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July 30, 2014

Bali is the cheapest destination this year, Post Office Travel Money

Which will be the top destinations to make your money go further this year?

2014 holiday winners and losers:

  • Prices are down in 70 per cent of 44 destinations surveyed
  • Holiday spending costs have fallen by 32 per cent in Jamaica
  • Bali is the cheapest destination this year, according to Post Office Travel Money
Holidaymakers planning a trip abroad could find 2014 is a good year to grab a bargain, thanks to the strengthening sterling against most currencies, a new study reveals.
Prices are down in 70 per cent of the 44 destinations surveyed by the Post Office, with costs in some destinations down by as much as 32 per cent.
 Find out what the best destinations in the World are as awarded by millions of real travelers.

Bali emerged as the cheapest destination surveyed this year, thanks to a slump in the value of the Indonesian rupiah against the pound. 

However Portugal and other tradition European holiday destinations could come under further pressure from non-eurozone sunspots, which have been growing in popularity. 

Sales of the Croatian kuna doubled in the past two years, according to the Post Office, while falling prices in Bulgaria could see it grow as a popular destination this year.
Meanwhile the Turkish lira is at a five-year low against the sterling, with prices in its leading resort Marmaris down by 19 per cent in just a year.
Post Office Head of Travel Paul Havenhand said: ‘The fall in the value of the lira should make Marmaris and other Turkish resorts very attractive to bargain hunters.
'Not only have prices fallen this year but they are now 29 per cent cheaper than two years ago.’
The Post Office also tipped the Dominican Republic, Oman, New Zealand and Japan as top hotspots in 2014.
The sliding yen means UK visitors would have 25 per cent more cash in their pockets when visiting destinations such as Tokyo, Kyoto and Mount Fuju, bringing the destination within the reach of a growing number of holidaymakers.
It also tipped Burma, Qatar and the Philippines as emerging destinations to watch.
Burma is opening up to tourism, with a growing number of escorted tours being launched, while the reintroduction of direct flights from Heathrow and Manila could see demand for holidays in the Philippines increase.
Qatar is tipped for success for the third year in a row, with Post Office sales of the riyal growing by a further 31 per cent in 2013 alone.
Paul Havenhand, added: ‘Holidaymakers will be spoilt for choice this year with better value for money in most destinations worldwide.
Source : This is

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