'Travel industry Oscars' highlight best holiday destinations

Finding a perfect holiday destination is not always easy, especially at a time when money is tight for a lot of Aussies.

All too often people spend loads of cash on a dream trip of a lifetime, only to have a nightmare experience.

Reviews are vitally important and there is no better place to find a reliable recommendation than the prestigious World Travel Awards (WTA).

Also known as the "Oscars of the travel industry", this prize-giving event is seen as the most important on the planet and only the very best destinations are capable of winning one of the accolades.

The Caribbean and Americas section of the awards was held last week and leading travel brands descended on the Turks and Caicos Islands for the ceremony.

All eyes were on the numerous "Leading Destination" gongs, which highlight which places provide the best holidays.

Rio de Janeiro was deemed to be the finest travel hotspot in South America for the tenth year in a row, while Las Vegas won the North American prize.

Although both destinations are very appealing in their own right, Aussies will have to weigh up the cost implications before booking their flights.

With the Aussie dollar still relatively strong, it is easy to find the best exchange rates.

Those planning a trip to Rio will get 2.1 Brazilian Real for $1, while people who want to take in a show and do a bit of gambling in Vegas will receive US$1.04 for $1.

The latter is renowned for being on the expensive side, so Aussies need to make sure they have plenty of overseas travel money before they chance their arm in the many casinos along Las Vegas Boulevard.

President and founder of the WTA Graham E Cooke hailed the number of superb holiday options available in this particular part of the world.

"Our winners are also drawn from the breadth of the Caribbean and the Americas, reflecting the strength and depth of the travel and tourism sector in the regions," he remarked.

Have a question about travel money? Ask the money gurus at Mozo Answers.ADNFCR-1761-ID-801452093-ADNFCR