Steve Heapy, chief executive of Jet2.com and Jet2holidays, has urged agents to book 2023 holidays as soon as possible, as he warned prices are likely to rise.
Speaking on a Travel Weekly webcast, Heapy vowed anyone who books a holiday with Jet2 will remain locked in at the price they see, as the company will not imposes surcharges on holidays that have already been sold.
But he warned other companies may not do the same, as inflation could push costs up and cause “significant price increases” for some time.
He said: “The inflationary increases that are coming through are quite worrying and I think we could see quite significant price increases for some time.
“I would urge customers to book early because with Jet2holidays the price you see is the price you pay, there will be no surcharges. Lock the price in now and you won’t pay more.
“We may have to put the prices up if our input costs go up, but we will only do that on holidays we haven’t sold. Now is a great time to urge customers to think about summer 2023 and lock in the prices. I would urge people to book before availability starts drying up.”
Heapy recommended agents push all-inclusive holidays to avoid “taking a chance” on exchange rates.
He continued: “Book all-inclusive – it’s all done for you. Don’t take a chance on interest rates and exchange rates, and don’t take a change on inflation and price rises.”
More: Industry leaders blast government criticism over half-term delays