The Dollar-Euro Exchange Rate Blues
Travel Blog • Jim Benning • 05.01.07 | 1:49 PM ET
Photo by Travelers are starting to sing it. With such a weak U.S. dollar in Europe—it’s at roughly $1.367 per euro—U.S. travel bookings for summer trips to Western Europe are down 2 to 3 percent, according to USA Today. But interestingly, some European hotels are finding inventive ways to lure exchange-wary Americans. “Luxury hotels such as the Merrion in Dublin, The Capital in London and the Esprit Saint-Germain in Paris offer specials that guarantee room rates in U.S. dollars, shifting the currency exchange risk to the hotel,” the paper reports. “And the Four Seasons hotels in Dublin, Lisbon and Geneva are offering a fourth night free during the peak summer season through Sept. 3.”