Good summer weather isn’t always a given in Britain, so it pays to know how and when to get a good deal on a sun escape. Just in time to assist would-be holiday makers looking to book that last minute getaway, the annual Post Office Travel Money Family Holiday Report has been released, revealing the cheapest European destinations for British people.
Now in its tenth year, the study looked at 15 popular European resorts, finding that prices have fallen since last July in Turkey, Bulgaria, Cyprus, Greece, the Balearic Islands, the South of France and Italy. A drop in local prices and a small year-on-year rise in the value of sterling against the euro also means that British people travelling to these destinations will enjoy increased spending power this season. The sterling made good strides against the lira, making Turkey the best value holiday hotspot for British people this year, with Marmaris coming out as the top choice for a good bargain. Costa del Sol was found to be the cheapest Eurozone resort, while the research also revealed that prices are down 24% in Corfu.
The report showed that Bulgaria’s Sunny Beach resort offers the cheapest average family meal price at £33.69 (US$44) for two adults and two children, less than half the cost in nine other destinations that included Majorca, the Algarve and Ibiza. British families will also find Paphos to be a lot more affordable this year, with the Cypriot resort coming in as the sixth cheapest destination in the study.
“It really will pay dividends to do some homework before leaving home to get a realistic view of the holiday cash you will need for meals, drinks and other tourist staples. If you are looking for a late deal, the low resort prices in Turkey and Bulgaria make these countries great bets for wallet-watchers. In the Eurozone, Spain is still great value, and the low prices we found in Corfu make Greece a good tip too,” said Andrew Brown, spokesperson for Post Office Travel Money.
The report also outlined resorts where prices have risen, with Sorrento in Italy, Limassol in Cyprus, Porec in Croatia, and the Algarve all proving to be pricier options for sun escapes this year.