Surging Dollar Makes European Travel Irresistible
The continuing surge of the U.S. Dollar against the Euro is making European travel more affordable than it’s been in nearly 20 years.
The world is full of travel agents who can sell you travel. Frankly, many of them are no different than a cashier at your local Target store. You call with a desired trip, they book it, and that’s about the end of it.
With the advent of the Internet, the travel agents of old are on their last breath.
However, with the overwhelm factor that is occurring as a result of the seemingly infinite information available on the Internet, a new breed of travel advisor/travel designer has emerged.
We recognized this need a few years ago, and it is the primary reason we opened Roaming Boomers Travel Services back in January of 2014.
A Strong U.S. Dollar and Significantly Lower Airline Ticket Prices are Creating a Financial Boon for U.S. Travelers to Europe!
It is with our travel advisor hats on that we want you to understand what a remarkable opportunity is currently at hand with the increasing strength of the U.S. Dollar against many foreign currencies.
In particular, we want to share with you the strong case for European travel in 2017 as a result of this ongoing trend.
If you take a peek at the two charts I’ve prepared for you above, the top chart represents the trend of the Dollar vs Euro over the last two years, and the bottom chart represents what some are calling the Trump rally, rather dramatically furthering this trend since the election. In fact, many prognosticators are calling that the Euro and the Dollar will be in parody ( 1 Dollar = 1 Euro) in 2017. If this occurs, this would create a situation that hasn’t occurred since the Euro was first introduced in 1999!
To help you make sense of all of this, let’s consider a proposed hotel room that might have been going for $500 Euros/ night in 2014 and compare prices with today’s exchange rates:
- €500 Euro hotel room in 2014 = $695
- €500 Euro hotel room at today’s exchange rates = $530
- €500 Euro hotel room if parody occurs = $500
As you can see, our strong U.S. dollar is making travel to Europe significantly less expensive with today’s exchange rates. And when you multiply this across the cost of flights, taxis, tours, dining, shopping, and other travel related expenses, the savings on a typical journey of 10-14 days is going to amount to 1000s of dollars.
And, the good news is that our strong dollar is creating similar savings for travelers to the UK, Canada, Mexico, Australia, and the Far East.
But wait, that isn’t all. According to George Hobica, president and founder of Airfarewatchdog.com, “flights to Europe are 66% or less than they’ve been of late”. And, this is further contributing to a burst of travel to Europe.
Moral to the story?
If you’ve been dreaming about a trip to Italy, England, Scotland, Australia, or other parts of the world; the strength of our U.S. Dollar, and significantly lower airline ticket costs are creating a financial boon that we haven’t seen in well over a decade. If you can, now is the time to act!
To learn more, or to get our expert advice planning your next dream trip, call our travel agency office at (480) 550-1235, or use our convenient online information request (click here) and we’ll reach out to you.
To help you in your travel dreaming, take a peek at our travel dreams website: click here.
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Note: graphs taken from XE.com