New TravelSupermarket data suggests prices for the top five destinations have risen by 10% on average (not far off the UKs inflation rate), with car hire rates dropping as supply issues ease.
TravelSupermarket data for a BBC report on holiday prices in the cost-of-living crisis has suggested prices have risen mostly in line with inflation, and unveiled that car hire prices have, in fact, fallen after 2022's supply chain and availability issues.
Richard Singer, CEO of TravelSupermarket, said: "After a number of disrupted years of travel there is no escaping that demand for holidays is high, as people look to book their much-deserved holiday. This, coupled with global inflationary pressure, has seen a rise in holiday prices to some locations.
"However, there are still some great holiday bargains out there, especially if you can be flexible on date of travel, duration or potentially trying a new destination."
Against average holiday prices in 2022, Spain has risen by 14.59%, Turkey by 9.86%, Greece by 12,70% and Portugal by 5.28%.
The United Arab Emirates managed to drop in holiday price, with a 15.47% decrease against 2022's averages.
Car hire prices have dropped significantly, with Spain's per-day rate between June 1st and 11th in 2022 and 2023 dropping by 43.8%, the USA's by 23.86%, and Italy's by 44.35%.
