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Hostelbookers Aims to Beat Soaring Holiday Prices in 2010

A report published by travel magazine Trade Travel Gazette has warned that package holiday prices are set to soar in 2010, as tour operators feel the recession bite.

A fall in demand and the increasing cost of the Euro means that the notoriously cheap and cheerful package holiday is no longer the best deal around. Experts predict that a family of four will have to pay on average of £100 extra for a package deal this year, an increase of 4% in holiday prices.

Tour Operators are already gearing up to raise prices for summer 2010, and have had to scrap last minute bargain breaks to cover the costs of the business.

With all this doom and gloom for the package industry, customers should look to online booking websites to continue to save cash. The budget accommodation and flight sectors are booming, while online booking website HostelBookers are still offering a lowest price guarantee.

Recent research by Reed Business Insight found HostelBookers to be the global price leaders for budget accommodation in 48 destinations worldwide. With consistently low prices, no booking fee and a wide range of hostels, hotels and B&Bs available online, HostelBookers are bucking the trend for increasingly expensive holidays.


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