Travel company On the Beach said UK holidaymakers were flocking to Turkey and Egypt to take advantage of favorable currency exchange rates.
And the travel company stated that the number of reservations that the company received on summer trips to those destinations exceeded double its levels from 2019, before the Corona virus pandemic.
This was partly attributed to the fall in the value of the Turkish lira and the Egyptian pound against the pound sterling during that period, according to what was reported by the newspaper “The Independent”, which was viewed by Al Arabiya.net.
The report indicated that the exchange rate of the Turkish lira has collapsed against the British pound, from about 8 to 34 pounds per pound now.
While vacationers visiting Egypt can now get nearly twice the number of local currency for every pound sterling, compared to what it was before the Corona pandemic.
The company also pointed to the sharp rise in flight capacity which has driven higher demand for vacations in Turkey.
It said there were 1.2 million more seats on flights from the UK to Turkey this year compared to 2019, according to the tour operator.
Annual flight capacity is expected to grow by another 1.6 million seats by 2025.
And Heathrow Airport announced on Friday that July was its busiest month ever for departures to Turkey, with more than 73,000 people flying into the country.
The airline, Jet2.com, recently revealed that its flight program to Turkey is three times larger than in 2018.
Known for its blue waters and stunning coastline, Antalya is the most popular Turkish location among On the Beach clients, while Hurghada on the Red Sea leads the way for Egypt bookings.
“The destinations to watch out for are Turkey and Egypt,” said Zoe Harris, chief client officer at On the Beach.
