Half term holiday price hike

Brits planning to take a break with the family this half term, be warned: holidays taken during this school holiday will be 104 per cent more expensive on average than holidays taken a week later, with some families facing a premium of up to 249 per cent.

Research from Santander Cards reveals that travelling from outside the capital this week will also cost more, with those travelling from Manchester paying 22 per cent more on package holidays than those flying from London.

The company looked at prices for a family of four in the run up to half term across five popular autumn sun destinations – Lanzarote, Gran Canaria, Florida, Sharm el Sheikh, and Crete. It found that the average family holiday abroad taken over the half term break will be 104 per cent more expensive than holidays taken a week later.

Families travelling to Lanzarote from London Gatwick face some of the biggest premium hikes, with a family of four having to pay £5,485.62 for a holiday package between 24 and 31 October, compared to £1,572.46 a week later. That makes it three and half times more expensive during term time and equates to a premium of 249 per cent.

Families flying from Manchester to the guaranteed sunshine of Sharma el Sheikh will find a similar story, with a holiday package costing them £6,544.58 during half term, compared to a more reasonable £2,433.08 the following week.

The best half term 'bargain' can be found in Crete, where a family flying from London to Chania during half term faces a premium of just 18 per cent, significantly lower than the other destinations.

It's a shame that parents with children of school age face a massive premium if they want to take their children away during the half term break. It's not surprising that some families would rather take their children out of school during term time and risk censure from their children's school than be hit by such staggering premiums.

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