Close
Bali Discovery Tours: Homepage
Bali Hotels, Bali Villas and Bali News from balidiscovery.com
Home Bali Contact Bali Practicalities Bali News Bali Services Bali Transportation Bali Sports Bali Excursions Bali Villas Bali Hotels
Home · News · Bali: Bargain for Europeans
Bali Hotels, Bali Villas and Bali News from balidiscovery.com
Bali Hotels
Bali Villas
Special Deals!
Packages
MICE Handling
Bali Excursions
Culinary - Dining
Guided Tour
Bali Spas
Bali Sports
Diving
Golf
Bali Transportation
Car Rental - Selft Drive
Private Jet Charter
Bali News
Bali Services
Bali Practicalities
Bali Contact
Bali Career
Home
 
Bali Update
Subscribe to our free weekly newsletter!
 
PATA header
PATA Gold Award 2007
Bali Update
PATA Gold Award Winner 2007
 
Bali Contact
Bali Discovery Tours
Komplek Pertokoan
Sanur Raya No. 27
Jl. By Pass Ngurah Rai,
Sanur, Bali, Indonesia

Tel:
++62 361 286 283

Fax:
++62 361 286 284

U.S.A. Fax:(toll free)
1-800-506-8633

U.K. Fax:
++44-20-7000-1235

Australian Fax:
++61-2-94750419

24h:
++62 812 3819724

Bali Discovery

SITE PATA ASITA
Bali News

Bali: Bargain for Europeans

Surge in Euro's Value Against the Dollar Spells Savings for Smart Europeans.


Bali News: Bali: Bargain for Europeans
Click Image to Enlarge

(7/22/2002)

An increase in the Euro's value to virtual parity with the U.S. dollar means that Euro-earning visitors now enjoy more buying power in Bali. balidiscovery.com takes a look at the implications of the currency shift, its implications, and how smart European travelers can make their money go further in Paradise.

Bali - A Dollar Based Economy

Despite the widespread use of the Indonesian Rupiah for daily commerce, Bali's tourism economy is largely dollar-based. Because the Rupiah is technically a "non-exportable" currency, most hotels on the island post their published room prices in U.S. Dollars, with some even posting the cost of food and beverage and other services in dollars. Special "contract rates" extended to travel wholesalers and operators are generally also posted in U.S. Dollars.

Meanwhile, most restaurants and shops sell their goods in Rupiahs.

This means that European travelers converting their Euros into Dollars or Rupiahs now get almost 10-12% more than they did only a year ago. As a result, dining and hotels in Bali - already a bargain by any standard - have become even less expensive for European visitors.

Are You Paying Too Much For Your Bali Holiday?

European visitors to Bali utilizing the services of a major European wholesaler may be failing to reap the full benefit of their strengthening Euro against the Dollar.

Most European wholesalers negotiate their room rates in U.S. Dollars and then convert those rates into Euros in the process of constructing their package rates. Often forced to rely on brochures and prices printed only once a year - the hotel, local transportation, and other components of a Bali holiday marketed in Europe may have been costed when the Euro traded at a 10% to 12% disadvantage to the Dollar. Short of launching an interim promotion before their next brochure printing, prices on offer for Bali may not be reflecting the true level of savings currently available to Euro spending tourists.

How Europeans can Get the Best Deal in Bali

To avoid paying too much for their Bali holiday, European travelers should check and compare current real time prices with an established Bali travel website, such as balidiscovery.com. Prices listed at that website are in U.S. Dollars and guaranteed to be the lowest available on the Internet, allowing European travelers to construct a complete Bali holiday secure in the knowledge that they're getting full value for their hard-earned Euros.



© Bali Discovery Tours. Articles may be quoted and reproduced if attributed to http://www.balidiscovery.com.


 
UBUD WRITERS & READERS FESTIVAL
 
Bali News by Bali Update
Subscribe to the Bali Update
Receive the latest news from Bali by email!



Our [Privacy Statement] explains how we handle the data you are providing.

 
Bali News by Bali Update
Explore the Archive of the Bali Update
Find related articles in our news archive!




or try to use Google Search :

Home · Bali Hotels · Bali Villas · Bali Excursions · Bali Sports · Bali News · Site Map · RSS

Bali News: More News
Harambee, Buana! Harambee!
Hat-trick Win for Kenyan Kennedy Kiproo Lilan on His 3rd Win of BII Maybank Bali Marathon
(9/14/2014)
Holiday of No Return
Suicide Suspected in Death of 31-Year-Old Australian at a Kuta Hotel
(9/13/2014)
Roller Coaster Effect
Bali Hindu Support a Mass Transit Rail System that Honors Local Sensitivities
(9/13/2014)
Climb Every Other Mountain
Bali's Mount Agung Closed to Hikers Until November 21, 2014
(9/13/2014)
We Have a Search Warrant!
Prosecutors Raid Bali Airport Offices Seeking Evidence in Ongoing Corruption Investigation
(9/12/2014)
Bali & Beyond Travel Fair 2015
2nd Bali and Beyond Travel Fair Returns to Bali June 10-14, 2015
(9/12/2014)
Have Lunch with Bali's Best Chefs
Bali Culinary Professionals September Lunch - a Bavarian Affair at Discovery Kartika Plaza Hotel on Saturday, September 27, 2014
(9/12/2014)
Thai-Style Hospitality Comes to Bali
Centara Hotel and Resorts Opens 14-Villa Property at Nusa Dua, Bali
(9/12/2014)
Service Included
Airport Service Charge to be Included in Cost of Domestic Tickets Traveling form Bali's Airport
(9/12/2014)
Waldorf . . . .Make it a Double
Bali to Be Home to Two Waldorf Astorias
(9/12/2014)
Monumental Exports
29.09% drop in Exported Wooden Statues from Bali in January-July 2014
(9/12/2014)
TV Dinners
CNNgo Names Six 'Must Eat' Dishes for a Balinese Holiday
(9/13/2014)
All [News]!
 
Tourism and Transport Tourism Agents