The holiday hotspots savvy Brits are flocking to to save cash this summer

THRIFTY British holidaymakers are flocking to Turkey and Egypt to cash in on fantastic exchange rates, experts say.

Travel firm On the Beach says bookings are double the pre-pandemic levels for both countries.

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The Turkish lira and Egyptian pound have recently tumbled against UK Sterling.

A Pound would buy eight lire in 2019, but is now worth 34.

In Egypt, a British Pound will buy you 39 of the local currency, compared to 21 pre-Covid.

On the Beach said there are an additional 1.2 million seats on flights from the UK to Turkey this year.

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The Canary Islands and mainland Spain are still the top for bookings.

Zoe Harris, from On the Beach, said: “Spain had a slight decline in bookings last year.

“However this year it’s back with a notable increase in bookings compared to 2019.

“The destinations to watch out for are Turkey and Egypt.

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“They are rising the ranks at a rapid rate of knots.

“We expect to see these two destinations to continue to rise and challenge for the Canaries top spot next year.”