EXCLUSIVE: The best travel bet according to Perry
The Aussie dollar is a hot topic, and a big player in the travel game.
But with a number of destinations pegged as ‘too expensive’ for Aussie travellers, Cox and Kings’ ceo Damian Perry believes Europe is the best place to get bang for your buck.
Against the Euro, the Aussie dollar is holding strong, and when comparing product prices overseas today to last year, Europe looks like the best option.
While the product pricing in the US and UK has risen 25% and 18% respectively from August 2014 to July 2015, European prices have risen less than 3%.
And Perry says this is key for driving new travel trends, particularly with Europe Earlybird sales coming up.
“The greatest challenge for the travel industry at the moment is to decouple the dramatic 23% currency change in the USD /AUD from a minor Euro / AUD differentiation of less than 3%,” he said.
“Often travellers from Australia benchmark their spending capacity to the exchange rates of the GBP and USD. Both of these currencies have had dramatic changes of late and the follow-on impact is, of course, the more conservative buyer behaviour.
“However; this minor change in the Euro to the AUD represents the best market opportunity and greatest value for travellers currently. In addition to the ongoing competitive flight offers in the market Europe alone can deliver the best offers to travellers.
“Smart travellers are shortening their booking to travel period to take advantage of these offers and travelling early as we are seeing an abnormally high late season Europe bookings. Our core programs such as Greece and Turkey, France and Italy are growing strong with an overwhelming request for 2016 Europe pricing.”
“To support our Australian market our Spain program is honouring all early bookings to Spain on 2015 prices which is assisting that particular portfolio.
In addition to the core Europe program we are seeing overwhelming demand for our new and broader range of Bentours Scandinavian program. Our new pricing structure is delivering best to market rates on this region including popular product such as the Hurtigruten range supplied by Bentours.
“The new pricing structure and launch of our first in a series of 2 Bentours brochures to market, industry incentives; but primarily best to market rates are delivering month on month growth beyond 50%.
“It’s a very exciting time for Europe.”
Email the Travel Weekly team at traveldesk@travelweekly.com.au
@australia cox and kings europe uk usaLatest News
Etihad Airways launches double-decker service with world’s only in-air three-room suite
Etihad Airways flight EY1 from Abu Dhabi to New York arrived at JFK Airport on Monday, 22 April, heralding the start of the airline’s A380 double-decker service featuring The Residence, the legendary, three-room suite in the sky. After a celebratory send-off in Abu Dhabi, Etihad pilots waved the US and UAE flags from the cockpit […]
Norwegian Cruise Line launches 2024 Europe travel season
Norwegian Cruise Line (NCL) has launched its 2024 Europe travel season. During this northern hemisphere summer travel season, guests embarking on NCL cruises in Europe will have the opportunity to choose from 101 distinctive itineraries with 38 roundtrips and 63 sailings, calling in at 140 ports across Northern Europe, the Mediterranean, Greek Isles and the […]
“The power of travel for positive change” – Intrepid’s Jenny Gray hails controversial all-women Saudi Arabia trip
Intrepid made headlines earlier this month when it announced an all-female trip to Saudi Arabia. The 12-day tour offers adventure-seeking women the chance to explore the country’s hidden gems while supporting female-led businesses in the region. It was designed in partnership with Sara Omar, a Saudi mother and keen traveller. (Lead Image: Jenny Gray, senior […]
Princess names the Sun, unveils Sanctuary Collection + Star Princess to Alaska in ’26
A huge bottle Veuve was smashed into the side of the ship to make things official. So no, we couldn't snag a glass.
Collette special offers across peak northern summer season
Global tour operator Collette has announced a series of special offers on selected dates across a range of tours in the peak northern hemisphere 2024 summer season. Greece The offers include ‘Greece & Its Islands’ features classics such as the Parthenon as well as the picturesque islands of Mykonos and Santorini. A saving of $700 […]
Air India and All Nippon codeshare between the two countries
Air India and All Nippon Airways have signed a codeshare agreement connecting their networks. The new commercial partnership will provide more travel opportunities for customers of both India’s leading global airline and the largest Japan’s largest carrier. Effective from 23rd May, the Air India and All Nippon Airways agreement will see passengers fly to their […]
A&K offers minimum 18 weeks paid parental leave
A&K Travel Group will now provide a minimum of 18 weeks paid parental leave for both care-givers, setting a new standard for the travel industry. By providing 18 weeks of paid time off for all new parents, regardless of gender, A&K Travel Group is not only enabling parents to spend valuable time with their newborns […]
NH Hotel Group rebrands as Minor Hotels Europe & Americas
Hang around the bends of the hotels. We imagine they will be full of a lot of branded content.
Scenic Eclipse II – the business of creating unforgettable life-changing memories
These cruise brothers from another mother offer a view of cruising on Scenic Eclipse II that is poles apart.
MSC builds new hospital ship with Mercy Ships
If you want to read a story that puts a smile on your face then this is the one for you.
“I peed on myself watching this” – Social media users squirm at Royal Caribbean’s Harmony of The Seas 55ft dive video
TW is not responsible for any involuntary actions your body might have after watching this video.
FLIGHT REVIEW: Qantas Boeing 787 Dreamliner business class
The real bonus is you're unlikely to be around screaming children. Hoorah!
Traveltek offers travel agents new rapid deploy cruise website
As always, if you have any issue with the platform, just turn it off and on again.
Experience whale watching & classical music at the Australian Festival of Chamber Music in Townsville
Disappointedly, the whales do not start singing in tune with the orchestra. Opportunity missed.
Fond, very Fond. London hotel famed for James Bond link adds ‘Classic Comforts’ lunch menu
James Bond author Ian Fleming was so fond if this hotel, it inspired the legendary phrase ‘shaken, not stirred’.
What sets Eclipse Travel apart with Africa expert Hilary Dubyk: Travel Weekly TV
If you want to know more about Africa, then Hilary Dubyk is your person.
Surge in Australians visiting Japan
Feel like all of your friends have just returned from Europe? Now it's Japan.
Seabourn announces Western Kimberley Traditional Owners as Godparents of Seabourn Pursuit
Seabourn has named Western Kimberley Traditional Owners, the Wunambal Gaambera, as Godparents of the ultra-luxury purpose-built Seabourn Pursuit. It is the first cruise line to appoint Traditional Owners as godparents of a ship. Seabourn Pursuit embarks on its inaugural season in the Kimberley region this June. The naming ceremony will take place on Seabourn Pursuit’s […]
Sydney named 17th best place to work remotely
If you struggle to get a seat within Sydney's coffee shops, you now know why.
W Melbourne grows sales team
We appreciate the thought that has gone into this team photo.
Cunard welcomes new ship Queen Anne
This might be the most impressive ship handover in ship handover history.
Intrepid Travel appoints Yvette Thompson as general manager sales & marketing ANZ
It isn't end-of-day Monday and Yvette Thompson has already nabbed herself an impressive promotion.
Anna Fawcett re-joins Global Touring in newly-created APAC role
With such an impressive CV, Global Touring is no doubt thrilled to have Fawcett back.
“We know our response has been far from perfect” – Emirates’ open letter following Dubai flooding
If you also need to write an apology letter, then this is a pretty good template.
Malolo Island Resort opens brand new Spa
Fiji’s Malolo Island has added another string to its bow – opening its $1.3 million day spa on Thursday, 18th April 2024. (Lead Image: matriarch Rosie Whitton with spa staff) Located at the edge of the resort’s luscious patch of tropical rainforest, the new “Leilani’s Spa” adds another level of elevated experiences to Malolo’s already […]
Virgin Australia’s HILARIOUS second instalment of the ‘Bring on Wonderful’ campaign
We don't use the word 'hilarious' lightly, but this is worthy of the title.
Visit Sunshine Coast reveals new brand identity
If you were looking for another reason to visit the Sunshine Coast then this is it.
Sofitel launches brand campaign starring Sex Education’s Gillian Anderson
We can confirm the content of this video is less spicy than Sex Education.
Holland America Line gives agents the chance to visit Alaska on 11-day Famil
If you've ever wanted to see a Polar Bear (and who doesn't?), now is your time.
More than 65 luxury agents gather in Sydney for Best of the Best dinner
This looks like a fabulous do. We imagine there may be a few (or maybe 65) sore heads this morning!
Globally-renowned chefs gather for Vivid Food 2024
As a human, we agree that food is a fundamental part of the human experience. Some might say the most fundamental.
Air New Zealand returns to Hobart and Seoul
If you notice an uptick in Kiwis making their way through the Mona, you know why.
European Waterways targets multi-generational families with ‘floating villa’ deal
The jury is still out on whether spending a week on a 'floating villa' with family is a hell or a paradise.
Luxury Escapes launches ‘sail away’ sale
Rest assured, you'll be getting your 'sails' and 'sales' mixed up for the rest of the day.
Rex-owned National Jet Express adds weekly charter between Brisbane and Orange
This is for mining and civil contractors, so please, put your holiday attire away.
Let the games begin. Viking introduces eye-watering benefits for the industry’s top 10 advisors
Did someone say 'trip to Venice'? Hold my coat, this one is far too good to miss!