The cost of holidaying in Spain and Portugal falls dramatically in the wake of the Euro crisis

Saturday 12, June 2010


The cost of holidaying in Spain and Portugal falls dramatically in the wake of the Euro crisis


Latest research has revealed that the cost of holidaying in Spain and Portugal has tumbled by up to 40%. Local shops and restaurants have dropped their prices to attract customers on the back of the Euro crisis.



It's welcome news for UK holiday makers planning trips to the Eurozone and reduced costs can be found in most destinations.


The biggest discounts can be found whilst enjoying a meal out, according to the research as restaurants in the Eurozone compete for business.


It calculated the cost of a basket of goods, popular with holidaymakers, including a local beer, a meal out and a cup of coffee and found the total cost had dropped from almost £67 last year to less than £39 in Portugal this year, making it the best value for money. Spain was also unveiled as one of the cheapest destinations with prices dropping from the same level to just £39.50.


Skyscanner recently revealed their top 6 Euro destinations and Greece, Portugal and Spain were all named value for money destinations.


Holiday makers can enjoy a pint of beer on one of the 14,000 paradise islands in Greece for just £2.36 or head for sunshine and watersports in Faro or the Algarve, with the cost of a pint coming in at just £1.18 in Portugal.


Sun, sea and sangria are still the order of the day in Spain - the popular tourist destination still holds a special place in the British travellers heart with Malaga, Alicante and the Costas all popular choices. Research showed the average cost of a pint of beer in Spain is just £1.97.




Bookmark and Share


^ back to top


Find the best deals available today

The grey menu on the right is your best friend. Always check before you travel.

Plan your trips with the help of great resources

More and more travellers think that researching and planning a European city break is half the fun and they're not interested in pre-arranged trips or escorted tours. Self-guided tours offer a lot of advantages but require some guidance and good resources.


Clean, green and very pristine

Top 10 most environmentally pure countries

With the recent wild fires, disrupting flights and increasing air pollution, environmental quality is a growing factor in attracting tourists.



Top 15 most spectacular hotel rooftop views

The hotel price comparison site has put together a list of the fifteen most spectacular hotel rooftop terraces in the world.

Latest offers, discounts and more...

Accor “3=2 offer”
Why not extend your stay? 3 nights for the price of 2.
Columbus Direct travel insurance
Quality cover at low prices to customers all around the world.
Priority pass
Access VIP lounges no matter where which airline and class you fly.
European City Cards
See more and pay less! Get your "passport" to European cities.
Rail Europe
Comfortable and affordable on European trains.
Lonely Planet Magazine
Packed with insider knowledge, hints and tips.
Sandemans New Europe City Tours
Free walking tours in 13 cities within 9 countries.
Sol Melia Wednesdays
Search your exclusive special offers now for the coming weekend!
Low-cost shuttle and private transfers in over 70 countries.
IMEX Frankfurt 25-27 May
The essential worldwide exhibition for incentive travel, meetings and events.
Subscribe to Travelio News Summary via RSS Follow our news titles on Twitter Become a fan of on Facebook Bookmark and Share