waiting for euro to go down = nonsense
 

so many people here are claiming the exchange rate is a major factor when travelling. this shows a basic misunderstanding of what rates of exchange are all about. when the euro goes down it will cost more euros for Alitalia to buy avgas or the Ritz to buy tea or for the parisian hawker to import those little tacky eiffel towers (acutally made in asia) when hosting you.the expenses are passed to the consumer. to get more bang for your buck look for european destinations with a cost of living which is lower than that of the US (e.g. bulgaria).

You know, I've been having such a difficult time deciding between Paris and Bulgaria. Thanks for helping me to see the light. :-D

That would of course be (somewhat) true if we were watching the Euro change in value against world currencies generally. What is happening, however, is that the dollar is dropping against world currencies generally, so your analysis is flawed.

The hotel that I used for skiing in Austria two years ago is currently showing approximately the same price (in Euro) for the half-board package I booked then. Unfortunately, two years ago the Euro was worth .92 USD, and now it's more like 1.34 USD, which represents a real cost increase to me of about 45%. If your analysis was correct, they should be selling the same package for fewer Euro, and that's simply not the case.

We have been to Europe when the dollar is up and when the dollar is down. We had a great time on every trip and I cannot remember what we paid for anything. Don't wait for the currency to be perfect.....go and have fun!

I don't agree with the OP's contention at all. The cost for travel in Europe for U.S. visitors is up in real (inflation adjusted) terms. That said, I think traveldawg offers good advice: "don't wait for the currency to be perfect". In the end, two commodities that we know we will all eventually run out of are time and opportunity.

actually flyfish, i think the 2002 price should have been higher but might have been kept artificially from rising due to other factors (911 ring a bell?) .according to your theory it would be the right time for Europeans to visit the US. now say you sublet a room in your house in NY to visiting French tourists. given healthy demand by the french wouldnt you increase your rates this year to compensate for the drop of dollar vs euro rate?

traveldawg, just read your post and agree with you. I sure do not remember all the cost of everything from trips.

I just remember the trips (the beautiful and the few frustrations which made for funny stories later).

I sure do not travel and put charges on my credit card that I cannot pay off when the statement arrives. Sure do not spend money needed for bills that need to be paid monthly.

I do have a "mental" savings account in my savings that I know is for travel. And sure agree with the statement that packing 50% less and assuming the cost of a trip is going to cost 50% more than originally planned is a good guideline.

Marilyn, you were thinking of Paris versus Bugaria?? Why?? LOL.

Did you think that maybe Paris had a tad more to offer? ;;)

I agree that it is nonsense to wait for the euro or pound to go down. Yes, if we can just do it! I also think it to be nonsense for the dollar to be so low. C'est la vie!

It's certainly anyone's prerogative to decide that thirty cents on the dollar -is not a big enough determining factor to put off going to Europe. I scrimpt and save, foregoing fine little nicities at home to be able to travel... well, for me, it's time to rethink my destination choices.

My first reaction to this thread was, What are you talking about? 30 cents more on the dollar is thiry percent. The trip I took to Italy in 2002 is now over $500 more in per diem alone. Every single thing I do will cost me nore, meals, trainfare, plane tickets, hotels.

Is it really so little a factor to everyone else? I feel like maybe I'm missing something. I know markets are cyclical, it just doesn't feel like it's going to swing back the U.S. dollar's way anytime soon.
Some of the little corners I hoped to explore are already reaping the benefits, and prices are going up. Maybe I am hoping to feel satisfied by exploring Mexico and some parts of my own country for a while.

The simple truth is that the difference does matter to some people and it doesn't matter to others. It depends on how much discretionary income you have and whether you're willing to spend more of it on travel.

I agree it's a drag that the dollar is so weak, but as has been pointed out, the Canadians and the Australians have been dealing with their own currency weakness against the dollar and the euro for quite a few years.

What is fascinating to me is the sense of outrage, of what-is-the-world-coming-to?, that is expressed by so many posters. Speaks volumes about the American sense of entitlement, that we think that our currency should always be the strongest in the world.

If you look at some of the reasons why the world has less confidence in the US dollar, you will find a lot more serious issues to be concerned about than whether you can afford your next trip to Europe.

It all depends on how much you want to spend, where you want to stay, what you want to do once you gt there. And if you really want to be a hotel snob I guess it is going to cost more than before.

I'm sure the Europeans who want to vacation in the USA are quite happy with the "poor" exchange rate right now

marilyn, good points all. It's not entitlement that I feel, tho it does sound like it, just a metal adjustment to how the changes affect my buying power. And you're right, there are more serious fallout to think about. Intrepid1, on the hotel snob, yes, it's a change. This year, with some research and the help of this forum, I was able to find intimate little hotels that were in a different price range, but ultimately satisfying.

got1tiel - no, try again. The location in Austria that I was referring to was Ischgl - near as I could tell, we were the only Americans in town. Ischgl is unknown in the states and is primarily a holiday location for Germans. I'm quite sure that 9/11 had nothing to do with their pricing in 2002 (actually, it was March of 2003).

Nina, I didn't mean you specifically. There have been a lot of threads on this subject lately, mostly one set of people complaining and another set saying suck it up and get over it, or don't go.

I'm sympathetic (and not thrilled that our next trip will be more expensive) but hey, no one ever promised a strong dollar for our lifetime, did they?

I could say more, but I'd send us into a political downward spin and get the thread deleted, so I'll hold my tongue.

Just make a decision...go or no go but don't agonize over it for MONTHS. Nobody cares. You cannot impact the currency values and constant griping won't change them. Never saw too many posts about how great it was when the rates were better. Most of the poeple in this country would love a European vacation but it is just not within their reach..even if the dollar was double the value. Go to the expensive northern countries when the dollar is high, go to the southern & eastern countries when the dollar is weak. But stop griping..it's pointless.

"Just make a decision...go or no."

Amen.

I agree with Flyboy, time and opportunity are more important. If you really want to go someplace, you can always find a way: get a hotel that's not as central or 3* istead of 4*, pack picnic lunches or eat like the locals do (I found some really terrific eateries this way), find out when the free museum days are, do minimal shopping.
You can pick cheaper destinations such as Eastern Europe or just spend a few days less in a more expensive place. And at home, bring bag lunches, cut out the fancy coffees, cut back on shopping to save.
I traveled quite a bit as a student with very little money. I wouldn't trade that experience for the world. I believe the dollar was doing poorly then too (early 90's).

I enjoy going to Western Europe. So, with the poor exchange rate, I find I am spending more time doing research for bargains. However, this is part of the fun of traveling for me. I finally have enough FF miles to get an overseas ticket. So, I am also planning much further in advance so I can use FF miles and hotel points (This planning far in advance is a hardship for me since I'm more of a last-minute person.)

I don't want to look back someday and regret not traveling when I could. You never know when circumstances will change (health becomes bad, needing to care for a sick loved one) which may limit your ability to travel.

Yes, the poor exchange rate is painful, but where there's a will there's a way.

The exchange rate is a consideration when travelling . . but we spent a week in NY last fall that cost about 20% more than a week in London trip this fall . . travelling is just plain expensive . . the exchange rate is one factor!

When I lived in London in the 70's the rate was 2.65/£ . . 1.90 is looking pretty good now!

The € debuted at $1.20 . . not that far from where it is now.

Rich

Hi,

I just came back from a week visiting my children in Sacramento and Tucson.

RT airfare from ATL was $525 pp.
Hotel in Tucson was $80/day w/bkfst.
A similar hotel in Sacramento would have been $120/day.

Eating out was about the same price as in Paris this past May.

For a few hundred more, we could have spent the week in Paris.

(Of course, there is the non-monetary pleasure of visiting the children and grandchildren. :) )

The LA Times is reporting that the average cost of a hotel room in New York is $240 a night and that a 3-star is running $600 plus 13.6% tax. I certainly haven't spent this amount in Europe lately, even with the crappy exchange rate.

It wasn't too long ago that i was bragging that traveling to Paris was cheaper than NY. Some on this board were talking about buying European property because it was so cheap. I'm all for cheap (inexpensive), but the pendulum (sp?) swings.

Everybody's circumstances are different. A few years ago, travel from the U.S. to Europe was a great bargain. People who had always thought a European vacation was out of their reach became able to travel to Paris and London and Rome. Some of these people saved all their extra cash, researched the bargains, stayed in the two star hotels, and ate cheese and baguettes on the park bench.

Why are some of those who are more fortunate, who have sufficient funds to travel despite a fifty percent increase in dollars in the price of a hotel in Paris since 2002, so quick to label those who are watching their vacations slip out of reach as "whiners"?

I have avoided responding to these threads up until now, but I just don't get the lack of tolerance for people who are unhappy about the increasing cost of European vacations. I traveled when I got a euro for 87 cents, and I am planning more travel now, and the price of meals and hotels has gone up in euros, not down. The original post may sound good in theory, but it does not reflect my experience at all. Prices in euros have stayed the same or increased while the dollar has gone down, and in real terms vacations are indeed more expensive.

Brasil, Argentina, Chile, Peru, Central America we are waiting for you.
Maybe a trip south will be more economical... US dollar still has a strong bying power.

We've made 7 or 8 trips to Europe in the past 5 years and we love it. I guess we can't justify what western Europe costs. Even eastern Europe is getting more expensive. My son was in Warsaw, Poland last month (not his first visit there) and he said it is now as expensive as the US. This month we'll be visiting Mexico where we've never been. The number one reson we are going to Mexico is the decline of the dollar.

If I were forced to pick one post that best reflects my thinking, it would be Marilyn's. I would add (and bet that she agrees) that selecting a less expensive place to visit is a reasonable alternative.

Nikki, I haven't noticed that people are "so quick to label those who are watching their vacations slip out of reach as 'whiners'?" I also haven't noticed those people as whiners. However, I have noticed the people who are complaining about the changing value of the dollar. Indeed, those complainers are whining when neither complaining nor whining is constructive.

ira, you used the example of flying from Atlanta to Sacramento as not much less expensive than a trip to Paris. I am planning a trip next May. My initial thinking was France. Then I decided to take advantage of the better valued dollar in Croatia and made another change to Turkey. Now I have changed the trip to Santa Fe, a place we have always wanted to visit. We can get there in a LOT less time, with absolutely no jet lag on either end of the trip, and based on my initial research for appreciably lower total cost than any of the other places. (We live in DC.) And that leads me to my last point ...

The one point I really don't understand is why Americans, of all people, don't simply travel within their own country or a bordering country such as Mexico or Canada (where the dollar is still relatively stronger) if they feel they don't get enough bang for their buck in Europe. There is a whole world out there including a vast U. S., which has incredible diversity, some of which simply isn't to be found in Europe.

In reply to:

"The one point I really don't understand is why Americans, of all people, don't simply travel within their own country or a bordering country such as Mexico or Canada (where the dollar is still relatively stronger) if they feel they don't get enough bang for their buck in Europe. There is a whole world out there including a vast U. S., which has incredible diversity, some of which simply isn't to be found in Europe."

Actually, many do. Those who travel to Europe in any given year are a relatively small minority of the U.S. population and many of them travel within the U.S., Canada and/or Mexico as well. The great majority of U.S. citizens do not hold passports.

Mike, I'm flattered, and in turn, I will agree with you that the world is a very large place. Whatever you love about Europe -- cuisine, history, art, architecture -- there is plenty of it elsewhere.

Maybe you won't like Vietnamese food as much as Italian, but you won't know unless you try. There is art and architecture in SE Asia that rivals the best of anything in the world -- Angkor Wat is probably the single most astounding place I have ever been.

If you love to wander around the hill towns of Tuscany, let me tell you that Mexican towns like San Miguel de Allende, Guanajuato, and Taxco have a similar charm.

And if shopping is your thrill, it doesn't get a whole lot better than Hong Kong and Bangkok.

Note that these places are all a lot less expensive than Europe and the dollar is a lot stronger. I'm not saying NOT to go to Europe -- we will be going in 2005 no matter what happens to the dollar. But if the weak dollar is cramping your style, then maybe it's a good opportunity to explore some of the rest of the world. You never know what you might discover!