A RAFT of cheap holiday deals is set to cause a stampede for sunshine breaks today.
Thousands of families will spend Boxing Day cashing in on the bonanza as firms slash prices by hundreds of pounds.
Travel operators are launching a huge range of deals, with some cutting as much as £800 off trips to Europe and further afield.
Bargain hunters are being urged to shop around for their trips, with thousands of free children’s places also up for grabs.
As operators cut prices on a range of package deals, experts said cheap getaways were also being bolstered by the soaring pound.
Sterling currently stands at 1.36 euros to the pound while currencies in non-eurozone destinations continue to plunge.
With resorts slashing local prices, Britons can expect to see their money stretch up to 20 per cent further in popular destinations.
For example, those after a more exotic summer destination can save 18 per cent in Malaysia – adding £77 to a £500 budget, says the Post Office.
In Cyprus and Lanzarote a 10 per cent slump over the past 12 months has added £45 to holiday funds.
Researchers looked at the value of the pound and its effect on overall costs of accommodation, food and entertainment
Although the US dollar is still strong against the pound, tumbling resort prices mean there are still some really impressive deals to be snapped up.
Post Office Travel Money spokesman Andrew Brown said: “Even though the US dollar remains stubbornly stronger against the pound, prices are low in Orlando and package costs are looking very reasonable.
“The strength of sterling against currencies for long-haul destinations like Mexico, Malaysia and Mauritius will make them appealing.
“In particular, the pound has surged against the Malaysian ringgit and South African rand in recent weeks, which means holidaymakers visiting destinations such as Penang and Cape Town will have more than £100 extra cash to spend per £500.”
Thompson and First Choice have slashed £800 from the cost of a two person holiday to Mexico, with £672 off trips to the Dominican Republic.
A seven-night stay in the Greek island of Kos is £674 per person while a family of four can enjoy a fortnight in the Costa del Sol for £483 per person.
Andrew Flintham, commercial director for Thomson and First Choice, said: “We have some great deals available for the New Year, with thousands of free kids’ places.
“We advise our customers to book early so they can take advantage of these early booking offers and get the holiday they want.”
Thomas Cook has knocked £400 off prices on family holidays to Europe, including Greece and Spain, where children can go for £1.
Bargain hunters can snap up a seven night stay in Menorca, Spain, for £399 per person with a week in Mallorca at £489 and Corfu for £249 per person.
Bob Atkinson, from TravelSupermarket, said Britons would start booking up for the summer today.
He said: “As soon as the turkey is wolfed down the all-out frenzy of 2016 holiday booking begins.”