As the cost of living crisis rages, many Britons are looking for a bargain for the holidays. The Post Office Travel Money has found the best spots for bargain hunters.
The price of a sun lounger for half a day in Sunny Beach in Bulgaria was only £2.77 while it was free in Marmaris in Turkey.
An ice cream cost just 72 pence in Marmaris and just £1.04 in Sunny Beach, while a three-course family meal including drinks cost just £34.11 in Sunny Beach.
Unfortunately, prices had risen in many other popular European destinations for summer holidays.
Research from TUI and the Post has found Britons will pay around 11% more on holiday than in 2019.
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Nick Boden of Post Office Travel Money said: ‘The Beach Barometer reveals how paying for treats for the kids can push the family holiday budget into the red.
“One way to cut costs is to pack the kids’ gear like jelly shoes, masks and snorkels and last year’s lilo mattress into the suitcase – enough to pay for a pedalo ride or ice cream.
“Another easy win is to buy some foreign currency before you leave home to avoid bad prices at the airport desks.
“Change enough cash because using an ATM abroad will be expensive if you add bank charges.
“Also, changing over £500 at post offices or online will bring a better rate.”
Commenting on destination demand, Richard Sofer, Commercial Director at TUI UK & Ireland, said: “Despite the rising cost of living, there are many holidays that demonstrate good value for money for our customers for this year and beyond.
“We are seeing strong demand, particularly for holidays to these more affordable destinations, with bookings to Turkey up 60% from 2019 and the Algarve remaining a favorite with families, with bookings up by one year. third in 2019, indicating that budget-conscious Brits still want to enjoy a trip abroad.
“Additionally, we’ve seen a trend of customers booking our high-value all-inclusive offerings in these destinations, allowing customers to budget more effectively for the total cost of their vacation, as they can determine what they have to spend at the destination for extra meals, activities or items they might want to buy while away.
The Post Office Travel Money offers approximately 60 currencies for pre-order at approximately 7,000 branches across the country.
