Portugal and Prague are destinations offering best value to holidaymakerss

Prague is 2015’s best value destination while the Algarve is Europe’s cheapest beach resort, according to the new Worldwide Holiday Costs Barometerfrom Post Office Travel Money

The strength of Sterling against the Euro in particular has contributed but, in the case of Portugal for example, where Petersham Group has frequently worked over the last 15 years, despite dramatic rises in VAT rates as part of the response by the authorities to the recession, businesses providing services ot the tourist sector have reduced their prices to become more competitive, as well as increasing the range and quality of services.

Interestingly, looking into the detail, a basket of typical holiday purchases that will cost around £27.00 (€36.00) in Portugal’s Algarve would cost you £150.00 (€199.00) in Dubai!!

More detail can be found at http://www.postofficeholiday.co.uk/the-travel-blog/holiday-money-report-2015