Corporate foreign exchange news

Euro crisis creates travel opportunities

Wednesday, 07 July 2010 19:47:57 GMT

Published by Mark Smith-Halvorsen
The dramatic drop in the euro in foreign exchange trading in recent months has created some attractive travel opportunities in the eurozone area, according to Travelsupermarket.com.
Bob Atkinson, the price comparison site's resident travel expert, said that due to the recent financial woes endured by Greece and Spain, these destinations are among the cheapest in Europe to visit.
He explained that as well as getting a much better exchange rate on the pound than was seen a year ago, travellers can also benefit from low local prices in areas such as mainland Spain, Greece, the Balearics and Cyprus, where companies have been slashing prices in a bid to attract business.
"The pound is at an 18 month high against the euro and we're getting up to 1.20 to the pound, which is significantly better than this time last year," he said.
His comments followed recent research by Santander which found that across Europe, Majorca has the lowest holiday premiums for families travelling during the peak summer period once schools have broken up.
For more information on buying commission free travel money, visit our Travel FX siteADNFCR-2522-ID-19877204-ADNFCR
Logo

Speak to one of the team

Please get in touch.

Contact details

Corporate FX
5th Floor, 62 Cornhill
London, EC3V 3NH
United Kingdom
Tel: 020 7743 7000
Fax: 020 7743 7001
Email: info@corporate-fx.co.uk

Contact us / Feedback

Thanks for contacting us

Map and directions

We are situated in the heart of the city of London.

Nearest tube/DLR stations:

Bank
Liverpool Street
Aldgate
Monument

Nearest mainline rail stations:

Liverpool Street
Fenchurch Street
Cannon Street

Global Reach Partners Limited; Registered in England No. 4344764. Registered for Money Laundering Regulations and Money Services
Business at Her Majesty's Revenue & Customs registrations No. 12140164. Supervised by the FSA in accordance with the payment
services regulations 2009, registration No. 504315.
© 2009 Global Reach Partners. Site credits