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COVID-19 cancellations: package holidays

CMA open letter to package travel sector

13 May 2021: The Competition and Markets Authority (CMA) has published an open letter to all package holiday companies to remind firms of their legal obligations and the need to ensure refund options are clear and accessible.

A copy of this letter will also be sent directly to 100 package travel companies that we have received the most complaints about. The CMA is not disclosing the identities of the businesses it has issued letters to.

Update on enforcement action

Teletext Holidays facing legal action over package holiday refunds

Teletext Holidays is the trading name of Truly Travel Limited. Truly Travel Limited and Alpha Holidays Limited (which trades as Alpharooms.com) are both owned by Truly Holdings Limited, and are all covered by this action.

18 October 2021: The CMA has filed proceedings against Teletext Holidays.

On 26 May 2021, the CMA announced that Teletext Holidays, had signed undertakings committing to address failures to properly refund package holiday customers for holidays cancelled during the pandemic.

However, the CMA does not consider that enough has been done to ensure that Teletext is able to provide refunds to package holiday customers with outstanding claims or done enough to make sure that it pays all refunds that may in future become due within 14 days, as required by law.

The CMA has therefore filed proceedings requesting that the Court order that outstanding refunds be immediately repaid and that in the future, customers who are entitled to a refund are repaid in the timeframe specified by law with appropriate processes put in place to ensure future compliance. As the CMA is alleging that consumer harm is continuing and that Teletext is in breach of the law, the CMA is seeking that the claim be expedited.

Teletext Holidays could face legal action over package holiday refunds

Teletext Holidays is the trading name of Truly Travel Limited. Truly Travel Limited and Alpha Holidays Limited (which trades as Alpharooms.com) are both owned by Truly Holdings Limited, and are both covered by this action.

16 September 2021: The CMA has notified Teletext that unless it takes urgent action to improve how it handles refunds to package holiday customers the CMA will commence court action.

On 26 May 2021, the CMA announced that Teletext Holidays, had signed undertakings committing to address failures to properly refund package holiday customers for holidays cancelled during the pandemic.

The CMA does not consider that enough has been done to ensure that Teletext is able to provide refunds to package holiday customers with outstanding claims or done enough to make sure that it pays all refunds that may in future become due within 14 days, as required by law.

The CMA has therefore written to notify Truly Holdings that it will take court action unless the firm takes immediate steps to rectify the situation and to ensure that, in the future, customers who are entitled to a refund are repaid in the timeframe specified by law.

Teletext to pay back over £7 million for all outstanding refunds for package holidays

Teletext Holidays is the trading name of Truly Travel Limited. Truly Travel Limited and Alpha Holidays Limited (which trades as First tennessee bank nashville routing number are both owned by Truly Holdings Limited, and are both covered by this action.

26 May 2021: Truly Holdings Ltd, the company that operates Teletext Holidays and Alpharooms.com (Alpharooms), has signed formal commitments, known as undertakings, that ensure that all customers it accepts are owed a refund for cancelled package holidays will get their money back. This includes a repayment schedule that prioritises refunds to customers with the longest-standing claims.

Customers waiting for their money back should visit www.teletextholidays.co.uk or www.alpharooms.com from 28 May, where there will be dedicated pages explaining the process regarding refunds and a webform enabling customers to request a cash refund. In addition, Teletext Holidays and Alpharooms package holiday customers who have not received cash refunds but who have Refund Credit Notes for their cancelled trips, which have not expired or been redeemed, should receive an email from the company shortly, asking them to confirm whether they want a refund.

The CMA opened an investigation into Truly Holdings Ltd, which operates Teletext Holidays and Alpharooms.com, on 4 February.

On 30 April, the CMA informed Truly Holdings Ltd that it was preparing to take court action against the firm.

Truly Holdings Ltd has now signed undertakings that ensure that allcustomers with cancelled package holidays it accepts are owed refunds will get their money back within agreed deadlines.

Having carefully reviewed Truly Holdings Ltd’s financial information and how quickly it can realistically make the repayments, the CMA has accepted its commitment to pay back all customers owed refunds by 31 August 2021 at the latest.

Truly Holdings Ltd has agreed to a schedule of repayments, where customers with bookings cancelled:

  • on or before 31 July 2020 will be refunded by 30 June 2021
  • between 1 August 2020 and 31 October 2020 will be refunded by 31 July 2021
  • between 1 November 2020 and 24 May 2021 (inclusive) will be refunded by 31 August 2021

For package holidays cancelled from 25 May 2021 onwards, where customers are entitled to a full refund under the Package Travel and Linked Travel Arrangements Regulations 2018, Truly Holdings Ltd has also committed to pay customers full refunds within 14 days of cancellation.

The CMA will monitor Truly Holdings Ltd adherence with its undertakings. Therefore, it will report regularly to the CMA over the coming months on the time it has taken to refund customers.

Undertakings from TUI UK

13 May 2021: TUI UK has committed to the Competition and Markets Authority (CMA) to give clearer information about refunds upfront to customers whose holidays have been cancelled due to the pandemic

TUI UK have already taken steps to meet the concerns previously november 2020 holiday packages by the CMA by improving the information it provides to customers and making it easier for people to get their money back.

These commitments apply to all of TUI UK’s different businesses that offer package holidays, including First Choice, First Choice Holidays, Marella Cruises, Crystal Ski, Crystal, TUI Scene, TUI Lakes and Mountains and Skytours.

CMA issues Teletext with letter before claim

Teletext Holidays is the trading name of Truly Travel Limited. Truly Travel Limited and Alpha Holidays Limited, trading as Alpharooms.com, november 2020 holiday packages owned by Truly Holdings Limited, and are both covered by this action.

30 April 2021: The CMA has notified Truly Holdings Limited trading as Teletext Holidays and Alphrooms.com that unless it commits mrs america episode 1 paying customers entitled to a refund for their cancelled package holidays, and agrees to comply with the Package Travel Regulations 2018 (PTRs) going forward, the CMA will commence court action.

The CMA wrote to Truly Holdings Ltd on 24 March 2021 setting out in detail its concerns. To avoid taking court action, the CMA sought a formal commitment from the company, by way of undertakings, to refund consumers due a refund under the PTRs.

Truly Holdings has not agreed to provide undertakings that are sufficient to address the CMA’s concerns.

The CMA has now informed Truly Holdings Limited that it is preparing to take court action and will launch proceedings if it does not repay the outstanding refunds or commit to doing so, without unnecessary delay.

Teletext update

24 March 2021: An investigation by the Competition and Markets Authority (CMA) has identified that Teletext Holidays failed to refund many of its customers for package holidays cancelled due to the pandemic.

The CMA has now written to Teletext to set out its november 2020 holiday packages that the company has not refunded many of its customers in accordance with its obligations under the Package Travel Regulations. The CMA has also set out its expectations regarding how the company should now comply with its obligations.

Teletext now has the opportunity to address the CMA’s detailed concerns and avoid any potential court action by signing formal commitments – known as ‘undertakings’ – to refund the affected consumers as soon as possible and take steps to ensure it complies with the Package Travel Regulations going forward.

Teletext Holidays is the trading name of Truly Travel Limited, which is a subsidiary of Truly Holdings Limited. The CMA’s investigation has included Alpha Holidays Limited, trading as Alpharooms.com, which is also a subsidiary of Truly Holdings Limited.

Lastminute.com has now paid back £1 million in outstanding refunds for package holidays

26 February 2021: The CMA warned Lastminute.com that it would take it to court if it failed to refund customers, as promised.

Lastminute.com has now paid back a further £1 million in outstanding refunds to thousands of customers whose package holidays were cancelled, in line with the commitments that it gave to the CMA.

This means that, in total, Lastminute.com has issued over £7 million in refunds due to action taken by the CMA.

Any customers who are still awaiting refunds for package holidays cancelled because of the pandemic should contact Lastminute.com using the dedicated form which is published on Lastminute.com’s website.

CMA issues Lastminute.com with letter before action

12 February 2021: Lastminute.com has not complied with the undertakings it gave to the CMA by failing to pay customers entitled to a refund for their cancelled package holidays by the deadlines agreed, in breach of the Package Travel Regulations 2018.

On 1 December 2020, the CMA announced that Lastminute.com had signed formal undertakings which committed it to pay out refunds to customers whose package holidays were cancelled on or before 2 December 2020 due to the pandemic. Those eligible were due to get their money back by 31 January 2021 at the latest.

The company had also accepted ongoing commitments to pay all customers entitled to a refund within 14 days of their package holiday being cancelled on or after 3 December 2020.

The CMA has today informed Lastminute.com that it will take court action if it does not repay the outstanding refunds within 7 days. To avoid court action, Lastminute.com must also ensure that customers who book their package holidays from now on will receive a full refund within november 2020 holiday packages days where they are legally entitled to their money back following the cancellation of their package holiday.

Investigation into Teletext Holidays

4 February 2021: The Competition and Markets Authority (CMA) has opened an investigation into Teletext Holidays as part of its work on consumer protection law in the package holiday sector.

The CMA will now engage with Teletext Holidays to gather evidence on whether the company has broken consumer protection law. The CMA is at the initial stage of its investigation. Accordingly, it should not be assumed that any business under investigation has broken consumer protection law.

Undertakings from We Love Holidays

15 December 2020: We Love Holidays has committed to the Competition and Markets Authority (CMA) to refund customers whose package holidays were cancelled due to the pandemic.

The CMA has been investigating We Love Holidays after receiving hundreds of complaints from people who have been waiting an unreasonable length of time to receive a refund.

We Love Holidays has engaged constructively with the CMA. Having carefully reviewed We Love Holidays’ financial information, and how quickly it can realistically repay customers, the CMA has accepted its commitment to repay over £18 million to 44,000 customers by the end of March 2021.

This is in line with We Love Holidays’ commitments to pay customers refunds by the following dates:

Refunds for accommodation and transfers

  • For holidays cancelled before 1 November 2020, customers will be paid by 31 December 2020.

  • For holidays cancelled between 1 November 2020 and 31 December 2020 (inclusive), customers will be paid by 31 January 2021.

  • For holidays cancelled between 1 January 2021 and 30 April 2021 (inclusive), customers will be paid within 14 days of cancellation.

Refunds for flights

  • For holidays cancelled before 24 August 2020, customers will be paid by 28 February 2021.

  • For holidays cancelled between 24 August 2020 and 31 October 2020 (inclusive), customers will be paid by 31 March 2021.

  • For holidays cancelled between 1 November 2020 and 31 March 2021 (inclusive), customers will be paid by 30 April 2021.

  • For holidays cancelled between 1 April 2021 and 30 April 2021 (inclusive), customers will be paid by 31 May 2021.

For holidays cancelled from 1 May 2021 onwards, where customers are entitled to a full refund under the Package Travel and Linked Travel Arrangements Regulations 2018, We Love Holidays has also committed to pay customers full refunds of all holiday costs within 14 days of cancellation.

The CMA wants to ensure that We Love Holidays adheres to its commitments. Therefore, We Love Holidays will report regularly to the CMA over the coming months on the time it has taken to refund customers.

Undertakings from Bravonext SA trading as Lastminute.com

1 December 2020: Bravonext SA trading as Lastminute.com has committed to the Competition and Markets Authority (CMA) to refund customers whose package holidays it cancelled due to the pandemic.

The CMA has been investigating Lastminute.com after receiving hundreds of complaints from people who have been waiting an unreasonable length of time before receiving a refund. Lastminute.com told the CMA that it was currently due to refund more than 9,000 customers.

Lastminute.com has engaged constructively with the CMA and has committed to ensure that these customers receive refunds by 31 January 2021 (with at least half of these paid by 16 December).

Lastminute.com has also agreed that anyone entitled to a refund for a holiday it cancels on or after 3 December will be paid within 14 days.

The CMA wants to ensure that Lastminute.com adheres to its commitments. Therefore, Lastminute.com will report regularly to the CMA over the coming months on the time it has taken to refund customers.

Undertakings from Virgin Holidays

12 October 2020: Virgin Holidays has committed to the Competition and Markets Authority (CMA) to refund all customers whose package holidays were cancelled due to the pandemic.

The CMA has been investigating Virgin Holidays after receiving hundreds of complaints from people who are having to wait an unreasonable length of time before they receive their refund. Virgin Holidays informed many customers that the wait could be up to 120 days. Since 1 March 2020 the company has received 53,000 refund requests.

Virgin Holidays has engaged constructively with the CMA and has committed to ensure that all of its customers receive their refunds without undue delay and by the following dates:

  • holidays cancelled before 1 September 2020 will be repaid by 30 October 2020
  • holidays cancelled from 1 September to 31 October 2020 will be repaid by 20 November 2020

The CMA wants to ensure that Virgin Holidays meets its obligation to pay refunds on time in the future. Therefore, Virgin Holidays will report regularly to the CMA over the coming year on the time it has taken to refund customers.

These commitments apply to all Virgin Holidays businesses that offer package holidays, including Virgin Holidays Cruises.

Undertakings from TUI UK

16 September 2020: TUI UK has committed to the CMA that customers awaiting their refunds for holidays that were cancelled due to coronavirus (COVID-19) will receive them by the end of the month.

The Competition and Markets Authority (CMA) has been investigating TUI UK after receiving thousands of complaints from people that they were not receiving refunds for their cancelled holidays within 14 days. Consumer protection law requires refunds within 14 days.

TUI UK has engaged constructively with the CMA throughout the investigation and while the vast majority of people have already received their refunds or rebooked during the CMA’s investigation, any outstanding refund requests for people who had their package holiday cancelled as a result of coronavirus will be paid by 30 September 2020.

Some customers may have accepted Refund Credit Notes. It is important they know they are entitled to a cash refund as an alternative. TUI UK has now given formal commitments to the CMA to contact customers who have an unused credit note, to let them know they can convert it to a refund, which will be paid within 14 days.

The CMA wants to ensure that TUI UK meets its obligation to pay refunds on time in the future. Therefore, TUI UK will report regularly to the CMA over the coming year on the time it has taken to refund customers.

These commitments apply to all of TUI UK’s different businesses that offer package holidays, including First Choice, First Choice Holidays, Marella Cruises, Crystal Ski, Crystal, TUI Scene, TUI Lakes & Mountains and Skytours.

Update on group travel

The CMA has written to certain companies specialising in package holidays for groups to explain its view on when consumers should be offered a refund. As is usual practice, the CMA will not be naming the companies in receipt of these letters.

It follows complaints about companies whose primary business is selling package travel to groups, such as:

  • schools
  • groups such as scouts and guides
  • amateur sports teams
  • university teams or societies
  • voluntary groups
  • social groups

The CMA has noted that, in several cases, businesses are claiming they are exempt from the Package Travel Regulations (PTRs) as the organisation that booked the trip is not a “Consumer”.

The CMA believes that this is generally incorrect. Regulation 2(1) sets out that the Regulations cover “any individual who is seeking to conclude a contract, or is entitled to travel on the basis of a contract concluded”. Furthermore, Article 12 (4) of the Www walmart com giftcards Travel Directive envisaged that payments may be made by third parties on behalf of the ultimate ‘traveller’.

The CMA takes the view that the PTRs are intended to protect consumers who have booked package holidays and should therefore be protected from losing money.

Investigation launch

Package holidays was named as one of several sectors being investigated by the Competition and Markets Authority (CMA) following reports of businesses failing to respect cancellation rights during the coronavirus pandemic.

The investigation was launched as a result of intelligence gathered by the CMA’s COVID-19 Taskforce, set up to monitor market developments and identify the major problems facing consumers as a result of the pandemic and the lockdown. The CMA has been receiving reports that businesses have not been respecting their customers’ statutory rights to a refund for package holidays that renasant mobile banking login cancelled by either party due to certain lockdown restrictions imposed by authorities in the UK and abroad.

The CMA also issued a statement on its views on consumer protection law in relation to cancellations and refunds during the current crisis.

If people have been affected by unfair cancellation terms in the wake of coronavirus, they can report them to the CMA using the CMA’s online form.

Read our letter to to all package holiday businesses

Источник: https://www.gov.uk/cma-cases/covid-19-cancellations-package-holidays

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This is how much it will cost to fly during the holidays this winter

Editor’s note: While TPG will continue to provide information about travel pricing and tips for traveling as safely as possible, do note that the CDC is recommending against holiday travel this year. 


Normally, the holidays are one of the busiest times of year to travel, when millions of Americans jet off to visit family members or take a much-needed vacation. Of course, this year is a bit different, but even in 2020, the winter holidays can be an expensive time for leisure travelers to fly.

Related: What do travelers want this holiday season? Safety, cheap flights and flexibility

We wanted to know if, despite the dip in demand this year, travelers who are flying should still expect to spend a premium on holiday flights.

To determine just how much it will cost to travel during the 2020 holiday season — and the best dates to fly if you want a better deal — TPG pulled cash and award pricing for more than 90 routes with all of the major U.S. airlines during four popular winter holiday dates: Nov. 24 to 28; Nov. 25 to 29; Dec. 19 to 26; and Dec. 23, 2020, to Jan. 2, 2021.

Related: 11 things you absolutely must know if you travel this holiday season

What we discovered were some of the biggest airfare pricing trends of the season — and which airlines offer the best deals for both cash and award flights.

For more TPG news and tips delivered each morning to your inbox, sign up for our free daily newsletter.

In This Post

The average cost of a holiday flight in 2020

Southwest planes at MDW from the sky

This holiday season, an average domestic round-trip ticket in our study costs $345.50 across all airlines and routes. The average cost of an award ticket was 36,442 miles when booking flights through a carrier’s in-house loyalty program. When calculating value (cash price ÷ award price), this comes out to just 0.95 cents per point/mile — which is quite a bit lower than any individual currency in our most recent valuations.

During our search, we found that the best time to fly domestically on a cash ticket is Dec. 19 to 26 (about $312 on average per round-trip ticket), narrowly beating out Nov 24. to 28 by just 3 cents. This is also the cheapest time to buy award fares, with the average domestic round-trip requiring 31,711 miles to book.

However, the best value came when you travel Dec. 23, 2020 through Jan. 2, 2021. In fact, this was the only set of dates where the value surpassed 1 cent per point/mile.

Just remember, dates near Thanksgiving could skew more expensive because we pulled this pricing closer to the date of departure. Most of the fares were pulled the week of Nov. 11. That said, travelers are increasingly booking last-minute flights due to the rapidly-changing coronavirus restrictions around the U.S., so this is still an accurate look at real-world pricing.

Date rangeAverage cash cost
Average mileage cost (Value)
Nov. 24 to 28$312.1934,765 (0.9 cents)
Nov. 25 to 29$369.3140,956 (0.9 cents)
Dec. 19 to 26$312.1631,711 (0.98 cents)
Dec. 23, 2020, to Jan. 2, 2021$388.3338,337 (1.01 cents)
Average$345.5036,442 (0.95 cents)

For international flights, the average round-trip ticket in our study costs $960, or 61,923 miles, based on prices for one transatlantic flight, one transpacific flight, two flights to the Caribbean and one flight to Mexico with American, Delta and United, plus prices for two flights to the Caribbean and one flight to Mexico operated by Southwest and JetBlue. This gives you an average value of 1.55 cents per point/mile — a major increase over domestic award tickets.

If you plan on flying on a paid ticket, the best holiday deals can be found between Dec. 19 to 26. Mileage tickets, on the other hand, are generally cheapest and offer the best value when flying between Nov. 24 and 28.

Date rangeAverage cash costAverage mileage cost (Value)
Nov. 24 to 28$1,08657,359 (1.89 cents)
Nov. 25 to 29$90762,182 (1.46 cents)
Dec. 19 to 26$80558,399 (1.38 cents)
Dec. 23, 2020, to Jan. 2, 2021$1,04269,750 (1.49 cents)
Average$96061,923 (1.55 cents)

Should I pay with miles or cash this holiday season?

The average value you’ll get for international flights in our tests is 1.55 cents per mile, while domestic flights average just 0.95 cents per mile.

This means buying international flights with miles is a good deal when considering TPG’s recent valuations of most domestic loyalty programs.

From Dec. 19 to 26, for example, you can fly from New York-JFK to Cancun (CUN) for just 17,400 TrueBlue points, whereas the cash ticket would be $256.

In fact, select flights outside the U.S. were the only situations where you’d get more value using your points and miles than you would compared to our valuations. We’ve highlighted those in the charts below in green, but here’s the list:

  • International flights on Southwest Airlines
  • Flights to Mexico on Delta Air Lines
  • American and Delta to Europe

As a result, you should seriously consider paying cash for most flights this holiday season. Even though prices are steep, the relative value you’d get by using your miles

This is especially true when it comes to booking domestic flights. Consider one flight we found from Dallas/Fort Worth (DFW) to Los Angeles (LAX), departing Dec. 23, 2020 and returning Jan. 2, 2021. You could spend $190 or redeem 21,500 AAdvantage miles. The cash fare is a great deal, and you’d only get a value of 0.89 cents per mile with the award ticket. 

You may also be able to book cheap domestic flights at a better redemption rate through your credit card’s travel portal (such as the Chase Ultimate Rewards Travel Portal or Amex Travel) or find a better deal by transferring credit card points to an airline partner and booking at a lower rate than what’s offered by the airline. 

Of course, prices will vary depending on your travel dates and route.

Related: Making up for lost time: How I’m booking my biggest trip of 2021

Understanding the numbers

In early November, we pulled cash and award prices for nearly 100 popular airline routes: 60 domestic and 35 international, spanning multiple airlines (Alaska Airlines, American, Delta, JetBlue, Southwest and United) across four sets of round-trip travel dates covering Thanksgiving, Christmas and the New Year.

Cash prices were pulled from Google Flights, while award pricing was pulled directly from the carrier using its in-house loyalty program. This means Delta award pricing (for example) is reflective of how many Delta SkyMiles you’d need to redeem for a specific flight.

In all cases, we solely focused on nonstop flights and the cheapest, round-trip economy fare available on each date set for both cash and miles. We pulled both short-haul and transcontinental routes, spanning all of the major U.S. metropolitan regions.

For all charts that follow, note that the value is expressed in cents per point/mile. In addition, for the airline-specific charts, we’ll highlight when the value you’d get is equal to (or higher) than TPG’s most recent valuations.

Related: 8 ways to save money on holiday travel this year

The price of a domestic holiday flight

What it costs to fly to Florida for the holidays

Florida is always a popular holiday destination for Americans. You’ll find the best cash deals when flying Nov. 24 to 28, while the best award ticket deals are available from Dec. 19 to 26. The most expensive time to travel is from Dec. 23 to Jan. 2, 2021.

This information is based on two flights from each carrier, one into Orlando (MCO) and one into either Miami (MIA) or Fort Lauderdale (FLL), originating at one of the airline’s domestic hubs.

Date rangeAverage cash costAverage mileage cost (Value)
Nov. 24 to 28$366.6741,752 (0.88 cents)
Nov. 25 to 29$484.6754,669 (0.89 cents)
Dec. 19 to 26$390.8338,706 (1.01 cents)
Dec. 23, 2020, to Jan. 2, 2021$553.0851,155 (1.08 cents)
Average$448.8146,570 (0.96 cents)

But, which airline should you choose?

Based on the data we pulled, Delta consistently offered the lowest-priced cash tickets (about $287 round-trip). And Southwest offers the best deal on round-trip award tickets, with an average price of 27,897 Rapid Rewards points — giving a value of nearly 1.3 cents per point.

AirlineAverage cash costAverage mileage cost (Value)
Alaska Airlines$846.5075,000 (1.13 cents)
American Airlines$437.6359,875 (0.73 cents)
Delta Air Lines$286.8831,938 (0.9 cents)
JetBlue Airways$383.1134,838 (1.1 cents)
Southwest Airlines$360.2527,897 (1.29 cents)
United Airlines$371.3849,875 (0.74 cents)

That said, it’s worth noting that none of these average values reach our most recent valuations. As a result, despite the high cash prices, it may be best to swipe a credit card for these flights, as your points or miles across all six airlines would likely get you more valuable redemptions on other dates.

Related: 9 must-have apps to survive the holiday travel season

What it costs to fly across the country for the holidays

Nearly all of the major U.S.airlines (excluding Southwest) operate nonstop, transcontinental routes from the New York City area to Los Angeles and San Francisco with upgraded service and premium aircraft — and New York to Los Angeles is by far the most popular of these routes.

Related: American Airlines’ most premier domestic route is finally back

You’ll find the best cash deal when flying between either Nov. 24 to 28 or Nov. 25 to 29 — both dates have an average cost of $329 round-trip. Nov. 24 to 28 is also your best bet for award tickets based on the absolute award prices. However, the value is just slightly higher for flights that depart on Dec. 23 and return on Jan. 2, 2021.

Note that Alaska Airlines is excluded from this section, as it’s not operating flights on this route for a handful of dates this winter.

Date rangeAverage cash costAverage mileage cost (Value)
Nov. 24 to 28$329.0033,500 (0.98 cents)
Nov. 25 to 29$329.0036,275 (0.91 cents)
Dec. 19 to 26$354.5043,000 (0.82 cents)
Dec. 23, 2020, to Jan. 2, 2021$580.2558,625 (0.99 cents)
Average$398.1942,850 (0.93 cents)

When you break out these flights by airline, American Airlines offers the best prices on cash fares and award tickets (about $356 or 30,000 miles on average, with an average value of 1.19 cents per AAdvantage mile). JetBlue is the second best airline for these award tickets, though it charges on average more than 7,000 additional TrueBlue points per round-trip ticket.

AirlineAverage cash costAverage mileage cost (Value)
American Airlines$356.0030,000 (1.19 cents)
Delta Air Lines$480.7566,500 (0.72 cents)
JetBlue Airways$402.2537,025 (1.09 cents)
United Airlines$353.7537,875 (0.93 cents)

Related: Comparing premium transcon flights in the age of coronavirus

Comparing short, medium and long flights

Trying to figure out the best way to book your short, medium and long flights?
Normally, we’d expect short-haul flights during the holidays to skyrocket in price, but there are great cash deals to be had on short flights of 500 miles or fewer this year.

Though the difference between medium- and long-haul domestic flights booked with miles is negligible (think: 34,946 versus 38,006 miles), long-haul flights are really the only domestic flights you’ll want to book with miles. You’ll get a value of 0.97 cents per mile on average for short-haul flights, and an even worse 0.93 cents per mile on medium-haul flights. But you’ll get a decent 1.3 cents per mile on long-haul award tickets during the holidays.

LengthAverage cash costAverage mileage cost
Short (500 miles of fewer one-way)$225.7923,247 (0.97 cents)
Medium (500 to 1,200 miles one-way)$326.5834,946 (0.93 cents)
Long-haul (1,200 miles or more one-way)$493.9638,006 (1.3 cents)

Related: Using Avios for short-haul flights from Oneworld hubs

The price of an international holiday flight

International travel is tricky this year. Most countries are still closed to November 2020 holiday packages, though some popular tourist destinations have reopened for tourism.

Related: Experts weigh in: When will we return to pre-pandemic travel numbers?

What it costs to fly to the Caribbean for the holidays

The Caribbean is the place to travel internationally in 2020. There are a number of countries in the region that have opened their doors to Americans, albeit with restrictions. U.S. airlines have since ramped up service to november 2020 holiday packages of these destinations.

In terms of cash prices, your best bet for a Caribbean trip will be to fly between Nov. 24 to 28, and Dec.19 to 26 is still substantially cheaper than flights booked during the New Year. You’ll pay $610 round-trip, versus $972.

However, those flights that depart Dec. 23 and return Jan. 2, 2021 do offer the best value for your rewards — an average of 1.63 cents per point or mile.

Date rangeAverage cash costAverage mileage cost (Value)
Nov. 24 to 28$60046,958 (1.28 cents)
Nov. 25 to 29$67748,622 (1.39 cents)
Dec. 19 to 26$61054,947 (1.11 cents)
Dec. 23, 2020, to Jan. 2, 2021$97259,708 (1.63 cents)
Average$71852,749 (1.36 cents)

When breaking this out by carrier, you’ll find the best deals with Southwest Airlines, but it also has the most limited route network. This is based on the average mileage and cash cost for two Caribbean routes during the four different dates we considered.

AirlineAverage cash costAverage mileage cost (Value)
American Airlines$60441,938 (1.44 cents)
Delta Air Lines$92382,000 (1.13 cents)
JetBlue Airways$80561,688 (1.3 cents)
Southwest Airlines$47430,583 (1.55 cents)
United Airlines$71452,438 (1.35 cents)

Related: Did the Bahamas reopen too quickly?

What it costs to fly to Mexico for the holidays

If you want to stay close to home but still travel abroad, it’s hard to beat Mexico. The country has reopened many regions to American tourists, and there’s a ton of airlift.

For a trip to Cancun (CUN), book flights between Dec. 19 and 26 (about $611 or 45,775 miles round-trip). It will cost about $200 or 20,000 miles more to fly during Thanksgiving.

Date rangeAverage cash costAverage mileage cost (Value)
Nov. 24 to 28$67658,965 (1.15 cents)
Nov. 25 to 29$81069,108 (1.17 cents)
Dec. 19 to 26$61145,775 (1.33 cents)
Dec. 23, 2020, to Jan. 2, 2021$69451,537 (1.35 cents)
Average$71852,749 (1.36 cents)

You’ll generally find the best mileage deals with Delta, which charges just 42,000 miles on the average round-trip ticket. Based on the cash prices of these flights, you’ll get a value of 1.64 cents per SkyMile — roughly 37% higher than our valuations.

On the other hand, American has the lowest average cash fares — despite being one of the most expensive airlines for award tickets. You’ll also want to stay away from Southwest if you’re looking for an inexpensive cash ticket.

AirlineAverage cash costAverage mileage cost (Value)
American Airlines$58861,875 (0.95 cents)
Delta Air Lines$68842,000 (1.64 cents)
JetBlue Airways$61551,750 (1.19 cents)
Southwest Airlines$93465,664 (1.42 cents)
United Airlines$42751,125 (0.84 cents)

Related: Redeem points at these 9 family-friendly resorts in Cancun

What it costs to fly across the Atlantic for the holidays

While Americans can travel to Europe, it’s quite limited. Right now, for example, travelers have to quarantine upon arrival to Ireland and the U.K. Still, if you’re crossing the pond for the holidays, here’s what it costs to fly from New York City to London-Heathrow (LHR) on American, Delta and United.

Related: TPG inside report: What it was like to visit Croatia during the COVID-19 pandemic

Fly in late December if you’re paying cash — it’s substantially cheaper than traveling during Thanksgiving. With award tickets, you’ll spend the fewest miles by spending New Year’s in Europe. However, the incredibly high prices for flights from Nov. 24 to 28 will give you outsized value for your points and miles

Date rangeAverage cash costAverage mileage cost (Value)
Nov. 24 to 28$2,77768,667 (4.04 cents)
Nov. 25 to 29$90171,667 (1.26 cents)
Dec. 19 to 26$82565,833 (1.25 cents)
Dec. 23, 2020, to Jan. 2, 2021$99862,333 (1.6 cents)
Average$1,10067,125 (1.64 cents)

When comparing the three legacy airlines, both American and Delta offer some significant value for their award tickets — with 2.46 and 2.54 cents of value per mile (respectively). And while United has the most inexpensive cash fares, it offers comparatively poorer value for booking those flights using MileagePlus miles.

AirlineAverage cash costAverage mileage cost
American Airlines$1,29052,500 (2.46 cents)
Delta Air Lines$1,44056,625 (2.54 cents)
United Airlines$1,11792,250 (1.21 cents)

Related: The U.S. could establish a travel corridor with London by the end of the year

Which airline has the best holiday pricing?

There are many factors to consider when choosing an airline to fly with during the 2020 holiday season — one being price.

Using four routes each airline operates — Los Angeles (LAX) to Las Vegas (LAS); Chicago (ORD or MDW) to New York City (LGA or JFK); Boston (BOS) to Miami (MIA or FLL); and one transcontinental flight — it’s clear JetBlue and Southwest offer the most affordable award tickets.

Surprisingly, these are the most expensive airlines to fly if you’re paying cash, even though both price awards tickets based on the cash fare. American, Delta and United price award tickets dynamically using internal figures. (American publishes an award chart, but offers Web Special and AAnytime award tickets that vary in cost.)

You’ll find the cheapest cash flights on American Airlines and United.

AirlineAverage cash costAverage mileage cost (Value)
American Airlines$269.0029,813 (0.9 cents)
Delta Air Lines$295.3839,094 (0.76 cents)
JetBlue Airways$296.8825,388 (1.17 cents)
Southwest Airlines$351.0625,551 (1.37 cents)
United Airlines$279.7532,625 (0.86 cents)

For international flights operated by American, Delta and United, you’ll find the best cash deals on Delta. A round-trip ticket with Delta could save you more than $100, compared to American and United. American has the best mileage rates.

AirlineAverage cash costAverage mileage cost (Value)
American Airlines$1,11453,525 (2.08 cents)
Delta Air Lines$1,00793,150 (1.08 cents)
United Airlines$1,13058,750 (1.92 cents)

Southwest and JetBlue have smaller international networks, mostly in North and Central America and the Caribbean. The pair have relatively similar pricing on these routes, but Southwest wins as the cheapest carrier on average.

AirlineAverage cash costAverage mileage cost
Southwest Airlines$62742,276 (1.48 cents)
JetBlue$67548,808 (1.38 cents)

Related: JetBlue to offer free COVID testing as it looks towards more travel returning in 2021

Bottom line

It’s an unusual year for holiday travel, but flights remain somewhat more expensive during this holiday season despite decreased demand. With that in mind, it helps to have points and miles at your disposal so you can fly without breaking the bank. However, our tests showed that using an airline’s own loyalty program during the holidays doesn’t always give as high of a return or mile as you may want, especially when booking close-in to travel. Sometimes, credit card points that are worth a fixed-cash value are better for booking those types of tickets.

Related: TPG beginner’s guide: Everything you need to know about points, miles, airlines and credit cards

But as always, your results may be different depending on your specific itinerary and travel dates, plus the type of miles you have stashed away.

Feature photo by aapsky/Shutterstock

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Welcome to The Points Guy!

Andrew Kunesh is a Senior Reporter at The Points Guy covering credit cards and loyalty programs. He's been a miles and points fanatic since 2014 and previously wrote for Upgraded Points and Credit Karma. Outside of the travel world, Andrew is a cyclist, craft coffee aficionado and — despite now living in NYC — a Chicagoan at heart.
Источник: https://thepointsguy.com/guide/holiday-travel-2020/

A nation of never-ending beauty


With crystal white sands and sheltered lagoons, the Maldives redefines paradise. For those seeking relaxation, our all-inclusive Maldives holidays help you make the most of some of the world's best beach resorts. Meanwhile, adventure lovers can experience world-class diving, surfing, fishing, kayaking and more. With over 1,000 coral islands to enjoy, there's no shortage of things to see or do on trips to the Maldives.

Maldives

Hotels in the Maldives

Retrieving our hand picked hotels.

Dubai

The Middle East and Indian Ocean lend themselves very well to a multi-destination holiday, a stop over in Dubai en-route to the Maldives is a very popular option. Combine a few days hitting the shops in Dubai City before heading to the idyllic island resorts and white sand beaches of the Maldives.

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Essential information for the Maldives

Local time

+ 5hrs

Currently

Language

Maldives flag

English widely spoken

Currency

Maldivian Rufiya

Official currency of Maldives

Flight information

Flight schedule

Emirates flights (via Dubai) depart 5 times a week from London Heathrow, Gatwick, Manchester, Birmingham, Newcastle and Glasgow. Flights with other airlines also available.

Island transfers

When you’ve touched down, it’s time to transfer to your island paradise — either by speedboat, seaplane or domestic aircraft. Look out for us or someone from your hotel who will take you to your departure point. If the weather isn’t playing ball or there are lots of flight arrivals, you may not be able to leave straight away. If you are flying, you may need to wait up to 3 hours. Seaplanes only operate when it’s daylight (that’s when you get the best views, after all), so you may need to spend a night at an airport hotel.

The best of the Maldives: Discover picture-perfect paradise

An idyllic location, tropical sunshine and breathtaking natural beauty – the Maldives has it all. The nation is made up of 1200 coral islands, with each luxurious resort found on its own private isle. Seclusion, serenity and simplicity are the pillars of life in the Maldives.

Sun, sea and sand lovers are in their element on Maldives beaches. Some of the world’s best beach resorts can be found here, each with its own twist. For the perfect Maldives holiday package, here are just a few options to help you decide:

  • The Atmosphere Kanifushi Maldives is a fabulous spot for both couples and families, with bright white sands and a gorgeous lagoon. Experience fine dining at its best with Atmosphere’s spectacular à la carte offering.
  • Sun Island Resort on Nalaguraidhoo Island is a serene spot of secluded coves. It’s perfect for nature lovers and water babies, with stunning surroundings and plenty of thrilling water sports.
  • Finolhu is a unique, high energy resort in a stunning setting. If you’re looking for a fun holiday, you’ll love the resort's exciting activities, funky beach club, retro pool parties and quirky dining options.

Our range of Maldives packages are tailored to you, so you can make the most out of your island retreat. Now that you’ve sampled what’s on offer, take a look at our Maldives holiday offers.

Источник: https://www.virginholidays.co.uk/destinations/indian-ocean/maldives-holidays

Find Your Perfect Holiday Destination

Discover the world with us on one of our guided group holidays. Select a region of the world you would like to explore and join us on a new adventure. The majority of our holidays include flights, accommodation, transfers, excursions and award-winning English-speaking guides.

Travel across the globe

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SAVE €75pp*on any holiday of 8 nights or more. Use promo code:VP-BF75

SAVE €50pp*on any 7 night holiday. Use promo code:VP-BF50

Available on departures from January 1st to April 30th, 2022.


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Tenerife Coast & Country november 2020 holiday packages

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What To Expect On A Guided Group Holiday

From the markets of Marrakech to the temples of India, we explore more. Whether you’re looking for a quick trip to sunny Spain or a once-in-a-lifetime adventure to Brazil, we have a variety of destinations to suit your every need. In Europe, we offer trips to traditional favourites like Italy, France and Germany and have trips to up and coming destinations like Iceland and Croatia. If you’re looking to explore Africa or the Middle East, we have trips to Morocco, South Africa, Egypt and Jordan. Further afield, we have a variety of trips through Asia, Oceania, and North and South America. Stroll through the water gardens and temples of Japan, enjoy the classic American road trip on a holiday to the United States, or take a helicopter ride over the Great Barrier Reef in Australia.



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Offer valid for any new bookings made between 13th November - 29th November 2021 only. Offer is €75pp off any holiday of 8 nights or more, €50pp off any holiday of 7 nights departing January to 30th April 2022. Offer can be redeemed on bookings made by phone or online or in our travel store on Level 2 in Arnott using the specific promotional codes detailed above. Offer cannot be used in conjunction with any other offer, has no cash value and is non-transferable.

Booking terms and conditions apply.

Источник: https://www.traveldepartment.com/

We know that travel is especially difficult right now. But alongside the latest COVID-19 travel advice and updates, we want to continue to inspire you with new travel content so that when the world opens its doors again, you'll be ready.

Here’s our comprehensive guide to the warmest November holiday destinations, featuring top city break ideas, the coolest events and the best beaches for early winter sun. Plus, holiday planning tips, where to stay and when to book your flights to find the best deal.

Best November holiday destinations for city breaks

Explore sun-soaked cities and get some early Christmas shopping done, with our pick of the best November holiday destinations for city breaks.

1. Dubai

Dubai's one of the sunniest November holiday destinations

Average temperature: 31°C

One of the sunniest November holiday destinations, Dubai is hot hot hot at this time of year, so if anything you’ll want to keep cool in the air-conditioned bliss of the world’s tallest building, Burj Khalifa (observation deck tickets from AED 241, open daily from 8.30am). At 829.8 metres high, it’s almost 200 metres taller than its highest competitor, the Shanghai Tower. Keep your ears open in the lifts: the music was written especially for the building, with beats building to a crescendo as you near the top.

Dubai is a city of two worlds: take a traditional dhow boat across Dubai Creek to browse the traditional spice and gold souks for a different experience than the glitzy shopping malls. Check out our guide to the top ten things to do in Dubai for more ideas – which includes skiing, believe it or not.

Where to stay

Dubai Marina might be chock-full of extravagant 5-star hotels with 5-star tariffs (Atlantis The Palm, anyone?), but more affordable rooms are available too. Marco Polo Hotel offers straightforward, friendly accommodation with free beach transfers from £21 a night*.

Best time to book flights to Dubai:23 weeks before departure, saving 5% on average flight prices from the UK to Dubai.

Find cheap flights to Dubai

2. Marrakesh, Morocco

Marrakesh is one of the most cultural November holiday destinations

Average temperature: 22°C

Marrakesh is a little cooler than Dubai, but it’s one of the warmest November holiday destinations within a short-haul flight radius of the UK. After exploring the city’s bustling souks, take a day trip to Essaouira (pronounced ‘essa-weera’) on the coast, which is around two and a half hours’ west of Marrakesh.

This fortified fishing town is as relaxing as Marrakesh is chaotic, making for a refreshing change of pace. After wandering along the city walls, make sure to stop for a well-earned ice cream at the wonderful Gelateria Dolce Freddo on the main square.

Take a peek at our guide to Marrakesh too, featuring everything from medieval mosques to mint tea.

Where to stay

Stretch your holiday spending budget with an affordable stay at Fashion Hotel from £39 a night – it has a huge pool on the roof and a great location for onward travel by train or bus. Alternatively, go a little more local and stay at one of Marrakesh’s many riads like Riad 72 – a luxury version of the traditional Moroccan townhouse arranged around a courtyard.

Best time to book flights to Marrakesh:10 weeks before departure, saving 13% on average flight prices from the UK to Marrakesh.

Find cheap flights to Marrakech

3. Istanbul, Turkey

Istanbul is one of the most mesmerising November holiday destinations for shopping and culture

Average temperature: 15°C

November in Istanbul is warmer than the southern UK and its mesmerising souks promise to banish the winter blues. The Hagia Sophia is one of the world’s most fascinating and impressive buildings and has a long and twisting history, which continues today.

It was built in 537 as an Orthodox Christian church at the behest of Emperor Justinian I. The massive 31-metre brick-and-mortar dome was a marvel at the time of construction, although it collapsed a few times before they got the design right. In 1453, the Ottoman invasion saw the church converted into a mosque, with the addition of the four minarets that remain today. The building was a museum from 1934 until July 2020, when it was converted back into a mosque among much controversy. Like other mosques in Turkey, it’s open to non-Muslim visitors and tourists.

Where to stay

Centrally located Hotel Black Tulip is a good-value pick if you want to beat the queues at Hagia Sophia, just a few streets away. Nearby Rose Garden Suites has lovely Art Deco rooms and grounds to match, from £39 a night.

Find cheap flights to Istanbul

Best time to book flights to Istanbul:5-8 weeks before departure, saving 7% on average flight prices from the UK to Istanbul.

4. Yangon, Myanmar

It doesn't get much more culturally fascinating than Myanmar's capital Yangon for November holiday destinations

Average temperature: 32°C

In November Southeast Asia’s rainy season is tailing off, and temperatures are hot without being scorching, ensuring its popularity among hot November holiday destinations. Yangon (formerly Rangoon) in Myanmar (formerly Burma) is one of the world’s most fascinating cities. In the past few years the military regime has relaxed travel restrictions, meaning that more and more people are starting to take in the unique sights – such as the distinctive gold spire of Shwedagon Pagoda.

Take a walking tour of the frenetic streets and you’ll find crumbling colonial buildings, a shrine to the last Indian Mughal Emperor, and street food to rival Bangkok in both flavour and value.

Note that while the majority of Myanmar is very safe, the FCO advises against travel to certain regions, such as the westerly Rakhine State.

Where to stay

You’ll rarely find a warmer welcome than at Shannkalay Hostel, a simple but comfy hostel from just £8 per night, including breakfast.

Best time to book flights to Yangon:20 weeks before departure, saving 5% on average flight prices from the UK to Yangon.

Find cheap flights to Yangon

5. Cinque Terre, Italy

Manarola, in Cinque Terre, is one of the most rustic and quiet November hoilday destinations

Average temperature: 15°C

Daniel James from DanFlyingSolo gives us the lowdown on why this is one of the best November holiday destinations:

Where would you go in Cinque Terre?

“The five towns which make up this rugged region of northern Italy are all worth your time to explore. Hiking between the villages or taking a train are both possible and you should be sure to visit all five: Monterosso, Vernazza, Corniglia, Manarola, and Riomaggiore (if you have extra time also head along the coast to the beautiful fishing village of Camogli).”

Why should anyone else go there?

“If you love colourful houses, rustic charm, the smell of Italian treats wafting out of doorways and to experience a truly slower pace of life then Cinque Terre november 2020 holiday packages for you. Combining great food, nature, the ocean, and a million photography opportunities into a weekend.”

What makes it one of the best holiday destinations in November, in particular?

“Cinque Terre gets so busy in the summer months that they are starting to limit the number of visitors. During the off-season, however, it is relatively crowd-free. Although the temperatures are not as consistent in the winter (highs of around 15°C), as long as you have some sunshine you are all set.”

Where would you stay?

“Vernazza is one of the central towns and the perfect place to rent a guest house or apartment. With early morning bakeries for fresh pastries, and relaxing bars on the square around the water, the magic comes alive once the day-trippers have left.”

Which attractions would you visit?

“Taking a hike between any of the five villages promises breathtaking views as well as the chance to see the natural beauty of the water and greenery from a higher vantage point. These colourful houses and small streets are all the attraction you need.”

Any recommendations for bars, restaurants or cafes?

“After catching your sunset photos of Manarola (pictured) head to one of the quaint wine and snack bars that overlook the water. Grab a glass of local wine and watch the sun slowly set on the horizon before heading into whichever restaurant lures your senses.”

Find cheap flights to Pisa

Best November holiday destinations for beaches

Wondering where to go in November for a seaside and sunshine fix? Wonder no more…

6. Mauritius

Sunny November holiday destinations don't get much more blissful than Mauritius

Average temperature: 29°C

Things are warming up nicely in Mauritius at this time of year. This beautiful volcanic island off the coast of East Africa is at its coolest in August, but the mercury starts to climb back up in November. The rainy season is still at least a month away, and the average sea temperature is a balmy 25 degrees. Make the most of it at Trou aux Biches, which is blessed with shallow waters that make it the perfect spot for snorkelling. There are plenty of wrecks and coral reefs to explore, too.

Check out more totally tropical winter sun destinations.

Where to stay

Mon Choisy Beach Resort is cheaper than most Trou aux Biches hotels, and has a dreamy infinity pool as well as studios with kitchenettes so you can make your own meals (rooms from £56 a night).

Best time to book flights to Mauritius: 3 weeks before departure, saving 6% on average flight prices from the UK to Mauritius.

Find cheap flights to Mauritius

7. Gran Canaria, Canary Islands, Spain

Maspalomas, Gran Canaria, boasts huge sand dunes stretching towards the sea

Average temperature: 21°C

Gran Canaria is a perfect November holiday destination, with temperatures cooling off from the summer, and accommodation much, much cheaper than in the summer peak season.

Beach-wise, Maspalomas can’t be beaten. Huge sand dunes covering 400 hectares drift down towards the sea, where a massive sandy shore spreads out seemingly forever. 

From camel trekking to rum tasting, there’s never a dull moment when you try our top things to do in Gran Canaria.

Where to stay

Bungalows Cordial Green Golf is a good option for families, with a kids club, separate pools and fully-fitted self-catering bungalows from £120 a night. LGBTQ+ couples will find plenty of friendly accommodation options, including Playa del Ingles’ 4-star Birdcage Resort.

Best time to book flights to Gran Canaria: 1-3 or 7 weeks before departure, saving 10% on average flight prices from the UK to Gran Canaria.

Find cheap flights to Gran Canaria

8. Bali, Indonesia

You'll need parasols on a beach holiday to Bali in November

Average temperature: 31°C

If you’re wondering where to go on holiday in November, how about the tropical island of Bali? The weather here is warm all year round, but the peak rainfall occurs between December and March, so visit in November before the heavens open.

Kuta Beach is the most famous on the island but also the most touristy – for a bit of peace and quiet, head to the north coast of the island to the fishing village of Pemuteran. With its black-sand beach, excellent snorkelling and low-key setting, it’s the perfect antidote to the brashness of Kuta.

Where to stay

For a typically laidback Balinese stay, try Sunia Loka Bungalow Bali. It’s just a short scooter ride from Pemuteran, with typical grass-roofed huts and fragrant flower gardens. Bungalows start from £23 per night.

Best time to book flights to Bali: 13 weeks before departure, saving 5% on average flight prices from the UK to Bali.

Find cheap flights to Bali

November holiday destinations FAQs

Is going on holiday in November cheap?

Outside of school holidays and in advance of the Christmas season, November is a great time to bag a bargain holiday. Use the Skyscanner ‘search everywhere’ tool to seek the lowest prices.  

Where’s the best weather in November?

While northern Europe is starting to feel the chill, November boasts some of the best weather in other parts of the world. The monsoon period in India and across east Asia has just come to an end, the rainy season in east Africa is over, and the worst of hurricane season in the USA and elsewhere in the Atlantic is over.

Why is November a good time for a holiday?

Pick a sunny November destination and the odds can be hugely in your favour. With no school holidays going on, beaches, planes and holidays should be quieter – and cheaper – than in peak times. And as it’s just before Christmas, you’re more likely to get discounts in advance of the December rush.  

What are the hottest November holiday destinations?

According to the Met Office, some of the hottest places to visit in November are Bangkok (33.1°C), Singapore (31.1°C), Dominican Republic (30.5°C) and Barbados (30.3°C).

Find more ideas for a winter getaway here:

Weather data provided by Weather2Travel.

*Prices accurate as of August 2020. We listed the lowest estimated prices at the time of publication, which are subject to change and/or availability, especially during the coronavirus pandemic.

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Источник: https://www.skyscanner.net/news/november-holiday-destinations

LIVE MARKETS Some travel stocks back to November 2020 lows

Nov 26 - Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at [email protected]

SOME TRAVEL STOCKS BACK TO NOVEMBER 2020 LOWS (0908 GMT)

The new virus variant sends jitters across financial markets, driving European stocks down, with pandemic sensitive stocks leading losses.

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The Stoxx 600 index (.STOXX) is down 2.9%, with travel and leisure stock index (.SXTP) falling 4.6% to its September low.

Some stocks in travel companies, such as British Airways owner IAG (ICAG.L), Lufthansa (LHAG.DE), Tuihit lows close to levels not seen since November 9 2020, when the vaccine breakthrough was announced.

The oil and gas stock index (.SXEP) is down 4.7% as crude prices plunged amid concerns about the pandemic and oil surplus.

Banks are badly hit as bond yields are falling while markets pare back expectations for the pace of potential rate hikes in the United States. The bank Stoxx index (.SX7P) is down 4.9%.

Analysts from Raymond James wonder if this may yet prove to be yet another "Covid scare", but they also recall that UK and Israeli authorities are taking the news seriously enough to ban flights from the region, effective from today.

They add risk assets were already jittery in response to rising inflationary pressures and some hawkish commentary from central banks.

(Stefano Rebaudo)

****

IT'S LOOKING LIKE A BLACK FRIDAY (0833 GMT)

COVID-19, a worry that investors had pushed down their list of top concerns in recent months, has soared back up to the number one spot as a new variant spreads across South Africa.

Asia stocks outside Japan slid over 2%, Europe and U.S. stock futures are down sharply, oil prices drops almost 3.5%, the safe-haven yen is up around three-quarters of a percent, and U.S. Treasury yields are down almost 10 basis points.

Thin liquidity following Thursday's U.S. Thanksgiving Day holiday likely exacerbates price moves for sure, but there's little doubt overnight headlines have taken markets by surprise on Friday.

Little is known of the variant, detected in South Africa, Botswana and Hong Kong, but scientists reckon it has an unusual combination of mutations and may be able to evade immune responses or make it more transmissible. read more

The news comes as Europe already battles a resurgent COVID-19 outbreak, triggering fresh restrictions that raise uncertainty over the near-term economic outlook.

That poses a fresh challenge for central banks such as the European Central Bank, which has just started to acknowledge that a push in inflation is lasting longer than anticipated.

And on top of the latest COVID headlines, there are other reasons for unease, some warn -- the general lift up in Fed rate hike expectations, Ukraine/Russia tensions that has broader geopolitical ramifications and a property-led slowdown in China.

In emerging markets, the spotlight passes from Turkey to South Africa for now as the rand breaches the 16.00 level to the dollar for the first time this year.

Key developments that should provide more direction to markets on Friday:

- ECB speakers: ECB President Christine Lagarde

- BOE chief economist Huw Pill speaks

- Q4 Canadian Survey on Business Conditions

- Japan PM Kishida urges companies to raise wages by 3% or more read more

- China Evergrande soccer stadium taken over by government -source read more

- China asks Didi to delist from U.S. on data security fears - Bloomberg News read more

(Dhara Ranasinghe)

*****

A NEW VIRUS VARIANT HITS EUROPEAN STOCKS (0721 GMT)

European stocks are set to open sharply lower as a rush to safety and a massive drop in risk assets spread across the globe on more virus concerns. Stock futures predict a more than 2% drop at opening trades. read more

South African scientists have detected a COVID-19 variant with a "very unusual constellation" of mutations, which could help it evade the body's immune response and make vaccines less effective. read more

U.S. Treasury yields drop 9 basis points, and Fed funds futures rallied as markets pare back expectations for the pace of potential rate hikes in the United States.

Meanwhile Brent crude futures fall below $80 a barrel, amid concerns about the pandemic and oil surplus.

(Stefano Rebaudo)

*****

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Our Standards: The Thomson Reuters Trust Principles.

Источник: https://www.reuters.com/markets/stocks/live-markets-some-travel-stocks-back-november-2020-lows-2021-11-26/

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