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Thomas Cook Cost of Living Index
Wednesday, May 26, 2004
Goa, the Dominican Republic, Bulgaria and Tunisia are the best bets this summer for people who like to watch their spending money. The 2004 Thomas Cook Cost of Living Index reveals that the cheapest places to stay this year are a broad mixture of long-haul and Eastern European destinations.

The euro has brought prices across Europe a little higher this year, but prices in all destinations are still significantly cheaper than in the UK. Thomas Cook has found that holidaymakers in euro destinations like Greece are increasingly opting for all-inclusive holidays, so that all drinks and meals are already paid for and won’t pile the pressure on their pockets.

The cheapest European countries to holiday in are Turkey, Bulgaria, Croatia and Spain. A bottle of beer in Bulgaria will set you back just 90p, or
Theodore Koumelis - Wednesday, May 26, 2004
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Vicky Karantzavelou - Thursday, August 17, 2006
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How do you expect luxury travel to perform in times of economic downturn?.

Providers of luxury travel products are going to witness shorter stays by their customers and an increase in seasonality.

People are going to become more value conscious and will opt for those luxury offers that represent a convincing value-for-money proposition. Providers of overpriced services are those to feel the pinch.

Both people paying for their personal trips and firms paying for their top executives' business trips will cut back on travel expenses, thus affecting all luxury travel providers.

It is going to be business as usual. Those people opting for high-end travel products are not going to be affected by the looming crisis.

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