Monday, 23 November 2015

Sterling's strength boosts UK travellers' Xmas markets spending power

THE INCREASED purchasing power of the pound against the euro and other European currencies is giving British travellers up to 13% more spending power this winter over last year. 

The calculation comes from the latest analysis by Post Office Travel Money which identified #Budapest as the best value for a #Christmasmarkets break.

At £405 for a weekend break for two – comprising return flights, B&B accommodation, airport-city centre transfers, two evening meals for two with wine, coffee, festive drinks and snacks at the Christmas Markets – Budapest has overtaken its Eastern European rivals to become this year’s bargain choice.

This makes the Hungarian capital more than a third cheaper than Vienna (£653), the highest-priced city surveyed.

However, Prague remains cheapest of 12 Christmas Market favourites when it comes to meals, snacks and drinks for a two-day break, as well as travel to and from the airport. At under £72 for these items, Prague is 11.7% cheaper than Budapest and prices are almost two-thirds lower than in Stockholm (£207). When accommodation and flights are added to the barometer, Prague come second to Budapest with a total cost of £458.

The good value available to UK visitors has been boosted by sterling starting to rise in value against European currencies in the past two weeks. The strong pound means visitors to all 12 of the cities surveyed will have greater spending power than last year – almost 12% more in eurozone destinations, rising to 13.7% extra in Budapest.

Go Holiday news :

Picture Credit:">Christkindlmarkt</a> via <a href="">photopin</a> <a href="">(license),">Budapest at Night - Chain Bridge</a> via <a href="">photopin</a> <a href="">(license)

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