RESORTS abroad are still substantially cheaper than staying in the UK, even against the backdrop of a stronger Euro against the Pound.
This was one of the major findings of Thomas Cook's annual Holiday Cost of Living 2009 survey published recently.
With continued pressure on consumers' disposable income, the research also shows that some destinations abroad are more cost effective to travel to than taking train journeys on the UK mainland.
To help holidaymakers with budgeting, the survey provides prices of daily holiday essentials in 16 popular tourist destinations worldwide. Taking all holiday expenses into consideration can help you manage your complete holiday budget so that you get the most for your money.
The survey highlights that the majority of best value destinations for daily expenditure are long and mid-haul non-Euro destinations, where the pound goes further. The cheapest destination by far continues to be Goa, where a cup of coffee is more than 10 times cheaper than in the UK. Holidaymakers to Cuba will also enjoy bargain prices.
The favourable exchange rates of North African destinations such as Tunisia, Egypt and Morocco make them great value destinations, as is the Eastern Med favourite, Turkey.
Despite being in the Eurozone, prices in destinations such as mainland Spain, Majorca and Cyprus are still cheaper than the UK. With a three-course meal costing on average just £11.50 in Spain, this is still a fantastic value for money holiday hotspot.
The list of Thomas Cook's top 10 value destinations is headed by Goa where total daily expenditure (including such goods as alchohol, food, taxi etc,) was only £14.10 compared with the UK where the cost was £48-51. Second some way behind Goa is Cuba where the total is £30.75 followed by Tunisia with a total of £33.05.
"For some, it is the perceived cost of a holiday abroad that might be off-putting. With some clever destination choices and savvy budgeting, a holiday abroad can be easily achieved this summer," says Thomas Cook. "Our research shows that it is not always as expensive as you might think:"
Pete Constanti, CEO of Mainstream Travel at Thomas Cook, said: "There are some fantastic value for money deals available at Thomas Cook on both holidays and foreign exchange.
" If you're still looking to book, speak to our agents and they will be able to advise on what hot deals we have, what destinations will fit your budget and what costs will be like in resort. If you are on a tight budget, consider an all-inclusive option, this will mean that you've paid for food, drinks and some activities in advance.
"Other ways to get value for money include shortening your holiday, we have a range of 10- and 11-night holidays, if 14 nights is over your budget. Once you get into resort, speak to your rep, they'll know of all the latest special offers and discounts available.
Constanti concluded: "The most important thing is to plan your money, so speak to our experts in our foreign exchange bureau as they'll be able to offer valuable advice, and research your destination before you go."
With all-inclusive bookings the bill must be settled 12 weeks in advance, which gives enough time to save up some spending money. Most resorts host fascinating excursions like island tours and family daytrips, so it is important to take enough foreign currency for these treats.
Make sure you also take currency for local specialties too, as they will be much cheaper abroad than at home. For instance, Turkey is renowned for its rugs, while the Egyptians are famous for their scents and spices.