Bundle holidays costs continued to extend in 2024

In July 2024, the patron worth of bundle holidays within the EU was 6.6% increased than in July 2023. The value of home vacation packages was up 11.1%, whereas worldwide vacation packages noticed a 5.7% improve.

The value of bundle holidays has been rising throughout the EU since August 2021. The annual fee of improve exceeded 10% in most months all through 2022 and 2023. Specifically, home bundle holidays noticed a worth surge in 2023, with the annual inflation fee surpassing 20% for seven months in that yr.

Inflation rate for package holidays in the EU, July 2019 - July 2024, %, annual rate of change. Chart. See link to full dataset below.

Supply dataset: prc_hicp_manr

In July 2024, most EU international locations reported a optimistic annual inflation fee for bundle holidays offered inside their respective international locations. The very best will increase had been recorded for the packages bought in France (+22.2% in contrast with July 2023), Italy (+19.5%) and Cyprus (+16.7%).

In distinction, 3 EU international locations reported a destructive inflation fee for vacation packages: Malta (-2.9%), Finland (-2.7%) and Denmark (-0.2%).

Inflation rate for package holidays, July 2024, %, annual rate of change. Chart. See link to full dataset below.

Supply dataset: prc_hicp_manr

For extra data

Methodological notes

  • Bundle holidays (0960) embrace all-inclusive holidays or excursions which offer for journey, meals, lodging, guides, and so on. It additionally contains half-day and one-day tour excursions and pilgrimages. Worldwide holidays confer with holidays happening in international locations aside from the nation the place the holidaymaker resides, whereas home holidays confer with holidays happening inside the holidaymaker’s residence nation.
  • The information introduced on this article displays the value change on the time of buy for a selected product, bundle holidays, not the time of journey.

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