Is budget travel to Europe even possible anymore?
I’m in the US this month, visiting friends and family in several states. One topic of conversation that keeps coming up is how very expensive Europe has become for Americans given the dollar’s recent slide against the euro and other currencies.
Actually this slide has been going on for a while now, as this article from July shows. But the big story these days seems to be the hoards of European tourists flooding New York City as they take advantage of the super-affordable Christmas shopping to be had there.
The news isn’t all bad for dollar-earners: the US currency is expected to bounce back at least a little bit as we head towards the end of the year. But the days of truly discount European travel might be a thing of the past.
2 opinions for Is budget travel to Europe even possible anymore?
The Toronto Traveler
Dec 4, 2007 at 1:26 am
Well, I pay with the Canadian Dollar, so I’ll still continue to be interested in budget deals either way ;) hehe.
But more seriously, I doubt the USD will stay low for a long or even a medium stretch of time; I think it’s a bit more robust than a lot of people are willing to give it credit for.
jul
Dec 4, 2007 at 7:44 pm
I must admit, my jaw dropped when I first heard the Canadian dollar was higher than the US dollar. Good that there’s someone out there who can still afford to come to Europe! :)
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