This website uses cookies to ensure you have the best experience. Learn more

Price Of Family Holiday Over 10 Years

1117 words - 5 pages

Introduction:
My survey and results are to show whether the average family holiday has risen over the past 10 years and to try and recover and answer as to why in my hypothesis I have taken an educated guess to answer this and in my analysis of the graph I will be able to answer this question if I have chosen the correct questions to show the answer I want.

Hypothesis:
I think that my survey and results will show an evident increase in price because of the currency and country inflation and fuel especially oil.

Analysis:
Looking at my graph I can see it shows my hypothesis is correct as it evidently shows an increase in the price (great British pound). The average price of a family holiday 10 years ago was around the £1000 mark where as in the summer of 2013 paying £14,250 is considered an acceptable price to pay for a holiday averaging at 2-3 weeks. Although you can get holidays for £1000 today the quality of what you receive and where you can go with that amount of money has changed. If you had a budget of £1000 10 years ago you could have stayed at a 4 to possible 5 star hotel inc flights where as today £1000 budget is hard to find a holiday for a family of 4 for 14 nights with flights during school holidays for under £1,000 the closest I was able to find was for 2 adults, 2 children, 14 nights, school holidays, 3 star, flights included (ecomany class) in benidorm and the total cost is £3006 with half board therefore there is still more money to be spent. And if the country is in inflation it means the price of everything has increased such as hotels, transport, restaurants and souvenir these are items that most tourists most commonly purchase the inflation is reflected in the price the tourist pays as the shop keeper for instance still has to make a profit otherwise he will go out of business like many business have done due to inflation. Inflation is also a problem if the country a tourist is flying from currency is less than the country they are flying to just like the dollar was considerably less and is still recovering but it was less than the euro and the great British pound this means a tourist flying from the USA to the UK and booked their holiday in the dollar would notice the currency change because they would get less for their money as everything would seem more expensive. And a country with a weak currency and inflation stands no chance against the rising fuel price especially oil as this is used during air travel which is the most common way to travel to reach the destination, however a airline based in a country with a week currency and inflation could purchase the oil at the start of the season along with other airlines but if there was a sudden rise in demand of oil it would become more valuable and more expensive therefore other airlines would rise there price per seat to make a profit and the airline who bought their oil at the start of the season could rise their cost to make even more profit.

Inflation also...

Find Another Essay On Price of family holiday over 10 years

The Evolution of the American Family Values over the Years since the 50s and how it affects the up Bringing of a Child

1071 words - 4 pages wage jobs, Education is no longer a priority for most teenagers. Illiteracy leads to feuds and conflicts which eventually dissolves the family infrastructure.As the years went by women became career centric and focused most of their energy pursuing career opportunities, the children received less and less attention. Mothers were soon replaced with nannies or daycares, which eventually creates a gap between them. As the children grow older they

To what extent has music piracy affected the music industry market in the United States over the last 10 years

1409 words - 6 pages Music piracy is a developing problem that it affects the music industry in many different ways including being responsible for the unemployment of 750,000 workers, as well as a loss of $2,5 billion; therefore, I want to explore ‘To what extent has music piracy affected the music industry market in the United States over the last 10 years?’ To discover what is the real effect of music piracy I will first look at how the industry works and the

What leadership challenges will organisations face over the next 10 years and what steps can they take to address them?

1413 words - 6 pages consumer and environmental resource concerns put forth a complex mix of challenges that managers must face to be successful. Further, in the aftermath of some recent financial events ethics are going to play a bigger role and leaders throughout the world will be tested by the choices they make. Efforts have been made from time to time to identify the leadership challenges organizations are expected to face over the next 10 years and the steps

To what extent has DNA technology helped our understanding of human colonisation and the spread of agriculture in Europe over the past 10 000 years? How is this supported by language evidence?

1741 words - 7 pages Although the focus of this essay is to discuss how DNA technology helped our understanding of human colonisation and the spread of agriculture in Europe over the past 10 000 years, it will first look at the recent African origin theory as it is relevant to show how modern humans arrived in Europe in the first place. As later discussed it will also have a bearing on the development of agriculture.The two main hypotheses agree that Homo erectus

The Change of Baseball Over the Years

3853 words - 15 pages The Change of Baseball Over the Years Missing Works Cited From the sandlot to stadiums seating over fifty thousand people, the game of baseball has provided people of all ages with a common foundation; a sport we can all call our national pastime. Though its concept sounds simple, a game using a ball and a bat, millions of people all over the world have sought involvement in it by either playing at some level, or just sitting back and

The Import of China for Recent 10 Years

2413 words - 10 pages essay, in order to illustrate and interpret the reason of above scenario, the export tend analysis in recent 10 years is necessary, and also needs to consider its relevant aspects which will effect the export value, such as GDP of decade, current account surplus, exchange rate and the economic patterns of China. Finally, Looking forward to analyze the China's export behavior in this essay, conclude the advantages for Chinese economy from its

The Evolution of Cyber Attacks over the Past Years

2064 words - 8 pages and become ubiquitous, and the use of technology for criminal activity is unique because the Internet and the digital world do not have borders. (Rogers, 2001) The authors discuss the evolution of cybercrime over the past 20 years, as initially focusing on physical destruction to for-profit activities including information theft. In the 1990s, attacks evolved from computer or equipment destruction to hackers wanting notoriety and visibility for

Social Networking over the Past Couple of Years

810 words - 4 pages Social networking over the past couple of years has basically gone viral. There are many social networking sites available to the public including Facebook, MySpace, Twitter and LinkedIn. Facebook is the second largest social networking site on the web and Twitter is gaining on it and threatens to become the number one social networking site. Facebook and Twitter are two social networking sites that seem to have a lot of similarities. The

10 Years Beyond: The Role of Biomedical Computing in Future Health Care

1097 words - 5 pages 10 Years Beyond: The Role of Biomedical Computing in Future Health Care If one were asked to predict the future of medicine a decade ago, I am certain only the most optimistic of people may have gotten a few predictions right. The future of health care which is based of countless variables is difficult to predict but one thing is for certain that computation will one of the most crucial aspects of its progress. Be it diagnosis or treatment

Analysis of “Behavior Predictors of Language Development over Two Years in Children with Autism Spectrum Disorders”

1512 words - 6 pages The scientific study, “Behavior Predictors of Language Development over Two Years in Children with Autism Spectrum Disorders,” conducted by Karen D. Bopp, Pat Mirenda, and Bruno Zumbo was published in the Journal of Speech, Language, and Hearing Research. This study was conducted in British Columbia, Canada from data retrieved from a database of another study. The goal of this study was to determine if certain types of behaviors often displayed

Examination of Apple Inc.'s Financial Performance over the Last Three Years

2469 words - 10 pages current economic situation while still showing a gradual increase. Stock Price Analysis Over the past five years there has been a large amount of activity in the pricing of Apple’s stock with the current result being an increase of $120.80 per share compared with July of 2004. In this stock price analysis, Apple’s stock is compared to the S&P 500 which provides an industry standard benchmark to view its volatility with the market. The S&P

Similar Essays

Changes In Family Patterns Over The Years

2846 words - 11 pages , and not long after, resulted in further reorganisation of work, and its inevitable separation from home (Poole, 2005). As the period of Industrial Revolution progressed, economic and social structures have also changed significantly. The nuclear family replaced the extended family as the main type of family all over the world. The roles of children and family in society have also shifted in that children were not seen as mere economic assets

Critically Evaluate How Companies Have Responded To Environmental Issues Over He Last 10 Years In At Least Two Of The Following / Areas Of Commercial Activity:

2072 words - 8 pages industry great improvements in efficiency have been made. Exxon for example have improved energy efficiency by 37% between 1973 and 1998, and working towards increasing this by another 15% over the next few years. This may seem a lot but is nothing too impressive, with the UK's industry as a whole improving by 62% from 1970 to 1998 (ENDS report, July 2002)However, Instead of trying to combat the problem themselves, Exxon believed it would be

Computer Crime, Discusses The Proposition That Computer Crime Has Increased Dramatically Over The Last 10 Years

1387 words - 6 pages embezzlements that might occur over long periods of time, or when a computer operator uses a computer to steal or alter valuable information from an employer.Variety and ExtentSince the first cases were reported in 1958, computers have been used for most kinds of crime, including fraud, theft, embezzlement, burglary, sabotage, espionage, murder, and forgery. One study of 1,500 computer crimes established that most of them were committed by trusted

"The Power Of Price". An Analysis Of Chapter 10 In Dan Arielys "Predictably Irrational", Showing Why Our Minds Have A Lot Of Power Over How Effective Our Medicine Is

1251 words - 5 pages "The Power of Price"In Chapter 10 "The Power of Price" Ariely discusses how the price of medications can impact how effective it is. Through many experiments Ariely found that more often than not placebos were just as effective as the real thing. The placebo effect is well known. Placebos can actually trigger endorphins and other reactions in your body to make you feel better; it isn't a myth. The prices of medications also affect their