A swanky room overlooking a sunny piazza in Rome costs a lot less this year. So does sipping espresso, nibbling on croissants, and dinning on steak frites in Parisian cafes.
Favorable currency exchange rates are making overseas travel far more affordable for Americans. Depending on the country, hotels, restaurants and shopping may be anywhere from 15% to 50% cheaper now than this time last year.
You can thank sputtering overseas economies for the more tourist-friendly prices. In the ever-changing currency markets, the U.S. dollar is once again in demand.
Of course, it’s welcome news for anyone who is planning an overseas trip. Some people who’ve been unable to afford international travel may finally be able take that dream vacation.
“It definitely has an impact, and yes, it does encourage people who are on the fence,” said Andi McClure-Mysza, co-president of Montrose Travel, a travel agency in Montrose, Calif., near Los…
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