The £2-a-night holiday: OCR case study revision

As Monday’s case study is all about tourism, this article is perfect for revision as it shows factors that affect demand for foreign holidays. Travel firms are being forced to slash the price of their on peak holidays due to a weak pound coupled with MET office predictions of a hot UK summer. Click read more for a GCSE style question to go with the article.

With the help of a supply and demand diagram, explain one factor from the article that could affect the price and quantity demanded of foreign holidays. (4 marks)