Euro bring higher prices??
#1
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Euro bring higher prices??
Just checked our favorite hotel in Rothenberg Germany since the change to the euro. The base rate has gone from 95 marks to 75 euros. Based on the dollar, this hotel is now going to cost me rougly $22 per night more. Is this going to be a common practice in Germany with the new currency?
#2
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Hotel prices (like airline prices) are governed by customer demand not currency<BR><BR>If anything , here in Dublin, prices seem to have been rounded down.<BR><BR>Also the ? has started to strengthen against the $ so your currency will buy you less at the moment
#3
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I think Germany's present sluggish economy is more responsible for the dramatic increase in rates coupled with demand rather than the Euro being the prime cause for higher prices.<BR><BR>European economists do expect a slight increase in costs due to "rounding up" of prices from the former national currencies to the Euro. That "rounding up" should be negligible.
#8
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I've seen lots of little increases so far. Like 80 euro cents for the 1,50 dm public toilet. Or 1 euro deposit on shopping carts instead of 1dm. I think lots of business will sneak in little increases because it's hard to tell. I'm totally shocked that a hotel would effectively raise their rate from 95dm to 150dm! That's outrageous. Are you going the same time of year? Maybe the higher rate is at a time of higher demand, or maybe they refurbished the rooms or something.
#9
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Looks like my hotel in Amsterdam is a good booking.<BR>Double room, 2001 rate, Euro 172.44.<BR>Actual confirmed bookig price for Sept 2002, Double room, canal view, single person, Euro 152.00..At todays rate, a saving of AUD34.00..I'm not complaining.
#11
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This is just the question I have about the change (which saddens me, part of the fun of a European vacation is using the local currency, most of which is quite attractive in appearance). Will hotel and dining costs in Spain now rise to be the same as those in Paris? Or, basically the same question in a different format, pre-Euro one could consider the individual exchange rate for selection a "budget" country -- will all countries now cost the same, so there will be no "budget" European destinations?<BR>