As summer approaches, millions of Americans across the country planning their summer vacation are realizing how the current week dollar can affect each an every one of us personally. American travelers planning trips abroad and funding their trip in dollar but paying in Euro’s, Pounds, Yen etc. are witnessing how their hard earned dollars just aren’t getting them as far as they would in the past.
Recently the USD has reached a long time low of $2 per British Pound that means that every dollar can only pay for half a British Pound worth of merchandize. The continuous depreciation of the US Dollar is making European travel and especially traveling within the UK very expensive. Hotel and transport prices have not gone down in the local currency so Americans are paying a higher price compared to what they would only a year ago.
This is now working the other way around for foreign tourists visiting the United States. United States tourism with prices marked in U.S. Dollars has become a relatively cheep destination for travelers paying in Euros.
Some experts are estimating that this may have an effect on European prices since more Europeans and other foreign tourists are planned to visit the United States, fewer will be visiting popular European destinations. So in theory, if fewer non American tourists visit places like London, prices should eventually come down in Pounds offering Americans a chance to book a cheep hotel in London.
Also, as the price of travel increases, more and more Americans are booking their trips online saving substantial sums compared to booking through a travel agent. Special dedicated sites dedicated to European markets offer special discount rates on cheep hotels in London. Many sites are available and a simple google search for “cheep hotels London” should provide excellent results.
