Tuesday, 3 May 2016

Asda money report reveals UK travel trends

IN LIGHT of ongoing currency fluctuations, Asda Travel Money has examined the changes in people’s holiday habits over the past few years. Its research highlights a 68% decrease in sales of the Turkish lira and a 77% fall in sales of Egyptian pounds.

But in the past year, Asda Money has seen an 84% rise in sales of the UAE dirham, a 96% increase in sales of the Thai baht, and a 93% spike in sales of the Czech koruna, even though sterling has declined in value against these currencies.

Neil Foster head of Asda Travel Money said: ‘Our customers don’t seem to be put off by the poor exchange rates for certain countries. This suggests a shift in appetite for holiday destinations. Families do still need to consider getting the best value for money to the increasingly popular holiday hot spots, even when exchange rates aren’t at their best.’



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