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Holiday money stretching further


By Daniel Machin

Brits are getting more for their money when on holiday thanks to a burgeoning pound.

A Post Office Travel Money survey reveals that stronger sterling is giving tourists up to 28 per cent extra to spend on trips away.

Sharm el-Sheikh in Egypt is the best-value destination for people looking for a seven-day break in 2014, while Orlando in Florida also offers excellent deals.

Pound has strengthened against local currencies

Bali and South Africa are two other hotspots where the pound has strengthened against the local currency in recent months.

The poll compared one-week winter sun package prices, including the cost of seven resort based meals on the lowest available holiday from London - departing between 1-8 January.

A break in the coastal city of Sharm el-Sheikh cost just £399, while Orlando was priced at £719 and Playa del Carmen in Mexico was £899.

Penang in Malaysia, on the other hand, was the most expensive resort surveyed, with the same package costing as much as £1,314.

Tourists' pounds stretch further

"It's not just Sharm el-Sheikh where sun-seekers will find their pounds stretch further," said Paul Havenhand, head of travel at the Post Office.

"Sterling currently buys more holiday cash in all 10 of our January hotspots, with the biggest benefits to be found in Cape Town and Bali.

"Holidaymakers can make sure they get the best value by doing their holiday homework before booking to see how the overall costs stack up."

Package prices in the first few weeks of January are traditionally more competitive than over the festive period, allowing people to kick off the New Year in style at a fraction of the cost.

Europe is popular for New Year trips

Spain, France and Italy are the most popular overseas destinations among Brits looking for a trip in early 2014, according to a separate survey from foreign exchange specialist Travelex.

The poll also reveals that an increasing number of would-be post-Christmas travellers are interested in health-and-fitness breaks as they look to shed their excess holiday weight.

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