Can a tour operator raise the price of my package holiday?
Only if the contract allows it and only because of fuel costs, taxes or fees, or exchange rates, notified at least 20 days before departure. If the increase exceeds 8 % of the total price, you may cancel without paying a termination fee.
If costs fall, the contract must also give you the right to a price reduction.
Directive (EU) 2015/2302 (Package Travel Directive), Article 10, Article 11 · European Commission and the national consumer authorities
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