Leading Hotels of the World, Ltd. Offers Guaranteed US Dollar Rates

In the face of recent declines in the value of the US dollar against major foreign currencies, The Leading Hotels of the World, Ltd. has announced a Guaranteed US Dollar Rate program, enabling guests to know, in advance, the cost of their accommodations abroad. Rates at nearly 60 participating hotels are set in US dollars, and paid in advance at the time of booking, thus letting guests “know before they go” what the precise amount of their hotel expenditures will be, alleviating worries about currency fluctuations.

Marshall Calder, Senior Vice President of Marketing for The Leading Hotels of the World, Ltd., stated, “While the demand for international travel has remained relatively strong, there is, however, concern – even in the luxury sector – over the value of the dollar against other major currencies.”

“We are aware that hotel accommodations represent a major portion of the travel experience,” he continued. “For residents of North and South America who are planning a trip abroad, the opportunity to pay for lodging in US dollars has tremendous appeal. With our Guaranteed Dollar program, they can be assured of a fixed cost at advantageous exchange rates.”

Among the hotels participating in the program are The Milestone Hotel and The Ritz in London, Hotel Le Bristol and Hotel Raphael in Paris, Hotel Majestic in Rome, Hotel Le Palais in Prague, Hotel Metropole in Monte Carlo, The Scotsman in Edinburgh, and The Hotel Baltschug Kempinski in Moscow. Please refer to booking code L09. Please note: Full non-refundable prepayment required at time of booking. Reservations cannot be canceled.