Expedia announces holiday swaps that offer travellers better value for money

On September 01, 2016 at 04:26 AM

Forget Japan, Vietnam or Brazil. If you’re looking to get more for your dollar, Expedia recommends you consider China, Sri Lanka or Argentina

 

August 15, 2016 – Leading travel website, Expedia.com.au,has released its annual Expedia Value Tracker, showcasing the best value international destinations for Australian travellers[1].  

The report which is based on the performance of the Australian dollar against major global currencies, combined with the average cost of international flights and accommodation booked from Australia, has been developed to help Australians make smarter, more cost-effective travel choices.

Managing Director of Expedia Brand for Australia and New Zealand, Georg Ruebensal, commented on the value tracker: “Expedia’s Value Tracker is a useful guide for Aussies who are unsure of where to travel to next and who want to find the best value-for-money destination. Changes in the Australian dollar do not mean you need to cancel your next holiday. Instead, the answer should be to travel smarter by keeping an eye on currencies to give you the most value out of your trip. When considering where to go, we recommend to hunt around for deals, be flexible with your dates and bundle hotels and flights to stretch your Aussie dollar even further.”

To help Aussie travellers evaluate where they can get more bang for their buck, Expedia.com.au has compiled a list of the top value destination swaps suggesting where to travel to next.

1.   Swap Japan for China

Whilst Japan ranks highly on the top ten most popular international destinations for Australian travellers (ABS), Aussies looking for a value-for-money trip to East Asia should consider swapping the ski slopes of Japan for the ancient monuments in China, where the dollar value has seen 4% growth year-on-year (YOY) and the average cost of a flight from Australia to China decreased by 10%, to just $767. Thrifty travellers will also save on accommodation, where the average cost of a hotel was 37% cheaper in China than Japan, at $130 on average per night.

2.   Swap Hong Kong for South Korea

Money-conscious travellers looking for an Asian escape which merges modern cities and delicious authentic cuisine, may want to consider South Korea over Hong Kong. With the Australian dollar depreciating by 3% against the Hong Kong dollar, while remaining stable against the South Korean won, now is the time to visit.

Average flight prices from Australia to Hong Kong have increased by 12% YOY, compared to a more enticing 7% drop in average flight prices from Australia to South Korea. This means it was 24% cheaper to fly to South Korea from Australia, at $725, compared to a flight from Australia to Hong Kong’s pricier average of $950. Accommodation prices were also down in South Korea by 8%, to $133 on average per night and 38% cheaper when compared to accommodation prices in Hong Kong. Savvy Aussie travellers may be catching on, with a noticeable increase in demand of over 35% for travel from Australia to South Korea recorded during the first six months of 2016.

3.   Swap Brazil for Argentina

With prices sky-rocketing in Brazil thanks to some of the world’s best athletes hitting town, Australians should consider swapping salsa for tango and seek a South American adventure in Argentina. Offering great value-for-money, the Australian dollar has appreciated a massive 59% against the Argentine peso when compared to the same time last year. Travel from Australia to Argentina recorded a nearly 55% YOY increase in demand during the first six months of 2016, which coincided with over a 6% decrease for the average flight prices from Australian to Argentina, down to $1,662.

4.   Swap Singapore for Thailand

Travellers with a checklist of pristine beaches, delicious food and balmy tropical weather should consider Thailand over Singapore for better value. The stunning South-East Asian holiday spot offered hotel prices 50% cheaper, at $96 on average per night, when compared to Singapore’s $212 on average per night. Average flight prices from Australia to Thailand also increased by 8% for Singapore, compared to a slight drop of 2% for flights from Australia to Thailand. With the Australian dollar experiencing some growth against the Thai baht by 1%, and the Singapore dollar depreciating 3%, Aussie travellers are better placed to enjoy relaxing massages, yummy street food and cheap shopping in Thailand, that will also be easier on their wallets. 

5.   Swap Morocco for South Africa

Australians can consider trading camel rides in Morocco for safaris in South Africa, with average flight prices from Australia to Morocco increasing by a significant 23%, whilst prices for flights from Australia to South Africa falling 11% during the first six months of 2016. The Australian dollar has also appreciated by a notable 18% against the South African rand.  

6.   Swap Vietnam for Sri Lanka

With a number of new luxury resorts moving in, the island’s unspoiled coastal areas and lush landscapes are a great place to take advantage of the Australian dollar’s 5% growth against the Sri Lankan rupee. Hotel prices were also down by 14%, to $152 on average per night, alongside a 7% YOY drop in average flight prices from Australia to Sri Lanka, to just $576.

In contrast, Vietnam saw a decrease in value since 2015, with a whopping 29% surge in average flight prices YOY from Australia to Vietnam, making jumping on a plane to the popular South East Asian travel spot 13% cheaper than Vietnam.

7.   Swap Malaysia for Fiji

If you’re hankering for a tropical island escape, consider swapping Malaysia for Fiji, which saw a significant 15% decrease in average flight prices from Australia to Fiji to just $378, compared to Malaysia’s 10% increase. Within easy reach from Australia, Fiji is a picturesque paradise made up of more than 300 islands, meaning world-class diving and snorkeling is at your fingertips and won’t be breaking the bank.

8.   Swap Guatemala for Mexico

The Australian dollar has seen significant YOY growth against the Mexican peso at 14%, so travellers may opt for exploring ancient sites in Mexico over those in Guatemala. Average flight prices from Australia to Guatemala increased by 25%, with a flight from Australia to Mexico slightly cheaper by 2%, at $1,597. Accommodation prices also increased significantly in Guatemala, with a huge 26% increase in average nightly hotel prices, compared to Mexican rates which remained stable at $127 on average per night.

9.   Swap Chile for Peru

If you are looking to explore ancient South American culture, stunning landscapes and delicious South American cuisine, consider swapping Chile for Peru, which experienced a significant 18% drop in average flight prices from Australia to Peru, making it 7% cheaper at $1,607, compared to flights from Australia to Chile at $1,719. A hotel in Peru’s capital, Lima was also 19% cheaper than an overnight stay in Santiago, Chile’s equivalent, at $182 a night.

10.    Swap Indonesia for New Zealand

Just a 3.5 hour fight from Eastern Australia and boasting excellent ski slopes, beautiful scenery and plenty of adventure sports, it’s easy to understand why Australian demand for travel to New Zealand grew by over 15% YOY during the first six months of 2016. Aussies looking for an adventure closer to home may want to consider New Zealand over Indonesia, with average flight prices from Australia to New Zealand dropping by 9% to an affordable $252, 11% cheaper than a flight from Australia to Indonesia, during the first six months of 2016.
 

ENDS

 

For further information, interviews or images please contact:

Melanie Wellington, Expedia Brand

Email: mwellington@expedia.com.au

Notes to Editor

 

About the Expedia Value Tracker

  • The Expedia Value Tracker measures the exchange rate of the Australian dollar against global currencies, examines YOY foreign exchange movements for global currencies and the average cost of international flights and accommodation booked from Australia for period of 1 January – 30 June 2016. YOY data is compared to the same time period for 2015.
  • Average hotel prices are based on the average daily rate for hotel bookings on Expedia’s Australian website in the period 1 January – 30 June 2016 for the described destinations and average YOY changes is calculated for the same time period for 2015. Prices shown are in Australian dollars, booked on the Australian site and are not the rates currently displayed on the site. Rates are subject to accommodation and date selections made.
  • Average flight prices are based on the average flight ticket price for all ticket fare types on Expedia’s Australian website in the period 1 January – 30 June 2016 for the described destinations and YOY changes are calculated for the same time period for 2015. Prices shown are in Australian dollars, booked on the Australian site and are not the rates currently displayed on the site. Rates are subject to flight and date selections made.
  • The exchange rate was sourced from a third-party source (X-Rate) at 30 June 2016. Percentage changes are calculated for the period of 1 January – 30 June 2016 and for the same time period for 2015.
  • Top international destinations sourced via ABS data

About the Expedia group

The Expedia group (NASDAQ: EXPE) is the world’s largest online travel company, with an extensive brand portfolio that includes leading online travel brands, such as:

  • Expedia.com®, a leading full service online travel company with localized sites in 33 countries
  • Hotels.com®, a preeminent global lodging expert operating in more than 65 countries and 35 languages with its award winning Hotels.com® Rewards loyalty program
  • Orbitz Worldwide, including leading U.S. travel websites Orbitz.comand CheapTickets.com,as well as ebookers, a full service travel brand with websites in seven European countries
  • Expedia® Affiliate Network (EAN),a global B2B business that powers the hotel business of leading airlines, top consumer brands, online travel agencies and thousands of other partners through its API and template solutions
  • trivago®, a leading online hotel search with sites in 55 countries worldwide
  • HomeAway®, a global online marketplace for the vacation rental industry, which also includes the Abritel, FeWo-direktand BedandBreakfast.combrands, among others
  • Egencia®, a leading corporate travel management company
  • Travelocity®, a leading online travel brand in the U.S. and Canada delivering customer service when and where our customers need it with the Customer 1st Guarantee
  • Hotwire®, inspiring spontaneous travel through Hot Rate® deals
  • Expedia® Media Solutions, the advertising sales division of the Expedia group that builds media partnerships and enables brand advertisers to target a highly-qualified audience of travel consumers
  • Wotif Group, a leading portfolio of travel brands including Wotif.com®, Wotif.co.nz, lastminute.com.au®, lastminute.co.nzand travel.com.au®
  • Classic Vacations®, a top luxury travel specialist
  • CarRentals.com, a premier online car rental booking company with localized sites in 13 countries
  • Expedia Local Expert®, a provider of online and in-market concierge services, activities, experiences and ground transportation in hundreds of destinations worldwide
  • Venere.com™, an online hotel reservation specialist in Europe
  • Expedia® CruiseShipCenters®, a provider of exceptional value and expert advice for travelers booking cruises and vacations through its network of over 220 retail travel agency franchises across North America

For corporate and industry news and views, visit us at www.expediainc.comor follow us on Twitter @expediainc.

Trademarks and logos are the property of their respective owners.  © 2016 Expedia, Inc.  All rights reserved.  CST: 2029030-50


[1] Flight and hotel prices are based on rates for the first half of 2016

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