Researchers surveyed 40 popular long and short-haul destinations and looked at the price of food, drink and numerous tourist items, including suncream and insect repellent.
The Portuguese region overtook Sunny Beach in Bulgaria as the cheapest resort. Hoi An, Vietnam was the cheapest long-haul destination, followed by Cape TownWith its golden beaches and endless sunshine, the Algarve has long drawn British tourists.
Sharm El Sheikh came in second place, followed by Sunny Beach, Marmaris in Turkey and Paphos in Greece. Hoi An in Vietnam was the cheapest long-haul destination, followed by Cape Town in South Africa and Mombasa in Kenya. Although British holidaymakers continue to rate Spain as the best value destination, according to the report, the Costa del Sol was considered the country’s cheapest destination but came in at just sixth cheapest in Europe.
Despite the downward spiral of the Turkish lira, prices in Marmaris restaurants and bars have more than doubled as owners try to overcome the challenge of inflation. Even after applying the favourable sterling exchange rate, costs have risen 14 per cent. Laura Plunkett, head of Post Office Travel Money, said: ‘The Algarve has always been great value, particularly for meals and drinks, but this year our barometer research found that local prices have remained steady and the strength of sterling means that visitors can expect to pay even less than last year.’
And it may prove a good decision over Easter, with a combination of strikes, bad weather and rail closures making travel in this country an ordeal over the holiday period.
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