Package Trips or Independent Travel - which is cheapest?

Budget travelers often ask whether it is better to book each part of your trip independently, with separate airline and hotel reservations, or choose a package vacation which covers all the basics for a set price. The answer is not simple, as the advantage of each travel options depends on where you travel to, and the season or time of year. If you are traveling on vacation to the main European cities it is generally cheaper to book yourself, particularly in low season..