Travelex extends airport footprint with ten new branches

INTERNATIONAL. Leading foreign exchange (FX) company Travelex has responded to accelerating international travel recovery with the launch of ten new airport branches in recent months, with three more to follow in Brazil. It has also extended its contract with Hong Kong International Airport.

In Europe, two new bureaux have opened at Frankfurt Airport (both landside) and two at Amsterdam Schiphol Airport (one landside and one airside). All stores offer FX ATM services. The new openings see Travelex increase the number of sites at Schiphol and Frankfurt to nine and 15, respectively.

One of the new Travelex branches at Amsterdam Schiphol Airport

Travelex’s latest openings in Asia Pacific travel have come at Penang International Airport in Malaysia, Chongqing Airport in China (two stores – one in arrivals and one in departures) and Sendai Airport in Japan.

At Hong Kong International Airport, Travelex has extended its contract to operate its eight bureaux across arrivals, departures and transit areas by a further three years.

In the Middle East, Travelex has launched a new bureau at Dubai International Airport. The new store, located at airside departures, is focused on serving FX and VAT refund customers.

Recent Travelex Asia Pacific airport openings at Chongqing (above) and Sendai (below)

Travelex has also launched a new ‘On The Move’ kiosk at Muscat Airport, serving customers using either of the airport’s two premium lounges, as well as guests at the airport hotel. This new mobile store is one of two new expansions at the airport, with a pre-immigration store opening planned for later this year.

Travelex has also announced a partnership with CCR Aeroportos, one of Brazil’s largest airport operators. The initial plan is to open Travelex branches at three airports (Navegantes, Goiânia and Curitiba).

Finally, Travelex has also entered a new partnership agreement with Bank of New Zealand, which will now route all its travel money services through Travelex.

The new Travelex store at Dubai International Airport, the 31st to open at the travel hub

Travelex CEO Richard Wazacz said: “We’re delighted to have hit the ground running in 2023 with the launch of these new stores. With international travel returning more quickly than anticipated, we are fully focussed on simplifying our customers’ access to international money however and whenever.”

He added: “These new stores and partnerships, plus the expansion of ATM click-and-collect across the UK [as reported], will play an important role on that journey.” ✈

Note: The Moodie Davitt Report is the only international business media to cover all airport or other travel-related consumer services, revenue-generating and otherwise. Our reporting includes duty free and other retail, food & beverage, property, passenger lounges, art and culture, hotels, car parking, medical facilities, the Internet, advertising and related revenue streams.

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