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Can a tour operator change the price of the holiday after booking?

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Can a tour operator change the price of the holiday after booking?

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The price can only be changed where the original contract provided for upward and downward revisions and where it stated how these revised prices would be calculated. These changes can only be made to allow for variations in transportation costs, taxes and fees for services such as airport taxes, and exchange rates. Where the price increase is less than 2% of the original cost, the travel organiser must absorb it, and if it is more than 2%, the organiser must absorb the first 2%. No price increase can be passed on less than 30 days prior to departure.

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