According to the new research by Post Office Travel Money, Cyprus and the Canaries top the chart for best value New Year holiday bargains, where Orlando is the cheapest long haul destination – despite the strong dollar.
Bali is the survey’s lowest-priced long haul beach resort and the only place where sterling will stretch further than a year ago.
Sun seekers will find the best winter sun bargains in a trio of European islands. The survey found that Cyprus, Lanzarote and Tenerife were cheapest by far in a survey of 12 winter sun resorts, while the lowest-priced long haul destinations – Orlando and Bali – were hundreds of pounds pricier.
By combining the cost of a one-week holiday package for UK travellers (based on two sharing a room) at the beginning of January with the weekly cost for an evening meal including wine plus coffee and beers, the price in Paphos, Cyprus was just under GBP382 per person – at least 17 percent cheaper than in Lanzarote (GBP461.86) and Tenerife (GBP469.48).
Further afield, Post Office Travel Money compared costs in nine long haul resorts and found Orlando (GBP651.31 per person) to be the cheapest option for a New Year getaway, despite the continuing strength of the US dollar against sterling.
Although a week in the world’s theme park capital was 70 percent more expensive than in Paphos, Post Office Travel Money said this is mainly because of the cost of a transatlantic air fare. When compared with its long haul competitors, Orlando was less than half the price of Montego Bay, Jamaica (GBP1,346.89) and Grand Baie, Mauritius (GBP1,600.35), the two most expensive destinations.
Bali emerges as the cheapest long haul beach resort at GBP785.82 per person for a week’s holiday. Its cost of living total (GBP176.82) was second lowest among the 12 resorts surveyed and 6.9 percent less than in Paphos, while its currency, the Indonesian rupiah, is also slightly weaker against the pound than a year ago.
UK visitors will get around one percent more cash to spend than a year ago, compared with over seven per cent less in Kenya. Although Mombasa was rated as having the cheapest cost of living (GBP149.73), the higher package price meant that Kenya’s overall total of GBP1,141.73 per person was 45 percent more than in Bali.
Cancun in Mexico is another bargain for UK tourists at around GBP829 per person and a cheaper choice than either of the Caribbean resorts surveyed. While cheaper than Jamaica, Rodney Bay, St Lucia (GBP1,180.26) was still 42 percent more expensive than Cancun.
Although the cost of a holiday package to Dubai was the second-cheapest after Orlando for a long haul resort at GBP590 per person, the high price of meals and drinks in Jumeirah Beach - GBP471.80 for one week - made it 35 percent most expensive than Bali at GBP1,061.80.
In the Far East, a week’s holiday in Phuket totalled GBP1,075.35 combining a package deal and local meal and drinks costs. This made the Thai resort over a third pricier than its Far East competitor Bali.