travelling box price

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Current Prices of Traveling Boxes in Nigeria (2024)

by Chizoba Ikenwa

Traveling boxes are an essential item for any traveler, whether you’re going on a short weekend getaway or a long-haul flight. But with so many different types of traveling boxes available, and prices varying widely, it can be difficult to know where to start.

TABLE OF CONTENTS

Traveling boxes come in a variety of sizes, materials, and styles. Some common types of traveling boxes include suitcases, hard cases, duffles, and backpacks. Traveling boxes can also be made from a variety of materials, such as plastic, aluminum, and fabric.

In this blog post, we will provide you with information on the prices of traveling boxes in Nigeria. We will discuss the various factors that can affect the price of a traveling box, as well as provide a range of prices for different types of traveling boxes. We will also list some popular places to buy traveling boxes in Nigeria.

FACTORS THAT CAN AFFECT TRAVELING BOX PRICES IN NIGERIA

The following factors can affect the price of a traveling box in Nigeria:

• Size: Larger traveling boxes are generally more expensive than smaller traveling boxes. This is because they require more materials to produce and can be more difficult to transport.
• Material: Traveling boxes can be made from a variety of materials, such as plastic, aluminum, and fabric. Plastic traveling boxes are generally the most affordable, while aluminum traveling boxes are the most expensive. Fabric traveling boxes are typically somewhere in between in terms of price.
• Brand: The brand of a traveling box can also affect its price. Well-known brands, such as Samsonite and American Tourister, tend to be more expensive than lesser-known brands.
• Features: Traveling boxes can come with a variety of features, such as built-in wheels, TSA locks, and expandable compartments. Traveling boxes with more features are generally more expensive than traveling boxes with fewer features.
• Demand: If there is high demand for traveling boxes in Nigeria, prices may go higher than expected. This normally happens during festive periods like Christmas, Easter, School holidays etc, when people travel a lot.
• Supply: If there is a limited supply of traveling boxes, prices may also be higher.
• Exchange rate: The exchange rate between the Nigerian naira and other currencies can also affect the price of traveling boxes.

It is important to note that the price of a traveling box is not always an accurate indicator of its quality. It is possible to find high-quality traveling boxes at affordable prices. It is also possible to find expensive traveling boxes that are not very high quality.

When choosing a traveling box, it is important to consider your needs and budget. If you are looking for a durable and reliable traveling box, you may be willing to pay more for a well-known brand or a traveling box with more features. However, if you are on a tight budget, there are still many affordable traveling boxes available that will meet your needs.

LATEST PRICES OF TRAVELING BOXES IN NIGERIA (2024)

The price of a traveling box in Nigeria can vary widely depending on the factors mentioned above. However, here is a general range of prices for different types of traveling boxes in Nigeria:

List of Budget-friendly options:

• Soft suitcases: ₦10,000 – ₦20,000
• Hard suitcases: ₦20,000 – ₦30,000
• Duffles: ₦5,000 – ₦10,000
• Backpacks: ₦3,000 – ₦10,000

More premium options:

• Hard suitcases from well-known brands: ₦50,000 – ₦100,000
• Soft suitcases with premium features, such as built-in wheels and TSA locks: ₦30,000 – ₦50,000
• Duffles with premium features, such as water resistance and multiple compartments: ₦10,000 – ₦20,000
• Backpacks with premium features, such as laptop compartments and ergonomic design: ₦10,000 – ₦20,000

It is important to note that these are just general price ranges. The actual price of a traveling box may vary depending on the specific retailer and the specific features of the traveling box.

WHERE TO BUY THESE TRAVELING BOXES IN NIGERIA

Here are some popular places to buy traveling boxes in Nigeria, both online and offline:

ONLINE STORES

• Jumia: Jumia is a popular online retailer in Nigeria that sells a wide variety of products, including traveling boxes. Jumia offers competitive prices and convenient delivery options.
• Konga: Konga is another popular online retailer in Nigeria that sells traveling boxes. Konga also offers competitive prices and convenient delivery options.
• Amazon: Amazon is a global online retailer that sells a wide variety of products, including traveling boxes. Amazon offers a wide selection of traveling boxes at different price points. However, it is important to note that shipping costs to Nigeria can be high.

OFFLINE STORES

• Supermarkets: Many supermarkets in Nigeria sell traveling boxes. Supermarkets typically have a good selection of traveling boxes at different price points.
• Department stores: Department stores in Nigeria also sell traveling boxes. Department stores typically have a wider selection of traveling boxes than supermarkets, but they may also be more expensive.
• Luggage stores: Luggage stores are dedicated to selling traveling boxes. Luggage stores typically have the widest selection of traveling boxes at different price points.

FACTORS TO CONSIDER BEFORE YOU PURCHASE A TRAVELING BOX

When choosing a place to buy a traveling box, it is important to consider the following factors:

• Price: Prices for traveling boxes can vary widely depending on the retailer. It is important to compare prices from different retailers before making a purchase.
• Selection: The selection of traveling boxes available will also vary depending on the retailer. If you are looking for a specific type of traveling box, it is important to make sure that the retailer you choose has it in stock.
• Convenience: If you are short on time, you may want to consider buying a traveling box online. Online retailers offer convenient delivery options, so you can have your traveling box delivered to your doorstep. However, if you need a traveling box right away, you may need to buy it from an offline retailer.

No matter where you choose to buy a traveling box, it is important to do your research and read reviews before making a purchase. This will help you ensure that you are getting a high-quality traveling box at a good price.

TIPS ON FINDING  THE BEST DEALS

Here are some tips for finding the best deals on traveling boxes in Nigeria:

• Shop around and compare prices from different retailers.
• Look for sales and discounts.
• Consider buying a traveling box online. Online retailers often have lower prices than brick-and-mortar stores.
• Buy a traveling box during the off-season. Traveling boxes are typically more expensive during the peak travel season. Consider buying a used traveling box. There are many used traveling boxes available for sale in good condition.

By following these tips, you can find a high-quality traveling box at a price that you can afford.

The cost of a traveling box in Nigeria can vary significantly depending on several factors such as the type, size, brand, and quality of the box, as well as the location and specific retailer where it is purchased. While a basic, budget-friendly traveling box may be available for as low as ₦15,000, premium and high-end options can cost several times more.

Ultimately, the price of a traveling box is just one aspect to consider when preparing for your journey. It’s crucial to prioritize your specific travel needs, including durability, size, security features, and any additional accessories that may enhance your travel experience. Your choice of traveling box should align with your individual preferences and requirements to ensure a seamless and enjoyable travel experience. It’s recommended to explore various options, compare prices, and make an informed decision that best suits your unique travel plans.

Chizoba Ikenwa

Chizoba is a seasoned Information blogger, content developer and the founder of Nigerian Infopedia. He is a tech enthusiast who loves reading, writing and research

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Traveling Box Specification & Price In Nigeria

You can’t travel with a bag or a box. Traveling boxes are an integral part of our culture. They are often part of the brides’ gifts at traditional wedding ceremonies.

Let’s answer the question, “How much are these travel boxes in Nigeria?” Let’s get started.

Nigerian Traveling Boxes:  What is the Cost?

Nigerians have many options for travel boxes. We are presented with a variety of sizes and sets by each brand. We have done extensive market research for you and compiled a list of the top-selling brands. These are the top brands in our market. Check them out:

Swiss Polo Trolley Travel/Luggage Bag 3 Piece Set – N20,000 – N22,000

• When needed, expands by 2 inches
• The polyester material is of high quality.
• Comfortable
• Superior quality and durability
• Premium quality.
• Brown color
• There are three boxes in this set.

Bumper Trolley Luggage (3 piece set) – N35,000 – N38,000

• There is plenty of storage space.
• You can choose from grey or silver.
• You get value for your money
• High-quality rubber material

5 set luggage boxes – N65,000 – N70,000

• Black color
• Polyester material
• The set includes five boxes.

Swiss Polo Floral Patterned Trolley Luggage Box – N40,000 – N45,000

• Multicolour
• Floral pattern.
• Rubber material

2 set Luggage Box – N29,000 – N31,000

• Stylish design.
• There are two boxes in this set.

Swiss Polo Travelling Bag with 4 Wheels – N54,000-N60,000

• Black is a color
• Durable and economical
• Simple Storage
• High Quality
• Polyester fabric

ABS Trolley Luggage – N33,000 – N36,000

• Silver in color
• You get value for your money.

Swiss Polo Travelling Luggage Box 2-sets – N14,500 – N17,000

• Each box has two wheels
• High quality

Medium Size Swiss Polo Leather Luggage Travelling Case – N10 500 – N12,000

• Leather box

Xisello Travel Bag – 2 Sets – N29,000 – N31,500

• Affordability
• Highest quality bags
• Waterproof material that lasts
• Fashionable
• Material made of cotton
• The set includes two boxes

Swiss Polo 3 sets Of Dark Blue Plastic Luggage Gear with A Kit – From N48,000 to N52,000

• The set includes 3 boxes
• Dark blue color

Swiss Polo Travel Luggage Bag (4-In-1) – N39,000 – N41,000

• The set includes four boxes
• Black color and brown pattern

Swiss Polo 3 sets Of Red Plastic Luggage, N45,000 -N48,000

• Attractive design
• Plastic material
• The set includes three boxes

Trolley Luggage Box (3 Sets) – N29,000 – N32,000

• Choose from silver or grey

Universal Bumper Trolley Box (3 sets) – N26,500 – N28,000

Swiss polo luggage box (5 sets) – n73,000 – n78,000.

• Each box comes with four wheels
• Value for money
• The set includes five boxes

Travel Trolley Luggage Box (6 sets) – N130,000 – N140,000

• Six boxes included in the set
• Glossy leather material

Bomber Travel Luggage Box (3 Sets) – N29,500 – N33,000

Small luggage travelling box – n8,000 – n10,000.

• Leather material
• Elastic expands to make more space

This is all about the Nigerian luggage box prices. We also have shown their specifications. Prices may vary depending on where you live and who the vendor is.

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Nigerian Queries

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Current Prices of Traveling Boxes in Nigeria (2024)

by Oluchi Chukwu · May 21, 2021

Traveling bags or boxes are large cases that is utilized to carry belongings and clothing while traveling. These boxes has become a normal thing used in the mobility of personal belongings while embarking on a journey. In Nigeria, almost everyone who travels use these traveling bags.

With this being the case, the demand for these bags has been on the rise. This has resulted to the query by most people on the how much would it cost to buy a traveling box. If you are here for that reason, then this write-up will highlight the current prices of traveling boxes that are available in the country’s market.

CURRENT TRAVELING BOXES PRICES IN NIGERIA (2024)

From the countless brands of traveling boxes that are available in the Nigerian market, it might be hard to know how much they go for. Typically, the coat is a function of the specification of the bag, because each brand gives a few sizes and sets of the product. Here, we have reviewed the market and come up with the list of the most well known brands of traveling boxes in Nigeria. We will be more specific on their costs in the current market this 2024.

LUGGAGE TRAVELLING BOX (SMALL) COSTS ₦8,000 – ₦10,000

This is a good looking portable travelling bag that you can get. The product is available and as well affordable to buy. Additional features of this product include 2 wheels with an elastic pouch that expands to create space. If you are interested in this single box, you can be assured of the portability it gives.

SWISS POLO LUGGAGE BOX (5 SETS) COSTS ₦73,000 – ₦78,000

This is a traveling box from this top-notch brand – Swiss Polo. You should expect a value for your money from this black color travelling luggage. The box has 4 wheels for each box and 5 boxes in the set. They are affordable and durable to last on the long run.

SWISS POLO TROLLEY TRAVEL/LUGGAGE BAG 3 PIECE SET COSTS ₦20,000 – ₦22,000

This is a comfortable brown color travelling bag which expands by 2 inches, and include three boxes in the set. It is made of high-quality polyester material, to render it durable and superior.

BUMPER TROLLEY LUGGAGE (3 PIECE SET) COSTS ₦35,000 – ₦38,000

The features of this travelling box include 3 boxes in the set; a large storage space; grey or silver in color. Moreover, the product is durable and gives value for money.

5 SET LUGGAGE BOXES COSTS ₦65,000 – ₦70,000

This is a 5 set luggage boxes that is made of polyester material. The bag is black in color, affordable and durable.

SWISS POLO FLORAL PATTERNED TROLLEY LUGGAGE BOX COSTS ₦40,000 – ₦45,000

The few details to note about this travelling box is that it includes a rubber material, which makes it to be durable. It also has a multicolor with floral pattern.

1 LUGGAGE BOX COSTS ₦29,000 – ₦31,000

This luggage box is durable, affordable and has a stylish design. Moreover, it is waterproof and made of polyester material.

SWISS POLO TRAVELLING BAG WITH 4 WHEELS COSTS ₦54,000 – ₦60,000

This travelling bag has the following details: black in color, durable and affordable, easy storage, high quality, and made with polyester fabric.

ABS TROLLEY LUGGAGE COSTS ₦33,000 – ₦36,000

ABS travelling bag is made with rubber material and silver in color. It also has an easy storage, and gives value for money.

SWISS POLO TRAVELLING LUGGAGE BOX 2-SETS COSTS ₦14,500 – ₦17,000

This bag has boxes in the set and two wheels on each box. This makes it to be durable and of high quality.

SWISS POLO LEATHER LUGGAGE TRAVELLING BOX MEDIUM SIZE COSTS ₦10,500 – ₦12,000

The details of this travelling box includes: premium quality, durable and value for money.

XISELLO TRAVEL LUGGAGE BAG 2 SETS COSTS ₦29,000 – ₦31,500

In terms of durability and affordability, this good quality bags has them. It’s supported with the lasting waterproof material and the cotton material.

SWISS POLO 3 SETS OF DARK BLUE PLASTIC LUGGAGE GEAR WITH A KIT COSTS ₦48,000 – ₦52,000

This one has these details: durability, affordability, stylish, and dark blue color.

SWISS POLO TRAVEL LUGGAGE BAG (4-IN-1) COSTS ₦39,000 – ₦41,000

This product is durable and affordable for buy. Adding to that, it is made by cotton material which makes to be stylish.

SWISS POLO 3 SETS OF RED PLASTIC LUGGAGE COSTS ₦45,000 – ₦48,000

This Swiss polo has an attractive design and with a red color. Other features to expect from Swiss Polo 3 Sets Of Red Plastic Luggage is durability, affordability, attractive design, and made with plastic material.

TROLLEY LUGGAGE BOX (3 SETS) COSTS ₦29,000 – ₦32,000

Trolley Luggage Box has 3 boxes in the set. Furthermore, it has a durable, affordable, and an attractive design. The product also have a rubber material and it is colored with mver or grey.

UNIVERSAL BUMPER TROLLEY BOX (3 SETS) COSTS ₦26,500 – ₦28,000

Expect ultimate durability and affordability from this travelling box by Universal Bumper Trolley. This their bag has an attractive design which goes well with the pink color it has. The box is made of rubber material, and it has 3 boxes in the set.

TRAVEL TROLLEY LUGGAGE BOX (6 SETS) COSTS ₦130,000 – ₦140,000

Travel Trolley Luggage Box is a traveling box that is known for it durability and affordability. It has an attractive design that match well with it black color. Moreso, Travel Trolley Luggage Box has 6 boxes in the set and is made up of glossy leather material. You can get this product from stores around the country.

BOMBER TRAVEL LUGGAGE BOX (3 SETS) COSTS ₦29,500 – ₦33,000

This is another good brand of traveling boxes that is exquisite and gives value for purchase. The interesting details of this bag includes that it has 3 boxes in the set, made of high-quality rubber materials, and it attraction design. Bomber Travel Luggage Box (3 Sets) product is as well good on durability, affordability, and it has a nice blue color which catches the eye of many.

So far, we have given a review of the top collection of traveling boxes that are available in the Nigerian market. If you are interested in buying them, their respective prices were as well stated in this write-up.

Oluchi Chukwu

Oluchi is a seasoned Information blogger, content developer and the editor of Nigerian Queries. She is a tech enthusiast who loves reading, writing and research

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Nigerian Price

Echolac luggage price list (june 2024).

Echolac is a very popular brand in this part of the world. This brand is into the production of travel boxes, bags, and accessories. It is very interesting to note that most people regard all travel boxes as Echolac in this part of the world.

Echolac has been on the market for several decades and is still serving us with high-quality products. So how much does an Echolac box or bag cost? Continue reading this post to find out.

Prices of Echolac Luggage in Nigeria

Echolac is a company that is driven to innovate. Because of this drive, it is constantly investing in research and development to evolve its products and create new ones. The aim is to provide its customers with optimal satisfaction. Each box, bag, or travel accessory produced by this company exudes beauty, detail, elegance, precision, and class.

How much do these products cost? We have done some digging on your behalf to find out the Echolac luggage products available and their prices. Check the list below to see what we came up with:

Echolac Cabin Luggage Product Prices

The products in this category are perfect for short trips as hand luggage. There are several advantages of investing in these products. They are elegant, lightweight, and easy to move around. Without further ado, here are some of the suitcases in this category:

• Echolac Celestra Suitcase, Small 55 cm, Black: From N88,000
• Echolac Dynasty Suitcase, Small 55 cm, Black: From N93,000
• Echolac Dynasty Suitcase, Small 55 cm, Ivory White: From N93,000
• Echolac Celestra Suitcase, Small 55 cm, Red: From N88,000
• Echolac Cielo Suitcase, Small 55 cm, Blue: From N64,000
• Echolac Shogun Suitcase, Small 55 cm, Black: From N75,000
• Echolac Cielo Suitcase, Small 55 cm, Black: From N64,200
• Echolac Cielo Suitcase, Small 55 cm, Silver: From N73,500
• Echolac Fusion Suitcase, Small 55 cm, Dark Grey: From N41,000
• Echolac Shogun Suitcase, Small 55 cm, Silver: From N75,000
• Echolac Celestra Suitcase, Small 55 cm, Dark Grey: From N88,000
• Echolac Fusion Suitcase, Small 55 cm, Orange: From N42,000

Echolac Luggage Sets Prices

Luggage sets are made up of several suitcases of the same design and quality. They match each other and you can place them inside each other for storage purposes. Investing in a luggage set is considerably cheaper in the long run. Check the list below to find out the different luggage sets available and their prices:

• Echolac Celestra 3-piece Suitcase Set, Dark Grey: From N245,000
• Echolac Celestra 3-piece Suitcase Set, Red: From N245,000
• Echolac Cielo 3 piece Suitcase Set, Black: From N222,000
• Echolac Fusion 3-piece Suitcase Set, Orange: From N140,000
• Echolac Fusion 3-piece Suitcase Set, Dark Grey: From N140,000
• Echolac Celestra 3-piece Suitcase Set, Black: From N245,000

Echolac Travel Accessories Prices

Echolac doesn’t just deal in luggage, this company manufactures different kinds of travel accessories. Before we go ahead, we should let you know that Echolac produces its travel accessories under a different name. The brand name of its accessories is “Xroads.” These items help to ensure that your trips are comfortable regardless of the length. In this section, we will show you some of the accessories in the Echoloac store and their prices.

• Xroads ErgoFlex, 3-in-1 Travel Pillow, Grey: From N15,800
• Xroads ErgoForm, Ultra-cush Memory Pillow, Grey Melange: From N18,700
• Xroads ErgoForm, Ultra-cush Memory Pillow, Navy Melange: From N18,700
• Xroads Luggage ID-tags, Green (2 pcs): From N5,800
• Xroads Luggage ID-tags, Orange (2 pcs): From N5,800
• Xroads Luggage Strap with Lock, Black: From N10,100
• Xroads Luggage Strap with TSA-Lock, Black: From N14,400
• Xroads Pack Cube, Black: From N18,700
• Xroads ShoeSafe, Packing Pouches for Shoes, Black: From N9,600
• Xroads Sleep Mode, Eye Mask & Ear Plug Kit, Black: From N7,700
• Xroads SoftSafe, Security Neck Pouch & Organizer, Grey: From N8,200
• Xroads SoftSafe, Security Waist Bag & Organizer, Grey: From N8,200
• Xroads TSA-Lock for Luggage, Black: From N8,200
• Xroads Ultralight Foldable Backpack, Black: From N18,700
• Xroads Ultralight Foldable Backpack, Grey: From N18,700
• Xroads Ultralight Foldable Duffel Bag, Grey: From N21,600
• Xroads Ultralight Foldable Tote Bag, Black: From N16,800
• Xroads Ultralight Foldable Tote Bag, Grey/Yellow: From N16,800
• Xroads tech pack, Digital Accessory Pouch, Black: From N11,000
• Xroads washPACK, Compact Personal Care Bag, Black: From N13,500

Note that these prices are subject to change depending on several factors. Some of these factors include location, vendor, government policies, company policies, and market forces.

PRICES LAST UPDATED: SEPTEMBER 5, 2023.

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Hospitality operators in London and South East England were issued the food safety alert for meat supplied by a cutting plant in Swanley, Kent.

"We have alerted Environmental Health, Trading Standards Services and Official Veterinarians to take action to remove meat and meat products manufactured by Block and Cleaver from the market," the FSA said in a statement.

"These products... may not have been produced in accordance with GB food law requirements and therefore may be unsafe."

These products may have incorrect use by dates, are subject to traceability breaches and should not be eaten as they were not prepared in line with food safety and hygiene legislative requirements. 

All of the following products should be withdrawn immediately:

Over the weekend, hundreds of flights from Manchester Airport were cancelled due to a major power cut. 

Passengers flying from Terminals 1 and 2 were told not to go to the airport, while those already inside faced huge delays.

Flights finally started departing this morning, but what are your rights if yours has been cancelled? 

Watch: Travel disruption after Manchester Airport power cut

Here's what you need to know

Your flight is covered by UK law if it departs from a UK airport, arrives at a UK airport on a UK or EU airline, or arrives at an EU airport on a UK airline.

Under UK law, if your flight is cancelled, the airline must either give you a refund or book you on an alternative flight - either with them or a rival airline.

It is up to you whether you still want to travel at that time - or reschedule your holiday for a later date.

If another airline is flying "significantly sooner" than yours is able to offer, you may have the right to be booked onto a rival flight, but this has to be negotiated with the company.

What are the airline's policies?

As well as being covered under UK aviation law, each airline has its own cancellation policy for customers.

EasyJet allows customers to either switch to another flight for free, choose a voucher for the full value of the booking, or request a refund.

Ryanair passengers can either claim a full refund or change to an alternative flight, while TUI passengers with cancelled flights should receive a full refund within 14 days - and you may also be entitled to compensation.

British Airways passengers are offered a full refund, while Wizz Air allows passengers to request a refund or rebook onto the next available flight.

If you have booked through a tour operator or travel agent, they will have their own policies.

What if you've booked a package holiday?

If your flight is cancelled, and you've booked a package holiday, you have the same rights as any other passenger, according to trade association ABTA. 

You also have additional rights regarding the rest of your holiday.

Typically, your travel company will contact you in advance to re-arrange your flights. 

But, if you're at the airport when the flight is cancelled, you should contact your travel company to talk through your options, ABTA said. 

If your flight can't be rearranged and your holiday has to be cancelled, or new arrangements are made that result in a significant change to your holiday, then the travel company must offer an alternative holiday if they can. 

If not, they must offer a refund of the full package price, not just the flight part.

Generally, a change of more than 12 hours on a 14-night holiday is considered a significant change. 

Barclays has announced rate reductions across a number of its mortgage deals, with brokers suggesting more lenders could follow suit in the coming days. 

The high street bank said the new rates will be available from tomorrow. 

Here are some of the deals:

• Two-year fixed deal with 90% LTV and no product fee will go from 5.76% to 5.48%
• Two-year fixed deal with 60% LTV and no product fee will be reduced from 5.13% to 4.88%
• Five-year fixed deal with 90% and a £999 product fee will decrease from 4.90% to 4.85%

Broker and director of R3 Mortgages Riz Malik said borrowers should expect further reductions from other high street lender this week thanks to improving market pricing. 

"Barclays is the first lender of the week to improve selected mortgage products but my suspicion is that it won't be the last," he told Newspage. 

Simon Bridgland, director at Release Freedom, said the deals were "sizzling hot" - and he thinks more lenders will follow this week. 

"Things look set to heat up not just in our skies but in mortgage rates, too. Expect more lower fixed rates to continue to appear in the days ahead," he added. 

Justin Moy, managing director at EHF Mortgages, said the positive move was thanks to Barclays passing on swap rate improvements to customers. 

Edit : A couple of hours after Barclays' move, MPowered Mortgages also announced cuts across its product range.

If you're wondering what swap rates are, you can read our explainer here...

Barcelona will ban holiday apartment rentals by 2028 in a drastic move to tackle soaring housing costs. 

Mayor Jaume Collboni said he will scrap the licences of the 10,101 flats currently approved for short-term rentals, and the properties will go on the market for residents to rent or buy. 

"We are confronting what we believe is Barcelona's largest problem," he said.

The boom in short-term rentals in Spain's most visited city has caused rents to rise by 68% and house prices to increase by 28% in the past 10 years, Mr Collboni added. 

While the move aims to help locals, hotels could also stand to benefit.

The opening of new hotels in the city's most popular areas was banned by a far-left party governing Barcelona between 2015 and 2023, but Mr Collboni has signalled he could relax the restriction. 

The move comes after Madrid announced an immediate ban on new holiday rentals in a bid to tackle over-tourism 

The Spanish capital decided to stop granting holiday rental licences temporarily, with the suspension expected to last until 2025.

Similar restrictions have already been enforced across the Canary Islands, Lisbon and Berlin.

Princess Diana's family home has gone on the market for the first time in 22 years - but interested buyers should note it comes with a £10.95m price tag. 

The four-story property in Mayfair, London, has a reception hall, a drawing room, a library, two bedroom suits with walk-in wardrobes and ensuite bathrooms, and private underground parking. 

If you're worried about the stairs inside such a tall house, don't be -  it also comes with a lift connecting all levels. 

The top floor is a self-contained suite, with a bedroom, sitting room, terrace, dressing room and bathroom. 

There's also two bedrooms on the lower ground floor, accompanied by two bathrooms, another dressing room and a kitchen. 

The house is where Princess Diana was first introduced to the al Fayed family at a lunch party in 1996. 

Her stepmother, Raine Spencer, had encouraged her to get to know the family, including Dodi al Fayed, who she had a brief relationship with until they died in a car crash in Paris in 1997. 

Mrs Spencer was at 24 Farm Street when she was told about Diana's death. 

Since the early 2000s, the house has belonged to the founders of Pyms Gallery in Mayfair, Alan and Mary Hobart. 

But after Mr Hobart's death in 2021 and Mrs Hobart's death earlier this year, it is now being sold on the instructions of their executors. 

"With its aristocratic and royal connections, we anticipate significant interest in this house from discerning buyers around the world. It is a trophy home with an illustrious history," said Danish Arif, head of Mayfair sales at estate agents Chestertons.

By James Sillars , business news reporter  

Let's start the new week by looking at the prospects for oil prices.

They're up by around 14% since 4 June - by 3% since last week alone - and standing at levels last seen in April.

It has left Brent crude at $85 a barrel.

If sustained, this level could prompt small rises at the fuel pumps in the coming weeks. 

The outlook for Brent is currently coloured by a multitude of factors.

In support is the wealth of global hostilities, such as the war in Ukraine and the conflict between Israel and Hamas. 

Worries about demand, particularly in China, are providing some kind of check.

We'll have a clearer idea of the path for oil later this week, with analysts noting that it could go either way.

The FTSE 100 is starting the week on the back foot after a 0.4% decline on Friday.

It is trading at 8,234 - down three points.

Some of the negative sentiment has been linked to continuing worries about a delayed US interest rate cut and the snap parliamentary election in France.

The latest polls give the National Rally party of Marine Le Pen a clear lead ahead of the first round of voting on Sunday.

Upwards pressure on the FTSE is coming from consumer-facing stocks amid evidence that spending is picking up after a spring dominated by foul weather.

Typical first-time buyers are paying around £400 more per month for their mortgage than five years ago, Rightmove has found. 

The average mortgage payment for those who have just stepped on the property ladder has risen by 61% since 2019, from £667 to £1,075 per month. 

The property website calculated the monthly amount based on first-time buyers having a 20% deposit, a 25-year mortgage term and five-year fixed deal at an average rate, which by its calculation is currently about 5.04%.

Asking prices for a typical first home, with two bedrooms or fewer, has also increased to £227,757 - 19% more than 2019. 

The North West had seen the biggest jump at 33% since 2019, while London has seen the smallest percentage rise of just 6%, Rightmove found. 

"As rates have increased over the last five years, the amount that a typical first-time buyer is paying each month on a mortgage has outstripped the pace of earning growth," said Tim Bannister, Rightmove's property expert. 

"Some first-time buyers are looking at extending their mortgage terms to 30 or 35 years to lower monthly payments, or looking at cheaper homes for sale so that they need to borrow less." 

Our Money team reporter Katie Williams  explored this issue last week. You can read her piece below...

Amazon is planning a major revamp of its loss-making Alexa - but the new tech could come with a monthly fee. 

Dubbed "Remarkable Alexa", according to insider sources, the updated device would use conversational artificial intelligence technology.

The tech upgrade would mean the speaker could order you a takeaway from Uber Eats, write an email and perform other more complex tasks. 

It could also eliminate the need to repeatedly say "Alexa" during a conversation, offering more personalisation, the sources told Reuters. 

But a more powerful Alexa could mean people will have to pay a $5 (£3) monthly fee to access it. 

The sources said there was currently no plan to introduce the service as part of the Prime membership, which customers already have to pay for. 

Amazon's chief executive, Andy Jassy, has taken a personal interest in seeing Alexa revamped, promising a more "intelligent and capable" device to shareholders back in April. 

An update may also be critical for Amazon to keep up with rivals such as Google, Microsoft and OpenAI, which have all seen a positive reaction from their recently released AI chatbots. 

However, the sources cautioned the plans for Alexa, including price and release date, could be altered or cancelled altogether.

That wouldn't be unusual. Amazon has been plagued by false starts in developing AI. 

The company had reportedly been working on several devices last year, such as Alexa-enabled home energy consumption trackers and a carbon monoxide detector, which still haven't come to market.

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