- Cape Town is the best value destination in the world for British holidaymakers, according to the UK’s Post Office Travel Money Holiday Money Report.
- The report surveyed 40 destinations, testing the cost of eight items that British tourists are likely to buy on their holidays.
- South Africa was found to be the cheapest destination, with Turkey coming in second.
Cape Town Offers the Best Value for Money
- Cape Town offers the best value for money, with a decrease of 7.5% in costs to £51.44, thanks to the pound/rand exchange.
- Sterling’s value is 15.7% stronger against the South African rand than 12 months ago.
- Prices in Cape Town are the lowest across the 40 destinations featured in this year’s Post Office barometer of costs.
Most UK Consumers Holidaying in Europe in 2023
- The Post Office survey reveals that most UK consumers will be holidaying in Europe in 2023.
- A third (32%) are planning a holiday to Spain, while 14% will travel to Greece, 13% to Italy, 12% to France, and 10% to Portugal, but only 7% to Turkey.
Reykjavik in Iceland Most Expensive
- Reykjavik in Iceland remains the most expensive destination surveyed, with total costs of £198.42 for those eight essential barometer items, almost four times more expensive than Cape Town!
- Seychelles and Barbados follow Reykjavik on the list of most expensive destinations.
