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Long Haul to offer better value for money
September 26th, 2011 by elisa

According to Post Office Travel Money’s 2011 Long Haul Holiday Report, customers travelling to long-haul destinations will get better value for money holidays as prices fall in places such as Sri Lanka (where resort costs have fallen by a third from last year), the USA, Dubai and Egypt.

A spokeswoman for Post Office Travel Money, did however admit that the survey was intended to provide only a “snapshot” of prices in overseas resorts. Nevertheless, Sarah Munro of Post Office Head of Travel Money said prospects were bright for British holidaymakers, adding: “After a summer when the weak UK pound bought less holiday cash in Europe, tourists heading further afield for winter sun can look forward to seeing their pounds stretch further in most long haul destinations.

“Resort prices have fallen in two-thirds of the countries we surveyed a year ago and, in addition, sterling has strengthened against 15 of 26 long haul currencies.

“For example, the UK pound will buy over 19% more Kenyan shillings than a year ago and is also stronger against Caribbean and Latin-American currencies. Holidaymakers visiting the USA, Dubai and Egypt will be quids in too.”

The report claims that a ‘basket’ of 10 items, including a three-course meal for two with wine, would cost £31.81 in Sri Lanka and £51.48 in Thailand.

Elsewhere, China showed the year’s biggest price rise of 27%, to make the essential items average £116.43.


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