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If you eat outside the hotel then prices will be reasonable. There are a number of small restaurants on the steep hill that leads to the Cape Panwa hotel. A reasonable meal for two with a Singha beer each was costing us approx £10.

A large beer (660 cl) is about £1 from a local restaurant. Soft drinks 30 to 50p

Breakfast in the hotel was expensive when we visited a few years back. We used to get it elsewhere. Although in a quieter remoter part of Phuket there are a number of restaurants and shops around.

Trips can be done in an organised way, the hotel and your rep can organise that. Or you could get a taxi for the day or half day. We were going on four or six hour trips by taxi for approx £20. The hotel does a nice trip to nearby Coral Island, where there are sunbeds and deck chairs and a small hotel with restaurant...and a glorious bit of beach and coral reef.

We usually take stirling TC's and change in banks or money changers...can't recall there being a money changing facilty in the Cape Panwa area the last time we visited. ATM's are widespread in Thailand if you want to take that route. We always change some money as soon as we arrive in Bangkok Airport rather than get any done in UK.
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