The world’s best value holiday hotspots for Britons in 2022 have been revealed in an annual report and it’s Marmaris in Turkey that’s number one in the ranking.
It’s here where their pound will stretch the furthest, followed by Sunny Beach in Bulgaria and the Algarve in Portugal (3rd).
Meanwhile, Reykjavik in Iceland has been deemed the worst value holiday destination for British holidaymakers.
The world’s best value holiday hotspots for Britons in 2022 have been revealed in an annual report and it’s Marmaris in Turkey that’s number one in the ranking. Above is the area’s picturesque Turunc Bay
Bulgaria’s Sunny Beach, pictured, ranked second overall, with a basket of everyday tourist items in the resort costing just £26.19
This is according to Post Office Travel Money’s annual Worldwide Holiday Costs Barometer, which compared the cost of eight everyday tourist items in 36 cities and resorts worldwide to see where Britons will get more bang for their buck.
The basket of goods that were compared includes a three-course evening meal for two with wine, a bottle of beer, a cup of coffee, sun cream and insect repellent.
Sterling’s strength against many currencies has helped to keep holidaymakers’ costs down, the survey found – Britons will pay less than they did a year ago in half of the destinations surveyed.
Above is the Ponta da Piedade headland in Lagos, the Algarve. The Portuguese region is the best-value destination for Britons in the Eurozone, according to the report
The Post Office Travel Money Worldwide Holiday Costs Barometer, above, compares the cost of eight everyday tourist items in 36 cities and resorts worldwide
The report revealed that the collapse of the Turkish lira helped gold-medal winner Marmaris – where a three-course meal for two with vino will set Britons back as little as £16.02 – to edge past Sunny Beach for the first time.
There’s less than a 10 pence difference between Marmaris and Sunny Beach – a 37 per cent fall in prices caused by the weak lira made Marmaris marginally cheaper at £26.13 for the eight items, compared with £26.19 in Sunny Beach.
However, Bulgaria may prove a more popular choice for holidaymakers this year, as sales of Bulgarian lev at Post Office Travel Money has outperformed the Turkish lira by nearly 14 per cent, the survey found.
On the pricier end of the spectrum, in Reykjavik (36th), the basket costs a sizeable £158.16, with a three-course meal with wine priced at £109.96 and a bottle of sun cream costing £18.03.
Five Eurozone countries ranked in the top 10, led by third-place the Algarve, which has dropped by one per cent since last year. There, holidaymakers can get the basket bundle for £44.39.
Cape Town, South Africa – the best-value destination for long haul holidaymakers – retained fourth place, registering a 1.6 per cent price fall to £53.23.
And, according to the report, Cyprus has taken fifth place after recording a steep price fall of over 15 per cent to £56.44 in Paphos. It’s followed by sixth-place Costa del Sol (£59.56, down 2.2 per cent).
A fall of 5.9 per cent helped Mombasa, Kenya (£61.30) to jump five places to seventh in the table.
Reykjavik in Iceland, pictured above, has been deemed the worst value holiday destination for British holidaymakers
Orlando, Florida (10th), has entered the top 10 for the first time in the report’s history, even though sterling has lost ground against the US dollar since last year. The price of the basket in the city fell by 10.1 per cent year-on-year to £67.01.
Post Office Travel Money says that it is worth noting that ‘Britons visiting the world’s theme park capital for the first time in two years will find prices around 22 per cent lower since then’.
The rest of the top 10 comprises eighth-place Funchal in Madeira (an increase of 3.4 per cent, £64.05) and, with a drop of 5.8 per cent, Sliema in Malta (9th, £65.35).
Discussing the report’s findings, Nick Boden, Post Office Head of Travel Money, said: ‘It will pay dividends to invest time in holiday homework because many people won’t have travelled abroad in the past two years. They need to be aware that prices have risen sharply in some destinations and fallen significantly in others. We advise making a destination shortlist and comparing costs before booking a trip.’
Above are the top 18 best-value holiday destinations for Britons, as determined by Post Office Travel Money
Aside from price falls in the top 10 destinations, costs have plummeted by over 15 per cent in Corfu (18th, £76.94).
They have also fallen by 11.8 per cent in Phuket, Thailand (14th, £72.98) and 6.5 per cent in Darwin, Australia (31st, £115) – two popular destinations that are just open to tourists after two years of closure.
According to the report, both Thailand and Australia feature in the ranking because of ‘reduced resort costs and the buoyant pound’.
Boden added: ‘The buoyancy of sterling is welcome news as Britons get set to book holidays abroad but, to get the most for their money, they should not only pick destinations where sterling is performing well, but also where the cost of meals, drinks and other tourist staples is low. There is plenty of choice: In Europe, Turkey and Bulgaria are best buys but further afield it will be worth considering Thailand or Mauritius.’
Other destinations included in the survey are Porec, Croatia (17th, £76.55) and Jumeirah Beach, Dubai (34th, £132.73).
The report revealed that prices have risen in all the Caribbean and Central American destinations surveyed except Tamarindo, Costa Rica and St George’s, Grenada
Though Jumeirah Beach recorded a rise of almost a third in barometer costs since last year, it made the ranking because a 29 per cent rise in sales made the UAE dirham third in the Post Office bestseller list – which ranks the bestselling foreign currencies in the UK – behind the euro and US dollar last year. This ranking underlines the ‘strong consumer demand for Dubai’, the report revealed.
It added that demand is also expected to grow for Croatia after its currency, the kuna, scored 2021’s biggest sales increase of 52 per cent.
Post Office Travel Money’s report revealed that prices have risen in all the Caribbean and Central American destinations surveyed except Tamarindo, Costa Rica (19th, £79.50, down 3.9 per cent) and St George’s, Grenada (24th, £95.23, down 7.1 per cent).
However, the demand for Caribbean and Mexican currencies is soaring – while visitors to Cancun (22nd, £83.33) can expect to pay around 22 per cent more than last year, the Mexican peso has moved into the Post Office’s top 10 list of bestselling currencies for 2022, ranking in ninth place. What’s more, 2022 sales of the peso are now 45 per cent higher than in the same period in 2020, the survey found.
The report also noted that barometer costs in Cancun are lower than in St George’s, Montego Bay, Jamaica (23rd, £85.92), St Lucia’s Rodney Bay (30th, £112.04), St John in Antigua (33rd, £123.36) and Bridgetown, Barbados (35th, £156.74).
For more information visit www.postoffice.co.uk/travel.