Eurozone Travel: Money Goes Furthest in Spain

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Post Office research reveals holiday makers looking to get more for their travel money should choose their destination carefully.

The latest travel money Holiday Cost Barometer, a foreign currency information survey about holiday costs produced by Post Office Travel Services, has revealed that almost half of UK tourists are looking for ways to reduce their holiday costs and get more for their travel money. Measures being taken include eating out less, buying fewer drinks and doing less sightseeing.

The value of the pound against other foreign currencies is also likely to have an impact on tourists' destination choices. While holiday makers get almost 10 per cent more euros for their pound than earlier in the year, non-eurozone countries like Bulgaria (where a bottle of lager is only £0.98) can still offer them more for their travel money.

One exception is Spain, which came second in the annual foreign currency holiday costs survey. A basket of 10 essential holiday items, including suncream, drinks and meals out, set tourists back just £53.51 of their travel money.

Topping the annual foreign currency exchange ranking table is Thailand. Visitors to the country can expect to pay as little as £39.51 for a family meal and only £0.49 for a cup of coffee.

"Our research revealed that some UK tourists are thinking more carefully about buying foreign currency in advance when rates are better - but the amount lost by leaving it late still adds up to a tremendous waste of hard-earned money. Families who want to stick to a budget should consider putting their cash on a prepaid card like the Post Office Travel Money Card, so that they can track their expenditure."

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Melanie Seasons

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