Travel Tip: Where You Can Travel While the U.S. Dollar is Strong
There’s some good news for travelers this year. The U.S. dollar is strong and holding, which means countries that were once out of your price range may now be within reach.
The U.S. dollar is up against the Euro, which means you’ll get a lot more bang for your buck.
According to TripAdvisor, compared to last year, hotel rates in Europe have gone down: over 12 percent in France, 11 percent in Germany, and 8 percent in Italy.
The average cost for a room in Europe is $121 a night.
Even countries that were once extremely expensive have big bargains. Sweden’s hotels are down 19 percent, and Norway has dropped 17 percent.
Guided tour organizations such as Wilderness Travel are offering discounts. If you book while the dollar is still strong, you could save anywhere from $265 to $880.
Outside of the Euro, the average rate for a hotel room in Russia is only $80, down a whopping 45 percent since last year.
According to a study from Hopper.com, the U.S. dollar can be exchanged for twice as many rubles as last year. Flight prices have dropped 25 percent as well.
In South American countries like Brazil and Argetina, which have traditionally been a good value for us, the price is even better now.
So don’t procrastinate. Use the opportunity to travel while the deals are still here.
For more information about money, currency, and credit, check out:
- How to Get the Best Foreign Exchange Rates
- Your Checklist for International Travel
- Who to Tip When You’re Traveling
Keep reading for more travel tips.