Dubai and Caribbean prove winter hotspots for UK holidaymakers

Dubai and Caribbean prove winter hotspots for UK holidaymakers

Dubai appears to be many Britons’ medium-haul holiday destination of choice, according to the Post Office Travel Money Holiday Money Index.

Sales of the UAE dirham were up by 320 per cent at the company’s currency outlets in the first quarter of 2022, compared with the same period in 2019.

For travellers looking further afield, sales of the Barbados dollar and Jamaica dollars have also proved strong, along with other Caribbean destinations.

Nick Boden, Post Office head of travel money, said: “It suggests that pent-up demand is resulting in many Britons planning holidays of a lifetime to some of the world’s most aspirational destinations.”

Holiday plans have been boosted by the comparative strength of sterling against currencies in many popular holiday destinations.

Sterling’s biggest two-year value gain is against the Turkish lira, up by 115 per cent.

Post Office sales of the lira were up by 64 per cent in the first quarter of 2022, compared with 2019, while the amount of euros sold was down by 24 per cent.