Wednesday, December 31, 2008

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NO MORE CHEAP HOLIDAYS FOR THE BRITISH AS THE POUND SLUMPS



Thanks to Gordon Brown, the pound sterling has sunk about 25%.

It is weak against the Euro and the Dollar.

The weakening pound means costs have risen by nearly 30% in a year for British travellers heading to America and other countries where the dollar holds sway.

For the British, the average cost of a package deal in 2009 is likely to be at least 16 per cent higher than in 2008.

However,

"Turkey looks as if it will be very popular in 2009. Day-to-day costs are markedly lower than in eurozone destinations such as Spain and the pound has dropped by only about 5% against the Turkish lira." - Travel bargains 2009: Cheapest destinations and money-saving tips

However,

"Turkish hoteliers and tour operators are cashing in on the boom with a massive 27 per cent hike in prices for next summer...

"A week's half-board package for a family of two adults and one child to Dalaman in Turkey has gone up from £1,154 this year to £1,466 next summer, a 27 per cent rise."

(Sun-loving Brits have gone cool on Spain, as Turkey and Egypt rise ...)

Egypt has seen a staggering 49 per cent rise in bookings, according to The Co-Operative Travel.

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