Commenting on what Post Office is seeing in the currency market on 26 September, Nick Boden, Head of Post Office Travel Money, the UK’s largest provider of foreign currency, said:
“The current fall in sterling against many currencies varies quite significantly. For example, while sterling is down by over 20 per cent against the US dollar and currencies like the UAE dirham, Barbados dollar and
Athens and Lisbon have emerged as best value for an autumn break in Europe, according to the annual Post Office Travel Money City Costs Barometer
New research from Post Office Travel Insurance* has found how much the impact of Covid and ongoing travel issues have changed UK sunseekers’ attitudes towards planning for the continuing uncertainties of travel in 2022 and into 2023.
Over half of those surveyed in the latest Post Office poll say they will travel abroad this year – citing the high cost of UK breaks as a key factor (www.postoffice.co.uk/holidayspending) Careful budgeting crucial to avoid busting budget as 7-in-10 overspent by 38% on last holiday Nearly two-thirds (63%) also said they had been ripped off on their last trip abroad All Inclusive trips will be pop
Past visitors give the highest approval ratings to Spain’s mainland resorts and islands
Britons also tip Greece (89%), Portugal (88%) and Turkey (88%) as good value
Bargain Bulgaria gets a lower rating than more expensive Croatia
Mexico and Thailand score best among long haul destinations
Dubai and Scandinavia get the worst good value rating
Sterling’s falls against holiday currencies in th
37% price fall makes Turkey cheapest of 36 destinations surveyed in Post Office’s global barometer of tourist costs – beating Bulgaria to the top spot for the first time Bulgaria may prove a more popular choice, as its currency outperforms the Turkish lira and joins Mexican peso in Post Office 10 bestselling currencies for the first time South Africa is best value long haul, while Orlando enters
Prices have fallen in two-thirds of the ski resorts surveyed for the Ski Resort Report (www.postoffice.co.uk/skireport2022) but costs vary by hundreds of pounds
Bulgarian resorts are again cheapest, while Swiss ones remain the priciest
Italy’s Bardonecchia is the best value in the Eurozone
Following France’s decision to reopen its borders to British tourists, ski enthusiasts now have a ful
Post Office today announces that sales of travel insurance have surpassed pre-pandemic levels for the first time since the pandemic began.
The first Post Office Holiday Money Index of 2021 reveals pent-up demand for trips to the USA, which reopens to UK tourists from 8thNovember. Post Office Travel Money reports that US dollar sales surged by 142 per cent year-on-year in September and October. Although the biggest year-on-year sales increase of 3,009 per cent has been for the Icelandic krona, a host of winter sun holiday resorts now
All Inclusive trips are top choice but extras add hundreds to holiday costs
More than two-in-five UK adults are still planning holidays abroad in the coming months
But past overspending means holidaymakers are likely to blow budgets by a record 40% according to the latest Holiday Spending Report (www.postoffice.co.uk/holidayspending)
Over a third of those planning trips will go All Inclusi
Post Office has set up a Travel Support Scheme for branches impacted by the continuing travel uncertainty as a result of the Covid-19 pandemic.
Green listed Portugal scores on both counts as Holiday Money Report unveils the best bargain holiday hotspots and holidaymakers’ favourites
Portugal tops holidaymakers’ own good value ratings alongside Greece and Spain’s Costas, with Thailand the best placed long haul destination
But Post Office’s global barometer of tourist costs reveals that Bulgaria is the cheapest, while Bali and V
The Post Office has over 11,500 branches across the UK, 97% of these are run with retail partners on an agency or franchise basis. 99.7% of the population live within 3 miles of a Post Office and 93% live within 1 mile. Along with a significant online business, we are the biggest retail network in the UK, with more branches than all the banks and building societies combined.
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