With sterling having slumped dramatically against the US$ and Euro over recent weeks, many UK holidaymakers have had second thoughts about travelling to the states or skiing in Europe this winter.
There is some good news for anyone looking to get away from the cold this winter though: the South African Rand (ZAR) has fallen even more sharply than sterling due to the collapse in demand for raw materials from South Africa’s mining sector. This means that whilst last year visitors were getting around ZAR13.5 to the GBP, in recent weeks this has been as high as ZAR19.0 to the GBP and is currently sitting at around ZAR 15.0 to the GBP.
The net impact of this is that a ZAR 1,500 room would have cost £111 in 2007 now costs £100 – a saving of 10%! Contrast this with the position with US$ prices where a US$200 room would have cost £100 last year and now costs over £130 (a 30% increase), and we can see why last minute booking to South Africa have been so strong over the last month or so.
There are also a lot of special offers available at the moment, including offers for the December /January period and these can offer savings of over 30% on the published price, which when combined with the preferrential exchange rate makes them look very attractive indeed!
There is still some availability over December and the Christmas & New Year Period, and anyone looking to get away in January currently has a wide selection of places available and several special offers to choose from.
[…] Weak Rand Encourages Last Minute Travel To South Africa | African …This entry was posted on Friday, November 28th, 2008 at 7:16 am and is filed under African Safari, South Africa, Travel News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback … […]
Pingback by Victoria-Falls » Fish River Canyon, Namibia, Africa — November 28, 2008 @ 12:50 pm
…of course, the falling cost of the Rand is is even more marked for people from the US or Eurozone.
The changing exchage rates for the US$ to the Rand, for example, means that Rand prices are now around 40% lower in dollars than they were last year!
Comment by PaulCampbell — November 28, 2008 @ 1:41 pm
[…] Rand at a time when it has been losing ground to the Euro and US dollar, and this has meant that South Africa is one of the few places in the world where it is actually cheaper for Brits to visit t… compared to […]
Pingback by The Pound Continues To Hold Up Against The Rand | African Safari and Travel News — December 11, 2008 @ 3:37 pm