Sterling made year-on-year gains against 90 per cent of the best-selling currencies, meaning the pound will stretch further in many destinations
has seen a 1.2 per cent drop in prices in the past 12 months compared with a 9.3 per cent rise in the cost of typical holiday items in Costa del Sol,
The Algarve, the most popular Portuguese destination among UK travellers, was also cheaper than Marmaris in Turkey and Sunny Beach, Bulgaria, which are usually the most cost-effective short-haul options in the annual barometer. Sunny Beach, Bulgaria, meanwhile, which has long been the continent’s bargain resort, has seen prices rise by 6.4 per cent.Half of the people who planned to travel abroad said they would need to use savings to fund their trip, according to separate consumer research from Post Office partner First Rate Exchange Services.
Further afield, Hoi An in Vietnam was named the best-value destination overall with the total cost of eight tourist items coming to £51.18. Sales of the Vietnamese dong also rose 62 per cent year-on-year.The Egyptian pound is the fastest growing for currency sales with a year-on-year growth of 656 per cent.
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Europe’s best value region with prices a third cheaper than Costa del SolSterling made year-on-year gains against 90 per cent of the best-selling currencies, meaning the pound will stretch further in many destinations
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Strength of sterling overcomes local price rises in holiday hotspotsPost Office Travel Money said UK travellers are paying less than a year ago for meals, drinks and other tourist items in 25 of 40 resorts and cities.
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