Egypt holidays 'offer great value'

30th Dec 2013

Holidaymakers are enjoying more bang for their buck in Egypt thanks to a boost in the value of sterling.

Sharm el-Sheikh in Egypt is now the best-value destination for a seven-day holiday in the New Year at just £399, according to a Post Office Travel Money survey.

The report found that UK tourists have up to 28% more spending money on holiday thanks to movement in the exchange rates, with Orlando in Florida also revealed to offer good deals at £719.

Playa del Carmen in Mexico at £899 and Dubai at £983 followed as the next best-value new year destinations, while at the other end of the scale Penang in Malaysia was the most expensive destination surveyed at as much as £1,314.

The poll was based on one-week winter sun package prices, plus seven meals in the resort as part of the lowest price available holiday departing from London between January 1-8 2014.

"Egypt's Red Sea resorts have always been a good value option but it's not just Sharm el-Sheikh where sun-seekers will find their pounds stretch further," said Post Office head of travel Paul Havenhand. "Sterling currently buys more holiday cash in all 10 of our January hotspots, with the biggest benefits to be found in Cape Town and Bali."

Separate research by foreign exchange specialist Travelex, meanwhile, revealed strong demand for health and fitness breaks after the Christmas period.

It suggested new trips in the UK, Spain, France and Italy are most popular, while travel agent On the Beach reported the Canary Islands, mainland Spain, the Balearics, Portugal, Turkey and the Greek Islands are the most in demand destinations for 2014.

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