Less than 7% increase on the average holiday.
Ones to watch post Brexit: Cambodia, Cuba, South Africa, Namibia.
As tour operators try to evaluate the impact of the Brexit vote and subsequent slump in the value of the pound on your summer holiday, family travel specialist, Stubborn Mule are reassuring its passengers: “it may not be as bad as you think.”
“Those travelling to long haul destinations, particularly those in Asia, like Cambodia, India, Sri Lanka, Vietnam and Thailand may find as cheap – if not cheaper – than holidaying in the Eurozone,” says Liddy Pleasants, Stubborn Mule’s Managing Director.
“Pre-referendum, the average cost of one of our long haul family holidays was £6,000 excluding flights. Post referendum – and assuming the pound doesn’t fall further – the cost of the same holiday will increase by around £380 for the whole family.
That’s an increase of just over 6%. “
“We’ve had one client tell us that she’s ‘embarrassed to look Europe in the face’ and now wants to go further afield. Although most costs outside Europe tend to be in US$, which is also performing strongly against the weakened pound, you do get much more for your spending money in Asia in particular, compared to Eurozone destinations,” she says.
“In the longer term, we expect Cambodia to perform strongly as a ‘Post -Brexit’ holiday destination, a country which is approximately 20% cheaper than neighbouring Thailand and Vietnam. Outside Asia, then family holidays in Cuba still remain inexpensive and any impact is likely to be slight,” she says.
And adds “with the advantageous Sterling to Rand exchange rates, South Africa and Namibia are two to watch as both offer a fantastic range of family-friendly holidays and sunshine. We have already noticed an increase in demand for Namibia family holidays from parents who enjoy the independence of self-driving.”
Stubborn Mule are honouring all prices that were quoted for passengers travelling this summer. For more information about Stubborn Mule, visit our About Stubborn Mule Travel page or ring us on 01728 752 751.