1. ITV Report

Bali 'most cost-effective' holiday destination for Brits

Villas by a white sand beach facing the Indian ocean at a luxurious resort in Nusa Dua, Bali Photo: REUTERS/Olivia Rondonuwu

Britons booking bargain breaks should head for Bali where the pound has strengthened against local currencies more than in any other country.

A Post Office Travel Money survey compared the pound against local currencies of 44 of the world's top holiday destinations.

Holiday prices for visiting Britons have fallen in most resorts and cities in the survey, with costs lower by more than 30% in some places.

A man jogs as a surfer stands with a surfboard during sunset at Kuta beach, on the resort island of Bali Credit: REUTERS/Beawiharta

Bali was rated the best-value destination where a basket of typical holiday items cost just £31 compared with £115 in Auckland in New Zealand - the most expensive destination surveyed.

This is how much basket of typical holiday items costs is some other popular destinations:

  • Portuguese Algarve - £35
  • Prague in the Czech Republic - £37
  • Gambia - £38
  • Bulgaria - £38
  • Spain's Costa del Sol - £39

At the other end of the scale:

  • Darwin in Australia - £113
  • Singapore - £108
  • Beijing in China - £104
Auckland in New Zealand is the most expensive destination surveyed Credit: REUTERS/Jacky Naegelen

The survey showed that, although the pound was slightly weaker against the euro year on year, prices in the Portuguese Algarve have dipped 18%.

Prices in Spain, though, have risen for Britons but elsewhere cheaper tourist meals have made many resorts more affordable for holidaying Britons.

Eating out now costs less now than a year ago in 30 of the resorts or cities surveyed.

As well as in Portugal, prices have plunged in Turkey with costs in the resort of Marmaris falling by 19%. For those travelling further afield, there are also good exchange rates in Vietnam and in South Africa.

Likely emerging countries for tourists are Burma, Qatar and the Philippines.

Holidaymakers will be spoilt for choice this year with better value for money in most destinations worldwide.

To cash in on this, UK tourists should do their homework before booking to find out where the pound is worth most and where resort costs are low.

– Paul Havenhand, head of travel, Post Office