Expedia has launched a Holiday Value Index tool to analyse the cost of hotels, flights, cost of living and exchange rates in 50 destinations.
The online travel giant says more UK families are concerned about the cost of travelling abroad given the UK’s current political climate.
Its new index refreshes daily with flight and hotel data, providing users with average prices based on travel from three UK departure airports (MAN, LHR, LGW) and weekly stays in 3* and 4* hotels.
The tool allows users to filter destinations by their preferred holiday type (beach or city) and month of travel. This returns a list of destinations rated by average spending costs (from cheapest to most expensive).
Early findings suggest Krakow is one of the cheapest year-round destinations, July and August are the most affordable months to visit Berlin, Prague, Rome and Vienna, long-haul destinations like Thailand and Vietnam could be cheaper than Ibiza and Marbella and that value can be found in Malta, the Algarve and Madeira.
Patricia Hernanz, senior project manager, at Expedia UK said: “With much uncertainty surrounding exchange rates and affordability of travel, we decided to try and make it easier for people to find the best value destinations in 2018.
“It is important that travellers consider costs such as food and drink, along with flights and hotel costs, to ensure they pick a destination best suited for their budget – as these factors can sometimes be forgotten when booking a holiday.”