Credit Crunch BreaksCredit Crunch Breaks

By Chris Leadbeater

The Credit Crunch has left us all feeling the pinch - but few of us are willing to give up our holiday. Luckily, with these recession-travel-friendly places, you don't have to…

BEST FOR CULTURE VULTURES: USABEST FOR CULTURE VULTURES: USA

New York

Why go? While the dollar has certainly dropped away from the gold-rush exchange rate of over two to the pound that it touched in 2007, America remains good value for British tourists - considerably more so than Europe. And happier still, some of the country's finest sights come for free. The best way to see New York is simply to walk and soak up the atmosphere - down Broadway, across the Brooklyn Bridge, through Central Park. And for Boston, a stroll along the Freedom Trail - the red-brick line that links the city's key sites - will only cost you in shoe leather. And the twinkling lights and heady casinos of Las Vegas are far more fun as casual observer than high roller.
Stay: Big cities don't have to mean big hotel bills. Try the three-star Comfort Inn Manhattan, in the shadow of the Empire State Building. The mid-range Doubletree Hotel is in the heart of Boston's Theatre District. And while the Stratosphere may not have the cachet of some Vegas hotels, its 1,150ft tower has a super view of the Strip.
Crunch the Credit Crunch: Save money on sight-seeing with a city pass. New York and Boston both have them.

BEST FOR SCENERY SURFERS: SOUTH AFRICABEST FOR SCENERY SURFERS: SOUTH AFRICA

South Africa

Why go? The African continent's southern-most country has long been a magnet for price-conscious UK tourists. The cost of holiday meals and drinks is a good two thirds cheaper than at home, and the exchange rate has proved curiously impervious to the current financial climate. You can get over 14 Rand to the pound - which, incredibly, is a better deal than in 2007. Then, of course, you have some spectacular scenery - the beautiful city of Cape Town, dwarfed by and in the shadow of Table Mountain; the tapering vineyards of the Eastern Cape winelands; the road-trip heaven of the Garden Route; the lofty peaks of the Drakensburg Escarpment; and the impressive wildlife of Kruger National Park.
Stay: The four-star Fountains Hotel occupies a prime spot in central Cape Town. The three-star Hippo Hollow is a budget base for exploring Kruger. The similarly-rated Knysna Hollow Country Estate sits in one of the Garden Route's most lovely towns.
Crunch the Credit Crunch: If in Kruger, opt for a sunset or night game drive. Prices are often cheaper than in the day.

BEST FOR LONG-HAUL ESCAPE ARTISTS: MALAYSIA AND THAILANDBEST FOR LONG-HAUL ESCAPE ARTISTS: MALAYSIA AND THAILAND

Thailand

Why go? The steamy climes of south-east Asia have traditionally howled a siren call to bargain-chasing travellers, from road-weary backpackers to those merely seeking a cheap getaway in a distant part of the world. And while sterling has suffered a little in relation to the Thai Baht and Malaysian Ringitt, both countries still offer real bang for your, erm, pound. The attractions are myriad. Thailand has the first-rate shopping and wild nightlife of Bangkok, the soft beaches of Phuket, the caves and waterfalls of Krabi Province. Malaysia has the enticing modern metropolis of Kuala Lumpur, the delicate sands of Penang and Langkawi - and the rainforest and wildlife of Borneo.
Stay: The Centara Karon Resort is Phuket with a four-star twist. The Holiday Inn Bangkok is another four-star option, this time a short walk from two of the city's biggest malls. The Holiday Villa Beach Resort does Langkawi in a three-star setting.
Crunch the Credit Crunch: In Bangkok, shun the mega-malls for markets such as the Chatuchak Weekend Market - less pricey and more authentic. Be ready to haggle.

BEST FOR BARGAIN BEACH BUNNIES: EGYPTBEST FOR BARGAIN BEACH BUNNIES: EGYPT

Egypt

Why go? At a time of year when Europe is shivering, Egypt is a glorious get-out clause - within four hours of UK airports, and hardly costly with it. Granted, the exchange rate has dipped (you currently get around eight Egyptian pounds for your pound sterling rather than the usual ten), but Egypt was far from expensive to begin with. The beaches of the Red Sea are the prime draw for those seeking out-of-season warmth - slices of shoreline where, thanks to their isolation, there is little else to do but soak up the rays. That said, if you want history and culture the statue-stuffed temples in and around Luxor and the mighty pyramids at Giza near Cairo are pretty much as good as it gets anywhere in the world.
Stay: The Stella Di Mare Grand Hotel in Ain Soukhna is the Red Sea in four-star style. Luxor has the 4.5-star Sonesta St George, alongside the Nile. The Movenpick Resort Pyramids does four-star a short distance from the greatest wonders of the ancient world.
Crunch the Credit Crunch: Go in May. Not only do you avoid the chunkier prices of high season (December to March), but you miss the harsh heat of Egypt's summer.

Looking for great holiday deals? Check out our latest offers for fantastic value breaks.

Chris Leadbeater is a freelance travel journalist. He writes regularly for the Daily Mail. His favourite destinations are Cuba, the USA and Paris.

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