The price of package holidays in the European Union was 6.6% higher in July 2024, compared to the same month the previous year, new data has shown.
The price of domestic holiday packages rose by 11.1%, the data showed, while the price of international holiday packages rose by 5.7%.
France saw the biggest rise
On a country-by-country basis, the biggest increase in package holiday prices was seen in France (+22.2%), which is unsurprising given the Paris 2024 Olympics took place this year.
However, notable increases were also seen in Italy (+19.5%) and Cyprus (+16.7%), along with Estonia (+14.7%), Poland (+13.1%) and Belgium (+11.5%), the Eurostat data showed.
Just three EU countries reported a price decline for package holidays in July 2024, compared to the previous year, Malta (-2.9%), Finland (-2.7%) and Denmark (-0.2%).
Read more: France saw a 4% decline in tourism occupancy in the second quarter of 2024
Steady increase
Package holiday prices have been rising steadily across the EU since August 2021, Eurostat reported with annual increases exceeding 10% in most months of 2022 and 2023.
In 2023, domestic package holidays experienced a significant surge, with inflation rates surpassing 20% for seven months.
Package holiday price increases, by European country, July 2024 (%)
| Country | Percentage |
|---|---|
| France | 22.2 |
| Italy | 19.5 |
| Cyprus | 16.7 |
| Estonia | 14.7 |
| Poland | 13.1 |
| Belgium | 11.5 |
| Sweden | 11.2 |
| Romania | 9.4 |
| Croatia | 9.0 |
| Lithuania | 8.3 |
| Greece | 7.5 |
| Netherlands | 6.8 |
| Slovenia | 6.7 |
| Slovakia | 6.6 |
| Hungary | 6.2 |
| Germany | 5.7 |
| Ireland | 5.6 |
| Bulgaria | 4.1 |
| Luxembourg | 3.5 |
| Latvia | 2.6 |
| Spain | 2.4 |
| Czechia | 1.9 |
| Austria | 1.0 |
| Portugal | 0.4 |
| Denmark | -0.2 |
| Finland | -2.7 |
| Malta | -2.9 |
