Kiwis cashing in on UK holidays

15 February 2012

Kiwis taking off to London this year may be in line for the UK holiday deals of a lifetime. Flight Centre New Zealand’s general manager of product, David Coombes, said the combination of cheap airfares and a strong dollar meant UK holidays were currently more affordable than ever.

London_eye

“In terms of affordability, there has probably never been a better time to travel to the UK or Europe. Airfares are now significantly more affordable for the average worker and the strong dollar is putting more pounds into New Zealand travellers’ pockets.

“At last week’s exchange rates, a traveller converting NZ$5,000 into British pounds would have received about GBP2,635.

“Just five years ago, that traveller would have only received about GBP1,750.

“The extra GBP885 today’s traveller receives can be close to the cost of a return airfare.”

Mr Coombes said travellers were capitalising on the strong dollar by exchanging currency now, rather than on the eve of their departure.

London

“Our foreign exchange business, Flight Centre Travel Money, is experiencing stronger than usual demand for pounds and Euros, with many travellers looking to cash in now rather than taking the chance and waiting until closer to their holidays.

“If you believe the dollar is going to decrease in value against the pound or Euro, this is a sensible approach.”

“Flights have effectively been immune to the impacts of inflation, which has delivered greater value to travellers.”

“While we don’t see major changes in airfare prices on the horizon, oil is the obvious wildcard. Significant increases in oil prices will inevitably be passed on to travellers.”

Topdeck3

 

  PRICE IN GBP NOW
FEB 2012
(1 NZD = 0.53 GB)
THEN
SEPT 2007
(1 NZD = 0.35 GBP)
Beigel Bakery Bagel £1.60 GBP $3.031 NZD $4.57NZD
M.A.C Lipstick £13.50 GBP $25.57 NZD $35.71 NZD
Nike Free Running Shoes £90.00 GBP $170.51 NZD $257.14 NZD
One night accommodation London £120.00 GBP $227.33 NZD $342.85 NZD
Dinner at restaurant £80.00 GBP $151.55 NZD $228.57 NZD
London Dungeon Adult Entry £24.00 GBP $45.46 NZD $65.71 NZD

Looking for cheap UK/Europe holidays, cheap flights to London, or cheap airfares to the UK or Europe? Contact Flight Centre travel expert at one of 135 Flight Centre stores nationwide. Phone 0800 24 35 44.

Flight Centre NZ

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