In just a couple of days, schools around the UK will be breaking up and many families will be hopping on their luxury minibus hire in High Wycombe to the airport for their last chance to get some sunshine before winter sets in.
There might even be some parents out there who have yet to book their flights, hoping for a last-minute deal that will be too good to miss. If this is the case, they could try looking for alternative destinations instead of the more traditional tourist hotspots, as this is a great way to save money on family vacations.
According to M&S Bank research, holidaymakers can save up to £648 on a family week-long break this half-term, simply by searching for holidays in lesser-known destinations.
For instance, instead of booking a trip to Formentera, which will set you back £1,164 per person or £4,657 for a family, you could look at another Spanish resort, Marbella. Here, prices are £1,002 per person and £4,009 for the whole gang, offering a saving of £648.
Similarly, by swapping Florence in Italy for Guardistallo, families can retain £410 for their spending money, despite both locations being in the picturesque region of Tuscany, the Mirror revealed.
Lanzarote has proved to be cheaper than Las Palmas de Gran Canaria, according to the research, with families able to save £396 by opting for the smaller island in the Canaries.
One of the cheapest destinations to head to for those looking for an inexpensive break is Mellieha in Malta, costing £967 per person. This amounts to £3,868 for the family, which is £307 cheaper than the more popular and well-known Maltese resort of Sliema, which would mount up to £4,174 in holiday expenses.
Head of products at the financial services provider Paul Stokes commented on the findings, telling the news provider: “Despite an increase in the cost of many October half-term holidays, families that are able to consider some alternative holiday destinations compared to the more popular tourist resorts, can still make some impressive savings.”
He went on to remind holidaymakers to also look closely at exchange rates, as this could help them reduce their overall expenditure as well.
For instance, holidays to Turkey are £1,200 cheaper than they were during the same period last year, as a result of favourable exchange rates. This means tourists can get 72 per cent more lira for their pound, pushing down the price of package deals to the country by 20 per cent in total.
It, therefore, could be extremely tempting for families to opt for a trip to Turkey, as holidays to other destinations are typically 2.8 per cent more expensive than in 2017’s October half-term, making the saving for Turkish holidays even more impressive.
While the weather abroad is likely to be cooler at this time of the year, this is not putting off holidaymakers. In fact, it is one of the reasons why so many people choose to jet off after the summer holidays have ended.
According to a recent survey from Sainsbury’s Bank reported by MoneyNet, 12 per cent of Brits opt for a foreign vacation during September, with 31 per cent saying they do so for better weather.