Foreign exchange brand Travelex has launched its first ever store in Tasmania’s capital Hobart.
Located in the Eastlands Shopping Centre, Tasmania’s largest shopping centre in Rosny Park, the kiosk will offer customers access to 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.
Travelex says customers who purchase their travel money (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.
It is the 93rd store 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.
It 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.”
“Our Hobart store has been designed to offer Tasmanians even more convenient access to travel money than ever before.”
