Holidaymakers Face-Off on Facebook

By Fairfx, PRNE
Wednesday, June 15, 2011

LONDON, June 16, 2011 -

Where Not to Buy Your Travel

As summer holidays approach, Facebook (which is expected to be
valued at $100bn following an initial IPO) is being used by
travellers to warn each other about where not to get href="">travel money.

A recent campaign started on a Facebook page ( href="">
has resulted in many cost-conscious holidaymakers posting photos of
poor exchange rates at various locations. The biggest culprits
to-date include bureaux de change at Gatwick and Heathrow airports
as well as overseas locations like France.

Stephen Heath, CEO at said: “It’s interesting to see
this development in the use of social media effectively providing
more transparency for consumers in a marketplace which is sometimes

“Recently, we’ve seen many travellers voice their
dissatisfaction and uploading photos of the rates onto our Facebook
page. So far, the worst rate we’ve seen was offered by a travel
money booth at Gatwick Airport - $1.48 for £1 when the mid-market
rate was over $1.63 - that’s £50 profit for every £500

“Perhaps the use of social media sites like Facebook will
finally shame airports into doing something about this raw deal. In
the meantime, many savvy travellers are pre-purchasing their travel
money using prepaid currency cards which provide much better value
and convenience.”

Journalists: For more information and contact details visit href="">

For other resources, including logos, card images and more
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Media enquiries: FairFX Press Office, pressoffice at, David Bain, Tel. +44(0)20-7778-9316; Stephen Heath, Chief Executive, FairFX Plc, T: +44(0)20-7778-9302, M: +44(0)7785-291-059, Stephen at; Ian Strafford-Taylor, Chief Operating Officer, FairFX Plc, T: +44(0)20-7778-9308, M: +44(0)7920-793-793, ian at

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