Exchange rates influencing travel choices

Economic pressures mean that a growing number of British travellers are checking the exchange rate before choosing their destination.

In a survey of holidaymakers conducted by the Telegraph last month, almost half admitted that exchange rates have become an important factor in deciding where they travel to.

This is because pound sterling is currently experiencing unprecedented falls against the world's other major currencies, making holiday destinations which were previously 'good value' less appealing to travellers.

As a result, countries where the pound has not seen major drops are growing in popularity, with Turkey one of main beneficiaries.

The Telegraph reports that Turkey's tourism industry enjoyed its "best ever summer" this year, as UK holidaymakers are attracted to a country where the pound has fallen by just 5% so far.

Shelter Offshore recently highlighted Turkey's growing status as a property investment destination, which has been boosted by the international profile of Istanbul.

Visit our off-plan property Turkey page.
 

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