The value of the exchange rate is impacting upon the decisions of many Britons when it comes to choosing a holiday destination, one source has said

The value of the exchange rate is impacting upon the decisions of many Britons when it comes to choosing a holiday destination, one source has said.

Julian Neal, global marketing director at Travelex, said people are increasingly switching to long haul in a bid to save money during the current economic difficulties.

“Australia and South Africa are both long haul destinations where the pound has been performing well over the past couple of months,” he recommended.

Meanwhile, fewer people are opting for travel in America and some destinations in Europe as the value of the pound slumps against the dollar and the euro.

In related news, Dumisani Ximbi, mayoral committee member for safety and security in Cape Town, recently said that over a million people are expected to visit the city from November 2008 to January 2009 for South Africa’s peak travel season.

He added that its profile is being raised as host of the 2010 football World Cup.

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