Cape Town Named Best Value Destination for British Tourists

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Cape Town
  • 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.
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