The Dollar-Euro Exchange Rate Blues

Travel Blog  •  Jim Benning  •  05.01.07 | 1:49 PM ET

imagePhoto by jopemoro via Flickr (Creative Commons).

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.”



4 Comments for The Dollar-Euro Exchange Rate Blues

tripp 05.03.07 | 11:26 AM ET

will the dollar ever rise against the euro is say we just start backing with gold again but hey thats just me

Enkhmagnai Narmandakh 11.17.07 | 1:16 AM ET

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Gary Jezorski 04.15.08 | 7:26 AM ET

thats a good idea to book hotels in dollars,by taking exchange risk through them.thanks for the link.

Social Marketplace 05.26.08 | 7:19 PM ET

It’s nice to see Merrion taking the lead in offering specials in US dollars. I hope the other hotels take note and implementing this.

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