Luxury Hotel Holidays

Sunday, 12 January 2020 11:38

Holiday costs fall as sterling strengthens and prices drop

Written by  Paul Rollason
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By Samantha Mayland of Travel Weekly
The power of the pound and price cuts in resorts mean that many of the most popular holiday destinations are now cheaper for British tourists.

The Holiday Money Report from Post Office Travel Money shows that a basket of holiday items – from meals to sun cream – will cost less than a year ago in 33 of the 42 destinations surveyed.

According the Worldwide Holiday Costs Barometer in the report, Sunny Beach in Bulgaria retains its spot as the cheapest resort, with a basket of goods costing just £30.68.

The report said: “The resort’s rock-bottom prices for UK visitors have fallen a further 14.8% since last January, making it almost a third cheaper than runner-up Turkey, where prices in Marmaris are down by 2.4% year-on-year, thanks to the weak Turkish lira.”

Third-placed Tokyo (£48.21) is the best value long-haul destination, overtaking Cape Town (£59.39), which dropped to sixth place after registering a price rise of 18%.

The highest costs were found in the Seychelles, where the same basket will cost £165.10.

The biggest price fall of 44% was in Antigua (£70.51), which has risen to its highest barometer position (14th).

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