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:
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.

       

 
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
Showdown Ahead?
Groundswell of Opposition to Benoa Bay Reclamation Grows with Long March Through Downtown Denpasar on Sunday, May 22, 2016
(5/23/2016)
Something Fishy Going On
Two Celebrity Chefs Join Forces for a Lunchtime Seafood Fest in Ubud on Friday, May 27, 2016
(5/23/2016)
A Royal Obligation to Serve
Denpasar King Seized by Prosecutors to Begin Serving a 2.5 Year Prison Sentence for Fraud
(5/23/2016)
Pre-Dawn Fatal Crash
Melbourne Man Dies in Collision with Rubbish Truck
(5/23/2016)
And if Dreams Come True . . .
Join an Enchanted Day to Teach Children How to Make Fairy Houses on Sunday, May 29, 2016 at Trans Resort Bali
(5/23/2016)
Just a Month Away
Bali and Beyond Travel Fair in Final Count Down to Opening on June 22, 2016
(5/23/2016)
Stop Only Outside of the Box
Denpasar, Bali Police Introducing Yellow Box Junctions to Reduce Traffic Gridlock
(5/23/2016)
Ate Like Primate
Bali Zoo Offers Breakfast with the Orangutan
(5/23/2016)
The Indonesian Tourism Bucket List
TripAdvisor 2016 List of Most Popular Tourism Landmarks Dominated by Bali
(5/23/2016)
Avoiding Mayhem and Disaster
Bali Officials Study Disaster Mitigation In Darwin, Australia
(5/23/2016)
In Xanadu
Australian Property Developer Sent to Jail in Bali for Property Fraud
(5/23/2016)
Retaliation or Cost Saving
Lion Air Suspends 227 Flights Over One Month Period
(5/23/2016)
All [News]!