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Holiday expense refers to money spent on holidays either in the UK or abroad. These expenses include transportation, food, and accommodation, or package holidays.
As per a survey by ABTA, the UK travel Association, in 2013 UK people took 3.1 breaks on average. These included holidays both in the UK and overseas. As per government statistics, in 2012 the average household spent around £947 a year on packaged holidays, which included nearly £875 on holidays abroad and £78 on holidays within the UK.
One of the most efficient way of saving on holiday expenses is by looking for economical deals on sites such as TravelSuperMarket and Travelzoo.
TravelSuperMarket offers a choice of eight holiday destinations in Greek Islands at prices of £149 to £940. Some of these destinations include Rhodes, Kos, Corfu, Crete, and Kefalonia.
Taking the example of Rhodes, TravelSuperMarket offers packaged holidays from various travel operators such as Olympic Holidays, Airtours, Thomson, Manos and TravelRepublic. As of September 2014, the most cost-effective deal is from Olympic Holidays at £149 per person for seven days. The deal includes airfare, and accommodation in a 4-star hotel named Danaides Apartments. The holiday is of self-catering type, and thus it does not include food. However, you are allowed to cook your personal meals.
Apart from deals on comparison websites, here are some more tips on how to save on holiday expenses.
You can find many more tips on sites such as moneyadviceservice.org.uk and moneysavingexpert.com.
Holidays have become an essential part of household budgets. According to a survey by Admiral, a car insurance firm, over 50% of families said they are willing to compromise on other household expenses so that they can take a holiday. Given the high costs involved, you should make best use of resources available online to get the maximum savings on holidays and reduce the burden on overall household finances.