Travelex opens first Hobart store
20 Nov 2024
Leading foreign exchange brand expands into Tasmania’s largest shopping centre
Travelex, the market leading foreign exchange brand in Australia, has launched its first ever store in Tasmania’s capital Hobart, as traveller demand for both travel cash and pre-paid card continues to surge.
Located in the Eastlands Shopping Centre, Tasmania’s largest shopping centre in the suburb of Rosny Park, the kiosk will offer customers access to both 50 currencies in cash and Travelex’s pre-paid Travel Money Card.
Research from Travelex has shown that Australian travellers are equally split when transacting with cash (52%) and card (48%) abroad, and that those customers who purchase their travel money (whether cash or card) pre-trip are much more satisfied than those who buy cash at the airport, withdraw cash at their destination, or use a credit card abroad.
The Hobart store is Travelex’s second store in Tasmania, having operated a store in Launceston for more than 20 years, and it’s 93rd in Australia overall. This year the company has already opened 18 new stores and kiosks across Australia, including in prime locations in Melbourne, Sydney and Canberra.
According to the Australia Bureau of Statistics, the number of Australians travelling overseas on short trips reached pre-pandemic levels in January this year, and has risen by 32% in the 2023-2024 period compared with the previous year.
Darren Brown, Managing Director ANZ, Travelex, said:
“We’re so excited to be establishing a store in Tasmania’s flagship retail destination. We know that the happiest traveller is one who has both the flexibility of cash and card, and the opportunity to acquire their travel money in advance of their trip. Our Hobart store has been designed to offer just this service, offering Tasmanians even more convenient access to travel money than ever before.”