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Eastern European Hotels Charge Euro not Local Currency

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European Hotels Charge in Euros not Local Currency

Filed under Travel Scams and Rip-offs

To safe guard against the very prevalent possibility of drastic changes in local currencies, many European hotels outside of the EU charge their prices in the far more stable Euro. This is not good for travelers who hold their money in stable currencies like the Dollars, Yen, or Euro, as currency local devaluations and fluctuations often means cheaper travel.
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Wade from Vagabond Journey.com
in Gramsh, Albania- February 6, 2009
Travelogue Travel Photos — Travel Guide
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I wrote a travel tip in Hungary about planning travel around currency exchange rates to save money, but a large bit of the meat of this tip is taken out by the fact that many non-EU countries have hotels and hostels that set their price to the Euro. This means that, in the event of the local currency crashing, the hotel makes far more money than what is consistent with their economic surroundings, and the traveler looking for an “on sale” country is faced with paying the same prices for accommodation that they would across the continent.

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Filed under: Bosnia, Eastern Europe, Europe

About the Author:

Wade Shepard is the founder and editor of Vagabond Journey. He has been traveling the world since 1999, through 76 countries. He is the author of the book, Ghost Cities of China, and contributes to Forbes, The Diplomat, the South China Morning Post, and other publications. has written 3048 posts on Vagabond Journey. Contact the author.

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