or choosing cheaper travel destinations. Travelers without school-age children have more flexibility here. RND has found that inflation in Germany and other countries also has an impact on travel bookings. In October 2022, Germany recorded an 11.6% increase in price levels compared to the previous year, the strongest increase in 70 years.

Energy prices rose by a remarkable 41.5% and food prices by 13.1%. Of course, these increases also affect travel costs. Inflation rates vary in the most popular European travel destinations. The inflation rate in Greece was 9.5%, in Spain 7.3% and in Italy even 12.6%.

Comparison of price levels

It is important for travelers to compare price levels for restaurant and hotel services. There is a clear trend here: in many European countries the costs are higher than in Germany. Loud parents.de For example, prices in Switzerland are 61% higher, while in Italy they are only 5% cheaper. An overview of the price differences shows the following data:

Price variations depend heavily on the type of holiday and travel time. Being well-informed has a positive impact on travel planning to experience both enjoyable and affordable vacations while taking rising costs into account.