The Association of British Travel Agents (ABTA) is predicting that Egypt and Turkey are going to be among the most popular holiday destinations for UK travellers in 2010.The travel trade body believes that the countries will be tempting to UK holidaymakers due to investment in luxury hotels, roads and airports. The higher standards available at these destinations combined with lower costs and better foreign currency exchange rates could help UK holidaymakers get the most out of their travel money.
This rising popularity of Egypt and Turkey is also evident in Post Office research which found the Egyptian pound to be one of the fastest-growing types of foreign currency in 2009. In recent years, the Turkish lira and Egyptian pound have become two of the fastest growing foreign currencies for UK travellers, showing UK holidaymakers are increasingly being tempted to spend their travel money outside the euro zone.
However, as always, when travelling anywhere abroad the Post Office urges UK holidaymakers to make sure they arrange their foreign currency in advance of travel. Buying foreign currency before jetting off on holiday will avoid higher commission fees from airport or overseas foreign currency exchanges.
Sarah Munro, Post Office Head of Travel, said: "UK travellers can save themselves unnecessary extra costs by buying foreign currency in advance or taking the Post Office pre-paid Travel Money Card rather than changing money at the airport or at an overseas ATM using a credit or debit card."
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