Euro And Dollar May Approach Parity, Making Travel To Europe One Huge Bargain For Americans, Wall Street Says

by Cheryl Rosen
Euro And Dollar May Approach Parity, Making Travel To Europe One Huge Bargain For Americans, Wall Street Says


In a welcome plug for the travel industry to and from the Wall Street crowd, Business Insider this week has noted that “That European Vacation You’ve Been Dreaming Of Is About To Get Even Cheaper.”

Citing Citigroup predictions that the U.S. dollar could become stronger than the euro “by next year, if not sooner,” the article notes that it a euro today costs just $1.04, the lowest rate in 14 years and down 10% from $1.15 just seven months ago.

Indeed, Wall Street insiders say, the euro and the dollar may actually become equal in value in 2017.

For travelers, the falling euro makes for one big travel sale, where just buying a trip immediately saves you 10% over last year’s price.

  4
  1
Tip of the Day
Daily Top List

Most Useful Twitter Accounts for Travel Agents

1. AskTSA

2. FlightRadar24

3. Department of State

4. CLIA Global

5. ASTA

Source: TMR

TMR THIS WEEK
http://services.travelsavers.com/AMGService.svc/REST/GetImage?ImageID=dd7f092d-7dff-e711-80eb-782bcb667b27

What's Their 'Why'? Connect Your Clients to Their Passion for Travel

The unique reasons that inspire people to travel are the foundation of travel fulfillment, and more sales for travel agents.

TMR Recommendations
Top Stories
Bomb Cyclone Delay Raises Issue of Clients' Rights When Service Goes Awry
Bomb Cyclone Delay Raises Issue of Clients' Rights When Service Goes Awry

An airport incident between passengers and a Canadian airline in Boston during the “bomb cyclone” highlights the tensions that can rise when there are significant delays.

Multi-Trip Travel Insurance Could Cost Less, But Has Low Awareness
Multi-Trip Travel Insurance Could Cost Less, But Has Low Awareness

This lesser known option has yet to catch on because most travelers aren’t aware of it, and agents are more inclined to sell single-trip policies.

What Do the New Facebook Rules Mean for Travel Agents?
What Do the New Facebook Rules Mean for Travel Agents?

Changes announced this week by Facebook’s CEO may lead to less value for businesses trying to reach customers through unpaid content on the social media platform.

Lonely Planet’s Top Places for Solo Travel Includes Adventure and Foodie Destinations
Lonely Planet’s Top Places for Solo Travel Includes Adventure and Foodie Destinations

The travel guide’s list includes 10 cities from around the world that will convince even the most uneasy single traveler that it’s time to start exploring solo.

Headquarters Happenings: After a Successful 2017, Travel Leaders Looks to a Stronger 2018
Headquarters Happenings: After a Successful 2017, Travel Leaders Looks to a Stronger 2018

Synergies from 2017 merger, enhanced travel agent tools, and expanded luxury offerings propel the company into the new year.

Travel Agents Sail into Wave Season
Travel Agents Sail into Wave Season

Travel professionals are taking new approaches to their customers, their marketing and their business processes in 2018.

News Briefs
Advertiser's Voice
Advertiser's Voice: Scenic Cruises