Report names cheapest resorts for summer

UK HOLIDAYMAKERS are likely to find #resorts more expensive this summer compared to last year as sterling has fallen from its seven-year high, but the Post Office claims the pound will still stretch further in many destinations than it did five years ago. 

Sunny Beach in Bulgaria is the cheapest holiday destination in #Europe for the third year running, according to Post Office Travel Money's annual Holiday Costs Barometer.

Despite a 9.3% year-on-year rise in prices, a basket of essential items still costs only £41.55, it said. Next come the Algarve, Cyprus, and the Costa del Sol, where the same goods cost £52.65.

‘However, with packages to Spain selling like hot cakes after falling demand for Turkey,’ says the report, ‘there has been speculation that prices may rise.  If that happens, savvy travellers could head north for the sandy shores of Asturias, where package and resort prices are low.’

In sixth place Costa Blanca, prices have fallen 6% year-on-year, it said, bringing the cost of a basket of essential items down to £62.29. In Greece, the lowest prices are in Crete, Zante, and Kefalonia. In British favourite Corfu, prices are up by more than 14%.

Andrew Brown of Post Office Travel Money said: ‘The pound may be worth less in Europe than a year ago, but our research suggests UK tourists who choose destinations carefully could find resort prices lower than expected. However, sterling could be affected – positively or negatively – by the EU referendum vote.

‘For those still at the planning stage, it will be wise to compare prices for tourist staples in resorts you are considering before booking.  This could make all the difference to how far the holiday budget will stretch.’

Go Holiday news : www.govillasandcottages.co.uk

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