Global rising costs have also driven up the prices of package tours abroad in Germany.

Özak Global plans four new hotels in Türkiye Özak Global plans four new hotels in Türkiye

According to the Federal Statistics Office located in Wiesbaden, the prices of vacation packages abroad have risen by an average of 5.2 percent compared to the same period last year. When compared to the first half of 2022, the increase reaches up to 19 percent.

On an annual basis, the most substantial price increases have been recorded for Türkiye at 7.6 percent, the Canary Islands at 6.7 percent, and the Balearic Islands at 6.3 percent. In neighboring Greece, the price increase was reported at 4.5 percent, while trips to Egypt have become cheaper.

According to a report from DW Turkish, domestic package vacation prices in Germany showed a modest increase of 1.1 percent in the first half of the year.

International flights become cheaper

The Federal Statistics Office also released data on international flight prices. These prices have decreased by 3.1 percent in the first half of the year compared to the same period last year.

Flights to Central America have become 15.8 percent cheaper, while flights to Africa have increased by 4.1 percent and to other European countries by 2.7 percent. The statement highlighted that international flights in the first half of 2024 are on average 3.1 percent cheaper than the previous year.