The Philippines has been chosen as the third cheapest tourist destination in Southeast Asia in a survey conducted by FinanceAsia on July 13, 2010.  The poll was conducted to find out which Southeast Asian destination offers the best value.

The Philippines is cheaper than Malaysia but more expensive than Thailand and Indonesia.

The survey used the Mandarin Oriental’s rack rates costs in August for its deluxe room.

If the survey used the The Economist’s Big Mac Index, which uses the price of burgers around the world as a light-hearted measure of relative currency values, the Philippines will easily be on top 1 to be the cheapest place for both burgers and hotel rooms.  The survey conducted also noted that Philippine peso  has the advantage of getting cheaper.

Big Mac Index might be better used as a benchmark for tourists to work out how expensive an unfamiliar country is going to be.

Tagged with: • • • •

Filed under: Business • Kaya Mo, etc. • News • Travel

Like this post? Subscribe to my RSS feed and get loads more!