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Brits Go Back to the ’70s as Brexit Revives the Package Holiday

  • Jet2 numbers show surge in bookings for all-inclusive breaks
  • Pound’s slump has made do-it-yourself trips more costly
holidaymakers in Benidorm, Spain.
Photographer: Matthew Lloyd/Bloomberg

Sterling’s slide following the U.K. vote to quit the European Union is reviving demand for package holidays as Britons seek to avoid the uncertainty of paying in euros for accommodation, airport transfers and meals.

Demand for all-inclusive trips, which waned with the emergence of low-cost airlines in the 1990s, is increasing as the pound’s 15 percent slump against the euro this year encourages people to fix the price of their break before leaving home, figures released Thursday by British leisure carrier Jet.2 suggest.