5 destinations for Americans who want to save money on vacations

Along with the rising cost of living, we should also expect an increase in vacation spending this year. That's why Americans looking to find budget options balancing price and quality should carefully choose their travel destinations.

Yahoo News analyzed data from the Bloomberg World Currency Ranker and the U.S. Treasury's Bureau of the Fiscal Service to identify favourable vacation destinations in 2024. These 5 destinations can give you a great vacation and save every dollar you have without limiting your desires.

Vietnam

Hospitality brands are considering Vietnam as a potentially luxurious vacation destination. Here you can stay at the Sofitel Legend Metropole Hanoi, which will cost 279 USD. In addition, you can go on a three-day all-inclusive luxury cruise in a royal cabin aboard Paradise Peak along Halong Bay for only $526 per night.

Indonesia

The most popular destination in the country in recent years has been the island of Bali. Soon, the Regent Bali Canggu hotel with 150 rooms and villas, a surfing beach, and access to a spa is planned to open here. In addition, just an hour's flight from Bali, you can get to the island of Sumba, where you will find the eco-friendly Cap Karoso hotel, which costs from $225 per night.

Colombia

In this country, tourists will find an excellent exchange rate that allows you to spend money with pleasure. You can stay at the Four Seasons Bogotá for just $334 per night, and at the Sofitel Baru for $360 in high season. Here you can enjoy hiking, watching the active city life and admiring the colonial architecture.

Tanzania

This budget destination is ideal for those who want to go on a safari and see real wildlife without crowds of tourists. For example, the Wilderness Usawa Serengeti mobile safari camp with luxurious all-inclusive accommodation will cost travellers from 950 USD per night. And a secluded villa overlooking the Serengeti Desert, located on the top of the Singita Milele hill with five rooms for 10 people, will cost from 26,250 USD per night.

South Korea

This country has traditionally been included in the annual lists of the world's most popular destinations. It is worth staying at the luxurious Josun Palace Hotel in Seoul, with room rates starting at USD 289 per night, or at the Shilla Jeju Resort on Jeju Island, which costs only USD 243 per night.