Monday, 12 October 2015

Bali named cheapest long-haul destination for third year

#BALI has retained its position as the cheapest long-haul #destination for the third year running, according to research by Post Office Travel Money. 

The Indonesian island was among 16 of 33 destinations to register a year-on-year price drop, including Cape Town and Tokyo.

Dubai was the most expensive destination surveyed at £167.10, while a rise of 15.2% in Muscat has seen Oman costs go up to £145.16.

The items counted in the costs study include an evening meal for two with a bottle of wine, bottle of beer/lager, soft drink, glass of wine, cocktail, chocolate bar, mineral water, suncream, and insect repellent.

Cape Town at £41.58 remains second cheapest for the third consecutive year. Tokyo at £51.81 has seen its value improve due to a combination of the strong pound and local price cuts. When this year’s 21.5% price reductions in the Japanese capital are added to significant falls reported 12 months ago, costs for UK visitors have halved since 2013, making a destination previously thought expensive an increasingly affordable option.

Other good value Asian destinations highlighted in the study include Phuket at £58.31, Hoi An (Vietnam) at £73.02 and the South Korean capital of Seoul at £69.02.

Andrew Brown, of Post Office Travel Money, said: ‘Price remains the big issue and so it is good news to see so many long-haul destinations offering great value, even though the strength of sterling is the main reason for the low resort costs. Local prices have fallen in only eight resorts this year, while sterling has risen in value against the currencies for most destinations.

‘The trick is to do some holiday homework before booking and pick destinations where the cost of living is already low and where the strong pound is making prices even cheaper.’

Go Holiday news :

Picture Credit:">Welcome to Bali</a> via <a href="">photopin</a> <a href="">(license)

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