Post Office report reveals that prices are lower than last year in two-thirds of cities
City Costs Barometer (www.postoffice.co.uk/citycosts) also reports price falls from pre-lockdown levels in 92% of cities that are exempt from Government quarantine rules
Hotel costs have plunged since lockdown: falls of over 20 per cent found in 14 cities
Eastern European cities dominate best value t
In its first Holiday Money Index of 2020 measuring exchange rate movements and foreign currency sales, Post Office Travel Money reports that demand for holiday money in July showed a positive recovery trend after the prolonged slump during lockdown. At the same time, sterling has held its value and is now worth more against all major holiday currencies than in August 2019.
In particular, the U
Post Office TravelMoney is re-activating its online foreign exchange service and its branch pre-order operation, both of which were suspended in late March at the start of lockdown. This means that the UK’s largest provider of foreign currency, which accounts for one-in-four of all UK currency transactions, will again offer a wide range of Travel Money services across the UK.
As a result of th
Post Office travel insurance products now available to purchase
Post Office reveals what sterling’s current value means for holidaymakers
Sterling is stronger year-on-year against 80 per cent of the top 40 holiday currencies and will stretch further in all 40 destinations compared with last summer
The pound’s biggest gains are against the Chilean peso and Turkish lira
City break tourists visiting Budapest will get 10 per cent more for their pounds
Post Office Travel Money Holiday Money Report reveals 2020’s best value hotspots (www.postoffice.co.uk/holidaymo... reveals falling prices in over three-quarters of resorts and cities worldwide
15 per cent year-on-year price fall makes Sunny Beach, Bulgaria cheapest for tourists
Japan powers past South Africa to become best value for long haul travellers
Chile, Japan, Poland and Tobago a
• Bulgarian resorts take the top two places in the Ski Resort report – with Borovets beating Bansko to the top spot (www.postoffice.co.uk/skireport2019) • Italy’s Bardonecchia is the best value Eurozone resort • Barometer prices have risen year-on-year in over 80 per cent of resorts surveyed
● New credit cards available from today in partnership with Capital One
● Classic Card can offer 0% interest purchase and Balance Transfer rates for up to 18 months
● Travel Card offers no foreign exchange fees when you spend abroad
Post Office has today announced the launch of two new credit cards with its partner Capital One - which are available online at https://www.postoffice.co.uk/c
Holiday Money Index reveals strong demand for Caribbean and South American currencies as winter sun season gets underway
Post Office Travel Money’s latest Holiday Money Index covering foreign currency sales from 1st January to 30th September 2019 confirms a strong appetite for overseas travel even though ongoing volatility in currency markets is having a daily impact on the value of sterling as
• Bulgaria’s Bansko is cheapest for family skiing out of 25 ski resorts surveyed • Italy trumps Austria, France and Switzerland to take four of the top five places in the Family Ski Resort Report (www.postoffice.co.uk/familyskiing) • Prices have fallen in six of the most popular European resorts – but families can expect to pay over 10 per cent more in Grindelwald and Kranjska Gora
FOR IMMEDIATE RELEASE
Post Office Expands Cross-Border Financial Services Offering Across Its Digital Channel
DENVER and LONDON, 18 JULY 2019 – Post Office Ltd, the United Kingdom’s largest retail network, and Western Union (NYSE: WU), a leader in cross-border, cross-currency money movement, today launched a collaborative service to offer UK consumers and businesses expanded digital interna
Resort prices fall in more than half the European resorts surveyed for the Family Holiday Report despite recent sterling falls (www.postoffice.co.uk/familyholidays)
Bulgaria and Turkey are best bets for bargain-hunters looking to cut costs
But meal costs and pester power for beach extras could rock the holiday boat as three-quarters of parents admit overspending by an average of £159
