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Travelex to double Singapore Changi Airport footprint
Global travel money brand Travelex plans to double its bureaux, terminal and staff footprint at Singapore Changi Airport.
It has won the tender for a new five-year contract at the Asian air hub.
Travelex has provided retail travel money services at Changi since June 2016, operating ten bureaux across Terminals 2 and 3.
The new contract, which will run from July 2024 to July 2029, will see Travelex establish a further ten bureaux at the airport, including in Terminals 1 and 4.
The expanded bureaux footprint will also see staff levels more than double.
It will increase from 65 team members to 135.
Travelex’s Changi bureaux are located across arrivals, departures and transit areas, and are open 24/7.
They offer travellers a variety of travel money services, including over-the-counter forex conversion of more than 50 currencies.
The latest IATA data shows that Asia-Pacific airlines have seen a 27% year-on-year increase in demand compared to May 2023.
Richard Wazacz, Travelex CEO, said: “We are immensely proud of our relationship with Changi, an airport that is widely acknowledged as one of the best in the business.”
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Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.
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