Branch2 Intelligence
Package holidays to Dubai and Egypt cheaper as European prices creep up
Key takeaway
Package holidays to Dubai and Egypt are cheaper this summer due to slower bookings from travel nerves.
- Step 11st-order: Travel nerves reduce bookings to Dubai and Egypt, forcing package price cuts.
- Step 22nd-order: Lower margins on long-haul packages squeeze UK travel SMEs' profitability.
- Step 33rd-order: Strong European demand raises package prices, benefiting SMEs with European focus but increasing input costs for all.
Source: BBC News — Business
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