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Head to Bali for a bargain break

10/1/14

By Ian Lewis

Holidaymakers seeking a destination where their pounds will stretch further this year should be thinking about a break in Bali, the Algarve or Prague, the results of a new survey suggest.

Travel experts are urging people to do their homework before booking and find out where the pound is strongest and living costs are low.

The survey carried out by Post Office Travel Money found that Bali is the cheapest destination to head for among those where the pound has strengthened against local currencies.

A basket of goods that would be typically bought by a tourist in Bali now costs only £31 compared to the £115 it would set travellers back in Auckland in New Zealand.

Prices in the Algarve have dipped 18%

Those wanting to stay a bit closer to home could get their hands on the same items for just £35 in Portugal's Algarve.

Prices there have dipped by 18 per cent over the past year despite the pound weakening slightly against the euro.

Meanwhile, city break enthusiasts could buy the same goods for £37 in Prague, the capital of the Czech Republic.

The next cheapest locations were found to be Gambia, Bulgaria and the Costa del Sol in Spain where the basket of items all cost under £40.

Prices in Turkish resort of Marmaris have also fallen sharply, dropping 19 per cent year on year, the survey found.

Value for money

Good exchange rates are also available further afield in Vietnam and South Africa while value for money is likely to be found in Burma, the Philippines and Qatar, Post Office Travel Money found.

Auckland was the most expensive destination surveyed followed by Darwin in Australia, Singapore and Beijing in China where the basket would cost holidaymakers £113, £108 and £104 respectively.

Paul Havenhand, head of travel at the Post Office, said: "Holidaymakers will be spoilt for choice this year with better value for money in most destinations worldwide.

"To cash in on this, UK tourists should do their homework before booking to find out where the pound is worth most and where resort costs are low."


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