Long haul holidays to Thailand Barbados and New York cheaper than Mykonos Ibiza ...

If you're booking your holiday on a shoestring, you might think you have to stay close to home.

But long-haul trips to Thailand, Barbados, New York and even the Seychelles can be better value, research shows.

Taking a family of four away to the Greek island of Mykonos for one week in the summer in a three-star resort costs £3,372.

If however, the same family spent a week in the Seychelles it would cost £3,164 – a saving of £208.

Staying for seven nights in Barbados at a three-star hotel, the Halcyon Palm, comes in at a mere £2,568 – £804 less than Mykonos.

And a week in New York at the four-star Gregory Hotel is just £2,468.

But long-haul trips to Thailand (Phuket pictured), Barbados, New York and even the Seychelles can be better value than going to Mykonos or Ibiza 

But long-haul trips to Thailand (Phuket pictured), Barbados, New York and even the Seychelles can be better value than going to Mykonos or Ibiza 

The figures are based on research by TravelSupermarket.com, which says 'fantastic savings' are possible on holidays that involve travelling thousands of miles beyond the normal Mediterranean hot spots.

Families looking for a 14-night holiday would pay from £3,432 to stay at a four-star resort in Ciutadella, on the Spanish island of Menorca, on a B&B basis after schools break up.

That same family could travel to the four-star Kata Palm Resort, in Phuket, Thailand, for £3,048 – saving them £384.

One reason for the price discrepancies is that the British summer peak for holiday bookings coincides with a lull in the tourism industry in

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