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Cheapest destinations for holidays in 2024

Cheapest Destinations For Holidays in 2024

Explore some of the cheapest destinations for holidays before you book up for 2024.

If you’re trying to plan a getaway in the middle of a cost of living crisis, our guide to the cheapest destinations for holidays will help you to get the best value from your break.

A holiday gives us time to recharge our batteries and priceless time with our loved ones. None of us wants to be priced out of those memories, so let’s look at some holiday destinations where your holiday budget will go a bit further in 2024.

Cheapest destinations for holidays in Europe

Short-haul flights and plenty of holiday resorts can make Europe a cheaper and more convenient option for a bargain break. Of course, prices can vary dramatically around the continent, so let’s dig out some of the cheapest destinations for holidays in Europe.

Marmaris, Turkey

Sitting at the eastern edge of Europe and spanning into Asia, Turkey offers some of the best value holidays in Europe. Popular resorts such as Marmaris and Bodrum offer great value. While many of the most cost-effective choices are package holidays, cheaper DIY holiday options are also available. With an evening meal costing only around £6.50, you can live cheaply while you’re away.

Lisbon, Portugal

Planning a trip to a capital city might sound like you’re heading deep into your overdraft rather than off a cheap holiday. But that doesn’t have to be the case. City breaks can still be among the cheapest destinations for holidays, at least in the case of Lisbon. The Portuguese capital offers great value when it comes to hotel rooms and eating. It’s also well-served by affordable flights from multiple budget airlines.

Sunny Beach, Bulgaria

The knowingly named Black Sea resort is another of Europe’s cheapest holiday destinations. Although prices have risen in the last couple of years, it still offers a wide range of wining, dining and, erm, paragliding options at very reasonable prices. You can pick up a cup of coffee for less than £1 and a bottle of local beer for less than £2.

Algarve, Portugal

Another Portuguese destination. This time it’s the beaches, surf and golf courses of Algarve rather than the city sights of Lisbon. Similar to Bulgaria, prices have risen in recent years but there are still bargain holidays to be snapped up. A cup of coffee is just 81p, while there are plenty of accommodation options available.

Prague, Czech Republic

If you’re happy to swap sand dunes for the Danube for your holiday in 2024, the Czech capital makes for a cheap holiday destination. This has attracted a stag-do crowd over the years, but there’s much more than that to Prague. This cultured central European city will serve up a very reasonable vacation in comparison to many city breaks.

Tallinn, Estonia

It’s a similar story to Prague for Tallinn, where low-cost flights and decent prices have proved popular for stag and hen weekends. But there is lots of other stuff happening in this vibrant, modern city with an attractive, cobbled old town. Alcohol isn’t cheap compared to some of the cheap holiday destinations we’re featuring, but the cost of living is affordable.

Costa del Sol, Spain

The archetypal package holiday destination and there are still great bargain holidays to be found in the Spanish resorts of Costa del Sol. Top destinations include Marbella, Malaga, Torremolinos and Benalmadena. In fact, the large number of hotels available helps to keep costs down, while you can snack cheaply on tapas.

Bamburgh, UK

Who said you had to leave the country to find the cheapest destinations for holidays in Europe? Instantly wipe out the cost of flights with a holiday in Bamburgh. This scenic Northumbrian resort is dominated by a beautiful sandy beach and its impressive Norman castle. It has been picked out by Which? magazine as one of the best value holiday destinations in the UK.

Cheapest destinations for holidays outside Europe

Travelling outside Europe might mean spending a bit more on flights. But it’s possible you’ll be able to recoup the difference and more with cheaper holiday accommodation, food and drink once you arrive. Let’s head a little further afield to explore the cheapest destinations for holiday outside of Europe.

Cape Town, South Africa

Cape Town is one of the few holiday destinations where prices have actually fallen in recent years. And it was great value to begin with. The South African city offers a beautiful coastline of beaches, mountains (including the iconic Table Mountain) and much more. You can also pick up a beer for around £1.60, which makes it the cheapest holiday destination if you fancy a tipple or two.

Mombasa, Kenya

Another African holiday destination, Mombasa is an historic coastal city with an attractive old town and beautiful white-sand beaches along its coastline. With an evening meal costing only around £5.50, you’ll be able to fill up cheaply after a day on the beach or encountering the local wildlife on safari.

Hoi An, Vietnam

There are plenty of options in the area, but among the cheapest destinations for holidays in South-East Asia is Hoi An in Vietnam. Although there’s a long-haul flight to take into consideration, the cost of living is incredibly cheap. Food, drink and accommodation all offer very good value. Even a stay in a top hotel won’t break the bank.

Sharm el-Sheikh, Egypt

A popular winter sun option and a favourite with families looking just beyond Europe for a package holiday, Sharm el-Sheikh is also among the cheapest destinations for holidays in 2024. The Egyptian resort offers sandy beaches, water sports activities and close proximity to the Sinai Desert for camel rides and outdoors adventures.

Kuta, Bali 

Another long-haul journey but once you’ve got yourself to the tropical Indonesia holiday island, you’ll find there is a wide range of high-quality hotels at good prices and lots of cheap eating options (an evening meal will costs around £6.50 or you could just opt to street snacks for an even lower outlay). Even more impressive that that are the beautiful beaches and incredible scenery.

Colombo, Sri Lanka

With affordable accommodation, reasonably priced local beer and very cheap travel options, there’s a lot to be said for the Sri Lankan capital. You can book a very nice hotel in Colombo for less than £50 a night. And that’s before we even get to the beautiful white beaches, tasty crab curries and beautiful scenery.

Cheapest destinations for holidays in 2024: top pick

Our overall top pick of the cheapest destinations for holidays in 2024 is Cape Town. The South African city has always been there or thereabouts as a beloved long-haul destination for British holidaymakers.

Given that it’s currently bucking the trend and has actual become better value in the past year or two, it’s the obvious choice as our favourite of all the cheapest destinations for holidays we’ve looked at.

Cheapest destinations for holidays FAQs

What makes a cheap holiday destination?

The factors include the cost of flights, the cost of accommodation, the cost of transport, the cost of food and drink, and the cost of sightseeing and other activities.

When considering the cheapest destinations for holidays in 2024, it’s worth thinking about the sort of holiday you want to have. What you will be spending money on while you’re away? For example, if you know you’ll be having a drink most nights, the price of alcohol could make an otherwise cheap destination and expensive choice for your holiday.

Similarly, if you know you’ll want to go out any explore local restaurants, a cheap all-inclusive deal might end up being more expensive than it should be.

Is it cheaper to go short-haul or long-haul?

That will totally depend on the price of your flights and what you want from your holiday. If you can drop on a good deal for flights, flying long-haul will open up a lot of destinations where your holiday expenses will be much lower.

On the other hand, if you’re just looking for a fly-and-flop break, cheap short-haul flights will probably offer better value.

Where to book our cheapest destinations for holidays

There are lots of options for booking a cheap holiday for 2024. You could book a package deal with your local travel agent or an online travel operator. You might prefer to use Skyscanner or a similar service to find cheap flights, then find accommodation via Booking.com or Airbnb.

If you’re not too fussy about where you end up, you could wait until the last minute and pick up a bargain break.

Whichever option you go for, happy booking and we hope you have a great, affordable holiday to look forward to in 2024.

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