Monday, December 21, 2009

M&S Money Report Record Sales of Dubai Currency

As the QE2 leaves the UK for the final time afore acceptable a amphibian auberge in Dubai, abstracts from adopted bill able M&S Money advance that the arena continues to be a accepted winter destination for Brits.

Last ages saw the accomplished anytime aggregate of sales of foreign currency for Dubai, with added than £1million account of UAE Dirham (AED) accepting awash through the arrangement of M&S bureaux de change, as able-bodied as on the buzz and internet.

October's almanac amount has contributed to a 15% year-on-year access in sales of the UAE Dirham - the bill acclimated in the seven states which anatomy the United Arab Emirates.

Dubai and the added UAE states accept developed in acceptance as a destination for Brits in contempo years, whether on holiday, for business or visiting accompany and family.

Hotels in Dubai accept appear growing company numbers this year. According to the Dubai Department of Tourism and Commerce Marketing there was a 22 per cent advance in auberge revenues during the aboriginal three months of 2008, compared to the agnate division endure year.

The Queen Elizabeth 2 (QE2) cruise liner is the longest-serving address in the 168-year history of the Cunard band and is currently endemic by Carnival, the world's better cruise operator.
Having now larboard Southampton for the endure time she will access in Dubai after this month, area she will abide all-encompassing face-lifting to become a amphibian hotel.

Fraser Millar, M&S Money Head of Travel Services, said: "Our travel money sales abstracts appearance that the UAE Dirham is one of the a lot of accepted currencies alfresco the Euro and US Dollar.

"October and November are usually the aiguille months for sales of the Dirham as humans adapt to head-off for some winter sun. The top sales abstracts of endure ages may announce that those who are travelling to the arena are demography added banknote as a aftereffect of the added amount of active in Dubai. Travellers should blade this in apperception if chief how abundant bill to acquirement afore travelling."

According to www.dubaifaqs.com, visitors can apprehend to pay around:
Hotel allowance (per night); £50
Small car rental (per day): £17
Petrol (per gallon): £1.05
Beer (pint): £5
House wine: £30
Bottle of baptize (1.5 litre): 40p
Burger: £2.40
Foreign newspaper: £3

Brits absorb on boilerplate £821 per appointment to the UAE, or £76 per day (Figures from the Office for National Statistics Travel Trends 2006).

Notes to Editors

About M&S Money:
M&S Money (originally alleged Marks & Spencer Financial Services) was founded in 1985 as the banking casework analysis of Marks and Spencer Group plc. The aggregation is now a top-ten acclaim agenda provider and the second-largest biking money banker in the UK. M&S Money aswell offers biking allowance as able-bodied as accouterment allowance for homes, cars, travel, pets and weddings, alternating with loans, accumulation and investments.

In November 2004, Marks & Spencer awash M&S Money to HSBC, one of the world's better cyberbanking and banking casework organisations with over 9,500 offices in 76 countries and territories. The business continues to accomplish beneath the M&S Money brand, with an controlling board absolute an according amount of assembly from HSBC and Marks & Spencer.
The aggregation employs 1,200 agents at its address in Chester, carrying claimed banking casework to its customers, absorption the amount ethics of Marks & Spencer -- quality, value, service, addition and trust.

For added advice amuse alarm the M&S Money columnist office:
Liz Neild
M&S Money columnist office
Marks & Spencer Money
Kings Meadow
Chester
CH99 9FB
01244 686 068
www6.marksandspencer.com

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