Weak pound ‘forces Brits to rethink holiday plans’
Four in 10 people have changed their minds about booking a last-minute winter break, according to MoneySavingExpert.com
The website says the weak pound – meaning UK holidaymakers going abroad will get less for their money – is to blame.
The value of sterling has slumped by 20% against the US dollar and 19% against the euro compared to last October, according to the Mail on Sunday.
It reports entrance to the Empire State Building in New York, for example, will now cost a family of four £94 compared to £75 just 12 months ago.
In Tenerife, families will find a two-course meal with wine at a mid-priced restaurant for a family of four will now cost around £90 rather than £72 this time last year.
MoneySavingExpert.com chief product analyst Helen Saxon said: "It seems this extra cost is likely to stop some people from going on holiday.
"A family of four going to New York at this time last year would have got around $1.55 to the pound. But that same family taking the trip this year will only get $1.22 to the pound.
"So, if the family had spent $2,000 on hotels, eating out, attractions and getting around, it would have cost them £1,290 last year, compared to £1,640 now. The post-referendum fall in the value of the pound has cost this family a whopping £350 extra on the same holiday."
ABTA said tourists will still go on holiday, and will cut back on spending or opt for all-inclusives.
Lisa
Lisa joined Travel Weekly nearly 25 years ago as technology reporter and then sailed around the world for a couple of years as cruise correspondent, before becoming deputy editor. Now freelance, Lisa writes for various print and web publications, edits Corporate Traveller’s client magazine, Gateway, and works on the acclaimed Remembering Wildlife series of photography books, which raise awareness of nature’s most at-risk species and helps to fund their protection.
Vegas’s Billion-Dollar Secrets – What They Don’t Want Tourists to Know
Visit Florida’s New CEO Bryan Griffin Shares His Vision for State Tourism with Graham
Chicago’s Tourism Renaissance: Graham Interviews Kristin Reynolds of Choose Chicago
Graham Talks with Cassandra McCauley of MMGY NextFactor About the Latest Industry Research
Destination International’s Andreas Weissenborn: Research, Advocacy, and Destination Impact
Graham and Don Welsh Discuss the Success of Destinations International’s Annual Conference
Graham and CEO Andre Kiwitz on Ventura Travel’s UK Move and Recruitment for the Role
Brett Laiken and Graham Discuss Florida’s Tourism Momentum and Global Appeal
Graham and Elliot Ferguson on Positioning DC as a Cultural and Inclusive Global Destination
Graham Talks to Fraser Last About His England-to-Ireland Trek for Mental Health Awareness
Kathy Nelson Tells Graham About the Honour of Hosting the World Cup and Kansas City’s Future
Graham McKenzie on Sir Richie Richardson’s Dual Passion for Golf and His Homeland, Antigua
ADS PRO 
TAP Air Portugal to operate 29 flights due to strike on December 11
Qatar Airways offers flexible payment options for European travellers
Airlines suspend Madagascar services following unrest and army revolt
Digital Travel Reporter of the Mirror totally seduced by HotelPlanner AI Travel Agent
Strike action set to cause travel chaos at Brussels airports