Vietnam offers top value for travellers on the Singapore Dollar

On May 18, 2011 at 04:00 AM

 

 
Vietnam offers top value for travellers on the 
Singapore Dollar 
Latest Expedia Foreign Exchange Index reveals world’s top value destinations 
 
Singapore, 18 May, 2011 – Online travel company Expedia® has revealed some of the world’s top value destinations for travellers on the Singapore Dollar. According to the Expedia Foreign Exchange Index, which was developed in conjunction with foreign exchange specialist HiFX, Vietnam is currently the best-value destination, with the Singapore Dollar appreciating by more than 22 per cent against the Vietnamese Dong in the past 12 months. Hong Kong and India are also ranking high in the list, with the Singapore Dollar appreciating about 12 per cent against the Hong Kong Dollar and Indian Rupee year-on-year. 
 
Other Asian countries that made the ‘Top 20 Best Value Destinations’ based on the value of the Singapore Dollar are Laos (up 8.7 per cent), Sri Lanka (up 8.38 per cent), The Philippines (up 7.82 per cent), Indonesia (up 7.16 per cent), China (up 6.64 per cent) and South Korea (up 6.58 per cent). 
 
“Asia remains one of the best value-for-money destinations for travellers from Singapore. With the upcoming school and summer holidays, budget conscious travellers such as families and students should plan ahead now to take advantage of the strong currency and great offers available. Expedia.com.sg specifically caters for the Singapore traveller and lists a number of unbeatable deals to some of the region’s top value holiday hotspots not to miss out on,” said Dan Lynn, Managing Director, Expedia Asia Pacific. 
 
From 24 May – 30 June, Expedia.com.sg is offering a discount of up to 50% off on hotels in some of the region’s top value destinations. Valid for travel till the end of August 2011, more than 10 Asian destinations will be on offer including Hong Kong, Macau, The Philippines, Malaysia, Cambodia, Laos, Vietnam, Thailand, India, Korea and China. Travellers will also receive an additional 10% discount coupon when booking their favourite Asian destination during this period. 
 
The Index also shows countries such as Kenya, Egypt, Argentina and Turkey in the top 20. The USA ranks as the eighth best value destination due to the Singapore Dollar performing well against the ‘Greenback’, delighting travellers looking to stretch their Singapore Dollars when shopping for popular brands on their overseas trips. 
 
“The Singapore Dollar has been buoyed by strong economic growth, and with policy makers looking to allow the currency to appreciate to combat inflationary pressures, this is likely to continue. As a result, it’s a great time to be taking the Singapore Dollar abroad for shopping 
and overseas holidays’, explained Nick Brain, Consultant, HiFX. 
 
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The recently launched Expedia.com.sg website provides travellers with a suite of online booking and travel management tools, along with a fully localised service and dedicated phone support to help them plan and book the right hotel from a selection of over 130,000 properties worldwide. The site currently offers hotel bookings and will include air fares and packages later this year. 
 
-Ends-
 
About Expedia 
 
Expedia, Inc. (NASDAQ: EXPE), the world's leading online travel company, operates Expedia.com.sg in Singapore. Expedia helps travellers plan and book their travel by providing a personalised service, the latest technology and a wide selection of holiday packages, cheap flights, hotel bookings, car hire, in-destination attractions & activities, adventure tours and travel insurance to suit their travel needs. 
 
Expedia and the Airplane logo are either registered trademarks or trademarks of Expedia, Inc. in the US and/or other countries. Other logos or product and company names mentioned herein may be the property of their respective owners. © 2011 Expedia, Inc. All rights reserved. 
The recently launched Expedia.com.sg website provides travellers with a suite of online 
booking and travel management tools, along with a fully localised service and dedicated 
phone support to help them plan and book the right hotel from a selection of over 130,000 
 
properties worldwide. The site currently offers hotel bookings and will include air fares and 
packages later this year. 
 
-Ends-
 
About Expedia 
 
Expedia, Inc. (NASDAQ: EXPE), the world's leading online travel company, operates 
Expedia.com.sg in Singapore. Expedia helps travellers plan and book their travel by 
providing a personalised service, the latest technology and a wide selection of holiday 
packages, cheap flights, hotel bookings, car hire, in-destination attractions & activities, 
adventure tours and travel insurance to suit their travel needs. 
 
 
Expedia and the Airplane logo are either registered trademarks or trademarks of Expedia, 
Inc. in the US and/or other countries. Other logos or product and company names mentioned 
herein may be the property of their respective owners. 
© 2011 Expedia, Inc. All rights reserved. 
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