The Euro is going through a bit of a rocky patch, to put it lightly, and as a result the pound has clawed back some ground against this once dominant currency. As a result, holidays in Eurozone countries have just become a little bit more affordable. However, at the same time passenger duty is set to rise this April by 8% pushing the cost of a family of four holiday in Spain up by £52/$83. Additionally, global hotel prices rose by an average of 4%, although some cities such as Barcelona saw hotel rates increase by 8%.
So where is Europe’s cheapest holiday destination for 2012? According to the Post Office’s Worldwide Holiday Costs Barometer 2012, Spain is Europe’s cheapest destination. The report calculated the cost of eight holiday purchase including sun cream, light refreshments and dinner for two. In Spain the total cost of these eight goods came to just £37.72/$59.97.
Spain has been pricing hotels, tours and restaurant rates aggressively since the recession in 2009 and as a result many regions have bucked the trend of rising hotel and flight prices. This year Spain has become even more attractive to Brits thanks to the falling value of the Euro and Spain’s own domestic economic issues.
The Spanish Balearic Islands have been popular with Brits since package holidays first began in the region in the sixties. However, Mallorca has always won the lion’s share of tourists. But prices in Mallorca have not followed the same trend as mainland Spain and specifically the Costa Del Sol, where the Post Office carried out its investigation. However, Menorca has always been the cheaper Balearic and this year it should appeal to island-bound tourists more thanks its big sister across the water.
On The Beach has been providing package and DIY cheap holidays to Menorca for several years now and has a variety of accommodation options to choose from. During, and in the immediate aftermath of, the Spanish civil war Menorca suffered from a complete lack of development whilst Mallorca was lavished with money and development thanks to its alliance with General Franco. This means that Menorca is less developed, less touristy and more traditional than any other Balearic. It has ancient remains similar to those at Stonehenge, it has a giant UNESCO protected nature reserve and some of the best water sport facilities in the Balearics. If you want a cheap holiday that is packed full of action, adventure, nature and culture, head down to Menorca. Visit the official Spain Tourism website for more information and inspiration for cheap holidays to Menorca.