Stretching the pounds

Print Friendly

2014 could be a winner for Brits travelling abroad, says Sarah Marshall

Holidaymakers can make their pounds go further in 2014, according to findings from the eighth Post Office Travel Money Holiday Report.

Shedding some rays of sunshine on an otherwise gloomy January, the report suggests that sterling is growing in strength against many currencies, while a significant number of holiday resorts are also dropping their prices (with findings based on price comparisons of the average cost of a basket of selected tourist goods).

Paul Havenhand, head of travel at the Post Office, predicts: “Tourists will be spoilt for choice this year with better value for money in most destinations worldwide.”

Combined with ABTA’s recent findings that a significant amount of consumers expect to spend more money on holidays in 2014, it looks like UK tourists could be travelling for longer and with greater frequency over the next 12 months.

So where should you be heading if you want the best value for money close to home? Even though sterling is weaker year-on-year against the euro (-1.9%) there are still plenty of bargains to be found in Europe.

The cheapest European destination to emerge from this year’s report is the Algarve in Portugal, where resorts have reported an 18% drop in prices. Lisbon was also found to be the lowest price eurozone city break. Other European destinations to show price drops include Cyprus (Paphos), Greece (Corfu) and Italy (Sorrento) – although, overall, Italy remains the most expensive country in the barometer.

Further afield, Bali has emerged as the best value long haul destination, where the drop in value of the Indonesian rupiah has made tourist costs 19% cheaper than a year ago.

Garuda Airline’s launch of the first non-stop service between London and Jakarta in May (with promotional fares starting at £556 return) should also help to increase the country’s popularity, perhaps enabling Indonesia to follow Vietnam’s success.

Improved access, with direct flights from the UK, is one of the major factors contributing to Vietnam’s ongoing appeal to UK holidaymakers; last year the Post Office registered a 94% surge in requests for the Vietnamese dong.

Also set to grow in favour is South Africa. Following several disappointing years for tourism post-World Cup, the country is experiencing new exposure thanks to April’s forthcoming 20th anniversary of democracy celebrations and the interest surrounding Nelson Mandela. The financial incentives are also obvious: tourist prices in Cape Town are 17% down year-on-year, and visitors are getting 28% more rand for their pound than a year ago.

In fact, worldwide the outlook is bright for jet-setting British holidaymakers. Price falls of 30% in Jamaica, Japan and Gambia, mean a number of far-flung holiday spots are now within much easier reach.

So, with a bit of careful planning in 2014, tourists can look forward to a great value break – or maybe two!


:: For more information, visit

The following two tabs change content below.
Hello ... I am the Creative Director and Website Editor for Silversurfers and manage all the social media too. I hope you find the features and articles we have shared with you of interest and relevance. Please feel free to comment below and share your thoughts with us ... I hope you enjoy Silversurfers and all that we offer ...

Latest posts by Silversurfers Editor (see all)

Not a member?

Join the silversurfers community today! It's free, easy to do, and is packed full of features and amazing offers!

Join the community!
Click here if you have forgotten your password

Community Terms & Conditions

Content standards

These content standards apply to any and all material which you contribute to our site (contributions), and to any interactive services associated with it.

You must comply with the spirit of the following standards as well as the letter. The standards apply to each part of any contribution as well as to its whole.

Contributions must:

be accurate (where they state facts); be genuinely held (where they state opinions); and comply with applicable law in the UK and in any country from which they are posted.

Contributions must not:

contain any material which is defamatory of any person; or contain any material which is obscene, offensive, hateful or inflammatory; or promote sexually explicit material; or promote violence; promote discrimination based on race, sex, religion, nationality, disability, sexual orientation or age; or infringe any copyright, database right or trade mark of any other person; or be likely to deceive any person; or be made in breach of any legal duty owed to a third party, such as a contractual duty or a duty of confidence; or promote any illegal activity; or be threatening, abuse or invade another’s privacy, or cause annoyance, inconvenience or needless anxiety; or be likely to harass, upset, embarrass, alarm or annoy any other person; or be used to impersonate any person, or to misrepresent your identity or affiliation with any person; or give the impression that they emanate from us, if this is not the case; or advocate, promote or assist any unlawful act such as (by way of example only) copyright infringement or computer misuse.

Nurturing a safe environment

Our Silversurfers community is designed to foster friendships, based on trust, honesty, integrity and loyalty and is underpinned by these values.

We don't tolerate swearing, and reserve the right to remove any posts which we feel may offend others... let's keep it friendly!

More Destination Features

Why you should choose Dubai as your next holiday DubiaQ4_CampaignImage
Extraordinary cityscapes, unbelievable attractions and a fascinating culture… for a really...
Discover the secret paradise of the Maldives welcome-on-beach
If your idea of holiday heaven is discovering new places, meeting local people and learning more...
Barefoot luxury in the heart of the Makasutu Forest in The Gambia Floating lodges 37097_41442549_Serenity_&_3rd_Party (1)
Deep in the forest of Makasutu, by a tributary of the River Gambia, you’ll find a unique and...
Beach breaks in Goa 37594_11437295_Serenity Use Only
Located on India’s western coast, travellers who visit Goa are met with an eclectic culture...
The best dishes to sample in The Gambia Header
Gambian cuisine may not be one of the world’s most renowned culinary scenes, but a holiday to...
5 Tours & Excursions to take in Goa Main image
Goa is one of the most diverse and beautiful destinations in India, perfect for a winter sun...
5 destinations to see the autumn leaves change beautiful autumn trees and colors in the forest
One of the best things about the changing of the seasons is that the leaves turn with them – the...
The Gambia – A wealth of wildlife on your doorstep Canoes along a tributary of the River Gambia
When dreaming of a wildlife adventure in Africa The Gambia is off many people’s radar, but this...
An introduction to The Gambia, West Africa’s ‘smiling coast’ 1054_4709571_Serenity_&_3rd_Party
An ideal location to soak up some well-needed winter (or summer) sunshine, this small country...
Winter 2016: 6 Breathtaking Destinations You Need To Visit Sri Lanka
It’s no surprise that more and more of us are keen to escape the grey skies during the winter...
Discover Shearings new Autumn/Winter programme Image-1B--1
Shearings Holidays has launched its 2016/17 Autumn Winter programme, promoting a full range of...
Seychelles – nature and paradise in perfect harmony Grande Soeur
Whether for an annual holiday, a special anniversary, or that ‘once in a lifetime’ trip...