I hope someone can give me some advice on this...
Booked a holiday to Majorca with monarchholidays.co.uk back in Dec 09. We are going to the Marina Portals in Portal Nous for 1 week dep 26th Aug ex Manchester. I booked early believing we would get a great price. BIG MISTAKE!
The price was £1290 for 2xadults and 1 child (3yrs). I paid £150 deposit so still owe £1140 (due 8 weeks before we fly). However, they are now selling this holiday for £1040. This is with no discount, so special promotion etc (it even says discount included £0 when you cost it).
So, even after paying £150 I still owe more than the selling price of the holiday now. I rang Monarch to ask about their price guarantee, but they basically said "hard luck, prices change". They even agreed that we would be better off cancelling, loosing our £150 deposit and rebooking the exact same holiday again, which is just madness.
I accept prices can go down, but by 17% when its still so far away?! Its not even like its a last minute bargain. I booked early to secure this holiday, gave Monarch £150 of my money and I now wish i hadn't bothered!
Has anyone had a similar problem or thoughts on how I can tackle this? I would like a better price for Monarch of I think I will take their advice and cancel it. I just wont be re-booking with them!