Spain – can you get a cheaper holiday abroad?

beach items

beach itemsIf you're aching for a summer holiday this year but are being put off by money worries, perhaps you should have a closer look at this research which highlights destinations which offer the best value when it comes to what you spend abroad.

Post Office Travel Money reckons that families will see their hard-saved spending money go the furthest if they opt for holidays in Spain and Sri Lanka.

The call comes after researchers looked into the cost of suncream, drinks and the other everyday items we end up buying during our holidays. They found that the typical basket came in at less than £30 in Sri Lanka and less than £40 on the Costa Del Sol.

Families opting for a break in the Caribbean or Australia could find themselves much further stretched during their break - the same eight-item basket cost more than £100 in both Barbados and Brisbane!

But what if you don't fancy Spain or Sri Lanka? The poll also highlighted other destinations that offer families a decent run on their spending money. Both Bulgaria and the Czech Republic came in at under £40 for the same basket, with Budapest in Hungary just over £45 - perfect if you're planning on boosting the kids' cultural awareness with a fast-paced city break!

Post Office Travel Money head Sarah Munro said: "The message that came out clearly from our holiday budgeting research was that 2012 will be all about affordability. Holidays may still be a priority but they are not a necessity and people will not knowingly get into debt to fund them.

"That means that holidaymakers will be looking very carefully at their own finances before committing to a holiday and eagle-eyed in searching out trips that represent genuine good value.

"The winning destinations will be those that offer good value, not just for flights and accommodation, but for tourist staples like meals out and drinks."

Check out this handy guide to affordable holidays in 2012 for further ideas.