I was wondering if anyone currently visiting Italy has noticed if prices have going up in restaurants and hotels to compensate for the weakening euro? When I last checked the euro was at 1.22 which is about .20 less then last year this time.
Posted by
Pensacola
9110 posts
Do the prices go down here in the yen goes up?
Posted by
Cesena, Italy
791 posts
Nothing significant. Prices still the same....high!
Ron
Posted by
Tresana, Highlands Ranch, CO, USA
23626 posts
Currency changes have almost nothing to do with local pricing. The only impact could be on imported items but local food, hotels, would have no reason to change. It is not like they are getting less money because the Euro is worth less. The ratio of the dollar to the Euro makes no difference to them.
Posted by
WPB, FL & Firenze
3112 posts
I was in Italy about 3 weeks ago and didn't notice any increased hotel or restaurant prices. The only noticable price increase from last year was train fares.
Posted by
Eastern Iowa, USA
8067 posts
Yeah, I don't think you would see much change as most businesses are more concerned about local and European Customers as opposed to a handful of Americans. However, when the Dollar fell real far ($1.50 or more) you did see a few very tourist centric businesses like Hotels or tour companies offer discounts to Americans to maintain business. I would assume that these discounts have evaporated.
Posted by
OP
Harrisburg
7 posts
thank to those that were insightful with your answers. I just wanted to get a pulse on the euro state of affairs since we are going in July for 20 days.