29th January 2016
Bulgaria remains the cheapest ski holiday destination for families this half-term despite the price of a break increasing.
Research from M&S Bank shows it will cost a family of four £2,992 or £748 per person for a February half-term ski holiday. This is a third less than the price of the most expensive ski destination which is Vail in the US, even though this holiday has decreased in cost this year.
However, a trip to the Bansko resort in Bulgaria has increased 3.9% in cost since last year, up from £2,880 in 2015, due to higher flight costs.
The area also experienced the lowest average levels of snow on upper slopes at 73cm.
Central Piedmont in Italy is the second best value ski destination, costing a family of four £4,5000 – 50% more than Bulgaria. This cost of this holiday has gone up £356 since last year but offers good skiing conditions, with the upper slopes receiving 176cm of snow.
Vail in the US is the most expensive destination at a cost of £9,924 for a family of four, or £2,481 per person. Grindelwald in Switzerland is the second most expensive destination at a cost of £5,680.
Despite being the two most expensive destinations, the cost of a holiday in the USA and Switzerland has fallen over the past year, costing 10.1% and 8.9% less respectively.
Paul Stokes, head of products at M&S Bank, said: ‘While the cost of a ski holiday has increased in three of the five locations research, there is still a significant variation in price between cheapest and most expensive destination, with ski passes, equipment hire and flights all impacting the total cost.
‘Families can achieve substantial savings by considering some of the less traditional ski destinations, as well as buying ski passes and booking equipment hire online before they arrive. In addition, looking at local costs and exchange rates can help ensure they get the most form their travel money this half-term.’
Travel money tips:
▪ Try to be flexible and opt for a weekday or night time flight, which could prove cheaper
▪ Use a comparison site to compare the price of flights and accommodation before booking
▪ Always budget for your holiday and remember to factor in travel money or snacking, taxis, tipping and other costs, regardless of going half board or all inclusive
▪ Some ski destinations are catered for by multiple airports, and transfer costs can vary; research ahead of time to avoid overpaying
▪ Find out if buying tickets in advance and online, such as ski passes, is cheaper
▪ Don’t rely on internet rates if buying travel money in-store; many providers have different rates online and some change their rate throughout the day
▪ Don’t leave your holiday money until the last minute; airport bureaux often offer less competitive rates and may not have a wide variety of note denominations
▪ Always take both travel money and a credit/debit cards to ensure you have multiple methods of payment