Package holidays in Greece, Spain and Turkey soar in price

There is one cost, however, that has come down: car hire. After spiking higher last summer as operators struggled to scale back up after the pandemic, hiring a car this August has become more affordable. For example, the average daily rate for hiring a car in Ireland dropped from £203 in August last year to just £48 this August. Rates in Croatia, Italy, Spain and the United Arab Emirates have also dropped by more than 40%.