Britons have been handed some great news for the new year with the pound reaching a 15-month high against the Euro.
The recent uncertainty in Europe has driven the pound higher meaning destinations like Spain’s Costa del Sol and the Canary Islands are more attractive and visitors will be getting a lot more for their money.
David Swann, from currency exchange Travelex, said: “Tuesday’s positive data release combined with the on-going crisis in the Eurozone, has driven the Pound up, which is good news for travellers.
“For holidaymakers heading to the Eurozone, this means they are getting the best rate since September 2010.
“This is really positive news to start the year, particularly for those planning their half-term getaways now the busy festive period is over.”
Sarah Munro, head of Post Office Travel Money, said: “Sterling has been strengthening slowly but surely over the past few weeks and is now 6.4 per cent stronger against the euro than it was back in October.
“Spain looks set to be the big Eurozone winner as holidaymakers start making their travel plans for 2012.
“UK holidaymakers travelling to Spain rose 8.8 per cent last year (January-August 2011) and, with resort prices pegged at last year’s low levels according to our latest research, the Costas look set to repeat that success in 2012 as they are well ahead of their Eurozone competition for value.”
Club La Costa World owns and operates numerous resorts throughout Europe including the Spanish Costa del Sol and the Canary Island of Tenerife, all of which provide excellent self-catering holiday accommodation for couples and families.
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