Strengthening pound puts Asia on the map for cheap holidays


Strengthening pound puts Asia on the map for cheap holidays

Wednesday, 25 Sep, 2023 0

Long haul Asia holidays are kindest to the wallet, the Post Office says, with the pound going furthest.

The latest Post Office Long Haul Holiday Report  shows a strong pound and stable prices gives Asia the greatest spending power as a region.

It reviewed the average cost of ten common holiday purchases, including beer, dining out and sun lotion.

The study shows prices have fallen in most destinations it surveyed.

Holidaymakers looking for winter sun will get more bang for their buck in Asia.

Hoi An in Vietnam was the cheapest overall, and down 19.2% since last autumn.

Bali, Delhi and Phuket also ranked highly for affordability. on the Post Office price barometer.

Mombasa in Kenya and Cape Town were also in the top ten.

The UK pound has strengthened on the dollar by over 10% in the past year, making US and Caribbean holidays generally more affordable.

The Post Office says one of the biggest consumer price drops is in Santiago, Chile which is down by 43.9%.

Montego Bay in Jamaica came out cheapest of the Caribbean destinations in the study.

However, some destinations have strengthened against the pound, making trips more expensive, such as Mexico.

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TravelMole Editorial Team

Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.



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