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5 Most Affordable Travel Spots

For the value-hunting traveler, we’ve assembled some travel ideas with the help of professionals and economists who know what’s trending. While there may be other, more affordable destinations overall, these five are the best values in travel right now.

Mexico

Advance bookings to Mexico for the Legacy Travel agency are their strongest in 15 years, according to its Vice President, Catherine Banks. The peso’s been weaker and inflation low in recent months, according to Forex.com Senior Currency Strategist Eric Viloria. So your money should stretch out quite a bit.

Thailand

Eager to regain tourism lost to the political unrest and flooding of 2011, Thailand is closing itself out at rock-bottom prices. That means even cheaper accommodations at the lower ends. The Australian dollar goes over 100 percent further in Thailand than at home, according to The Economist’s Big Mac index, and the euro and U.S. dollar rate almost as favorably.
Myanmar (Burma)
The Republic of the Union of Myanmar could have picked a more profitable time in world economic history to open itself to outsiders, but its delayed departure from despotism is the traveler’s gain. This is the cheapest Myanmar will ever be. It has a fixed rate of 6.4 kyat per U.S. dollar to a floating rate of over 800 kyat per U.S. dollar. However, Myanmar is still largely cash-only.


Egypt

Tasteless as it may sound, the Arab Spring may have enabled your spring break, driving down demand and prices right along with it. The drop in demand has another benefit: smaller crowds. The Egyptian pound is sinking like a stone in recent futures trading, foreshadowing a devaluation of up to 50 percent or more.

Greece

All of the turmoil in Greece has weakened tourist demand and, in turn, prices — for the present — but it’s uncertainty about the future that’s really driving down travel costs. The euro fell to a 16-month low against the US dollar earlier this year, a trend that Viloria sees continuing as debt concerns mount.

Let’s ask the avid travelers this time — are there other great but affordable travel destinations that you know of? Invite the readers to try them out!

 

Source: CNN Go

Image: About.com

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