Maldives becomes UBRD Cardholders famous spending locations

Ural Bank for Reconstruction and Development (UBRD) analysts, gave out the results of its two-month study of customer spending in foreign countries, naming the Maldives and the U.K. as the two most well known destinations among the cardholders.

In related studies carried out between 2011 and 2013, the top destinations among UBRD cardholders were the U.S., the U.K., Spain, Turkey and Luxembourg. Bank officials regarded the high level of spending in the Maldives among UBRD cardholders to the high costs associated with traveling there. The studies shows on an average, a single UBRD customer spends $2,600 per person during a trip to Maldives.
UBRD Director Olga Gulvar said “The popularity of the Maldives is growing every year.”
Gulvar added “A high level of tourist spending in this is quite understandable. Maldives – considered as an expensive destination. This archipelago of small islands, one at each hotel. In addition to staying in a hotel and on the beach in the Maldives to engage in nothing, so traditionally there is a great demand for alcohol. And this [is] the main reason for spending.”