Expect to see more Americans in the Eurozone this summer with the dollar some 20% stronger there than it was last year. Here are some examples of the hotel prices they’ll get in their own currency – all based on current rates on their websites*:
A one night stay at the Danieli in Venice, on May 14, for example, will cost American tourists from $550. This time last year the same rate would have worked out at $673.
A night at the Mercure Paris Centre Tour Eiffel on the same date will cost $162 against $195. Further up the price scale a superior room at the Bristol in Paris will cost around $675 compared with $820.
The Sacher in Vienna works out at $360 against about $430.
A superior room at The Ritz in Madrid will be $228 against $276,
And a particular favourite of mine, the Hotel Elephant in Weimar – birthplace of the Bauhaus - will cost around US$116 compared with $US141.
*These comparisons don’t include the impact of any inflationary rate increases since last May.