News

Japan offers best value for Aussie travellers

Japan is the destination offering Australians the best value for money for the second year in a row with a growing number of travellers taking advantage of the favourable exchange rate, according to Expedia.

The 2014 Expedia Foreign Exchange Index showed that, despite a recent weakening of the Australian dollar which has seen it fall to a three and a half year low against the US dollar, its value increased by 2.3% against the Japanese Yen.

The website also revealed that interest in Okinawa and Hokkaido had grown by 50% in 2013 demonstrating rising interest in the destination that was once considered expensive. Japan National Tourism Organisation reinforced the reports of rising interest levels, with 2013 a record year for Australian arrivals as numbers climbed 18.5% on the previous year.

Meanwhile, the Index showed that the Aussie dollar fell against the currencies of 13 of the top 15 destinations for Australian travellers. It declined 15% against the US dollar and 17% against the British pound.

But Expedia Australia and New Zealand managing director Georg Ruebensal stressed that the decline is not deterring Aussies for travelling overseas.

“However, Aussies need to be smart as their purchasing power is impacted,” he said.

“There are still plenty of places both close to home and further afield that provide great value. While it’s great to see Japan is still offering the best value for money, it’s exciting to see other destinations like Indonesia, Brazil and Canada becoming more affordable.”

He advised travellers to keep a “close eye” on exchange rates, search for deals and be flexible with dates.

Check out Expedia's list of the top destinations based on the purchasing power of the Australian dollar against other major currencies in 2013:

Rank

Country

Local currency

AUD percentage gain YOY

1

Japan

Yen

2.3%

2

Indonesia

Rupiah

7.0%

3

Brazil

Real

-2.0%

4

Canada

Dollar

-8.5%

5

Thailand

Baht

-8.6%

6

New Zealand

Dollar

-13.9%

7

Vietnam

Dong

-14.1%

8

Singapore

Dollar

-12.2%

9

United Arab Emirates

Dirham

-15.1%

 

10

USA

Dollar

-15.1%

11

Europe

Euro

-18.6%

12

UK

Pound

-16.7%

13

China

Renminbi

-16.7%

14

Hong Kong

Dollar

-15.1%

15

Malaysia

Ringgit

-28.1%

 

SEE WHAT PEOPLE ARE SAYING

Comments are closed.

Hotels

Big Fat Hotel Wrap

by Vanessa Bussoletti

There are three things we read religiously at Travel Weekly – Economist, The Monthly & the weekly Hotel Wrap. And even those first two are a lie.

Share

CommentComments

Cruise

Getaway celebrates birthday with major giveaway

Getaway is celebrating its 25th birthday by teaming up with Scenic for the ultimate travel prize. No, Catriona Rowntree won’t be accompanying the winner.

Share

CommentComments

Destinations

7 Tips to Tackle Hong Kong for Rugby Sevens

by Amy Bryant

We’d be totally behind the Rugby Sevens if we had even the slightest understanding of what it was. Then again, we didn’t know what a telegram was either.

Share

CommentComments

Travel Agents

Travel insurance closes the gender gap

by Hannah Edensor

This business is offering female travellers discounts that reflect the gender wage gap, and we’ve already popped the champers to cheers this move.

Share

CommentComments

Aviation

Brexit already damaging travel industry: Branson

by Hannah Edensor

Sir Richard Branson has been in the news a lot lately, and today he’s raking Brexit over the coals. Although no actual coals were involved.

Share

CommentComments

Destinations

Tourists trapped on Whitsundays with dwindling supplies

The chaos caused by Cyclone Debbie isn’t over yet, with airlines and hotels working to help travellers evacuate the severely damaged region.

Share

CommentComments

Tourism

What the Aussie travel landscape looks like right now

by Hannah Edensor

Work in travel? Haven’t the foggiest where it’s heading? Then this will be like a de-fogging machine to the mind.

Share

CommentComments

Tourism

NSW tourism industry down 10,000 jobs

A new report is suggesting we’ll be 10,000 jobs short of a full house by 2020. Not that we’re looking for card players or casino workers, however.

Share

CommentComments

Hotels

The Scoop on Hyatt Regency Sydney’s Launch Party

by Amy Bryant

We love a good party, we once attended one we weren’t even invited to. By once, we mean often.

Share

CommentComments

Travel Agents

Beauty and the Beast captivates industry

We were singing along to ‘Tale as Old as Time’ at the top of our lungs until a staff member quietly asked us to leave.

Share

CommentComments

Destinations

Explore Hong Kong aboard a Restaurant Bus

If you love exploring the wonders of our planet and sitting your butt firmly on the couch, then this new attraction merges your two passions.

Share

CommentComments

Cruise

Big Fat Cruise Wrap

This cruise wrap is coming to you from the balcony suite of a ship in the Pacific. Just kidding, it’s from our desk strewn with snacks and coffee cups.

Share

CommentComments