“This, again, would be more relevant if sterling remains weak, which it is likely to do as Brexit negotiations appear far from concluded.I booked a package holiday with teletext yesterday, whilst on the phone to them i agreed a price and received an email quotation stating agreed amount whilst still on the line. “The lack of demand has put downward pressure on prices, which could make them more appealing to price-sensitive consumers,” said Göransson. Thomas Cook has begun selling holidays there again, with trips starting from February 2018.Īccording to Euromonitor, tourists would be expected to drift back to north Africa and the eastern Mediterranean if they become more stable. In July, the Foreign Office revised its travel advice for the country, meaning tour companies can resume trips there. This could also be the case with Tunisia. “This will mean that the Spanish hoteliers may have to revise their pricing to compete with the value that Turkey will undoubtedly offer.” “Turkey has had a stronger summer than expected and predictions are that 2018 will see it rise to previous levels of popularity if there are no further issues,” he said. Wayne Perks, managing director of Teletext Holidays, said that although capacity issues in mainland Spain and the Balearics are causing prices in peak season to rise, travel to Turkey is also looking more buoyant. This increase in capacity and thus falling prices allows tour operators to offset part of the increased accommodation costs.” “According to our industry sources, airlines are shifting capacity from the eastern Mediterranean to the Iberian peninsula. “Aircraft have the advantage over hotels in that they can be diverted to where current demand is,” he said. Göransson added that although demand for accommodation will be high in 2018, putting upward pressure on prices, increased demand for travel to Spain could mean flight prices drop as airlines compete to lure passengers, helping keep overall package prices down. “The current increased demand has given them the confidence to do this.” Turkey's had a stronger summer than expected and predictions are 2018 will see it rise to previous levels of popularity Wayne Perks, Teletext Holidays “There are indications that hoteliers in Spain are moving away from block bookings with tour operators, preferring to sell rooms directly to independent travellers, who they can charge more,” he said. Photograph: David Ramos/Getty ImagesĪlexander Göransson, lead analyst at Euromonitor International said that it would expect accommodation prices in Spain to continue to increase in 2018, as a result of the Spanish economy improving, leading to an increase in demand from domestic visitors. Tourists watch the sunset in front of Cafe del Mar in Sant Antoni, Ibiza, in the Balearics. If the demand comes early, the hoteliers will be happy to hold their line as we get closer to next summer.”
“What we’re seeing now is a huge interest in summer 2018, and that’s one of the first influencers of price. “Spain was very busy this year, so a lot of tourists would have missed out on the best hotels, best rooms or their first-choice properties,” he said.
John Lucas, e-commerce director at, said demand for summer 2018 was already higher than this time last year, with a growing number of people taking advantage of early-booking deals. On Tuesday, Thomas Cook chief executive Peter Fankhauser told the BBC that in Spain “we have not enough beds for all the demand”, adding that he expected the price of a Spanish holiday to rise by up to 10% next year, as a result of the destination’s surge in popularity, combined with the weak pound.
What we’re seeing now is a huge interest in summer 2018, and that’s one of the first influencers of price John Lucas, At the time, early bookings for summer 2017 were already up 16%.
In February, travel market analysts GfK reported a record number of British tourists had visited Spain in 2016, rising by 12% to 17.8 million people.
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