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Lates market fracturing as unrealistic budgets and expectations clash with higher holiday prices

News
Ed Robertson
4 August 2025

As travel heads into August, how is the hotly anticipated lates market shaping up? And what challenges are agents facing amid ongoing economic uncertainty? Ed Robertson explores the landscape.

Some agents saw their family business slow during July (Credit: iStock / AleksanderNakic)

The lates market is fracturing as value-conscious consumers with unrealistic budgets and expectations clash with higher holiday prices, agents have told TTG.

Gillian Polyhos, co-owner of Olive Lounge Travel in Yorkshire, said her staff have been busy fielding enquiries for a "great" summer lates market, with prices up £158pp per booking.


However, Polyhos confirmed her team have had to work hard to talk round clients unwilling to accept the kind of bargains that were common pre-Covid just aren’t as readily available, despite discounting. "There’s still a myth around last-minute holidays that prices are always good," she said. "That is not the case."