Hotel reservation currency
#1
Original Poster
Join Date: Jan 2004
Location: MSP
Programs: AA Plat Pto, IHG Plat, HH Gold, Hyatt Globalist
Posts: 2,536
Hotel reservation currency
When searching for a hotel in BA, the rates I am presented are in USD rather than pesos. This seems to be consistent both with the chains and independents on both online travel agents and directly. Am I actually locking my rate in USD or is the rate actually in ARS and is just not visible? Either way I would ideally like to settle my bill in blue cash allowing a stay at a price point I would otherwise not book.
#2
Moderator, Argentina and FlyerTalk Evangelist
Join Date: Aug 2000
Location: MIA / EZE
Programs: Lord of Malbec & all Wines Argentine. AA EXP / Marriott Lifetime Silver / Hertz Presidents Circle
Posts: 35,681
It is normal for rates to be quoted in US Dollars. You can pay in cash upon checkout, IF you booked a post-paid rate (and not a prepaid rate). The US Dollar rate will be converted at the official rate, allowing you to enjoy the ForEx spread, provided at the time of your check-out this spread still exists.
What are you intended dates of travel....???
What are you intended dates of travel....???
#3
Original Poster
Join Date: Jan 2004
Location: MSP
Programs: AA Plat Pto, IHG Plat, HH Gold, Hyatt Globalist
Posts: 2,536
It is normal for rates to be quoted in US Dollars. You can pay in cash upon checkout, IF you booked a post-paid rate (and not a prepaid rate). The US Dollar rate will be converted at the official rate, allowing you to enjoy the ForEx spread, provided at the time of your check-out this spread still exists.
What are you intended dates of travel....???
What are you intended dates of travel....???
#4
Join Date: Mar 2005
Location: Paris, France
Programs: Flying Blue Gold
Posts: 760
One of the candidates (Macri) said if he wins he will liberalise the currency market soon after taking office. The logical consequence is that the official and the black market rates will converge, with "experts" putting their bets at 1 USD = 14/15 official pesos by February (December and January would probably be unstable exchange-wise). Of course this is an electoral promise, but the guy seems serious on the matter.
#5
A FlyerTalk Posting Legend
Join Date: Aug 2006
Location: Argentina
Posts: 40,210
One of the candidates (Macri) said if he wins he will liberalise the currency market soon after taking office. The logical consequence is that the official and the black market rates will converge, with "experts" putting their bets at 1 USD = 14/15 official pesos by February (December and January would probably be unstable exchange-wise). Of course this is an electoral promise, but the guy seems serious on the matter.
#6
Moderator, Argentina and FlyerTalk Evangelist
Join Date: Aug 2000
Location: MIA / EZE
Programs: Lord of Malbec & all Wines Argentine. AA EXP / Marriott Lifetime Silver / Hertz Presidents Circle
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Aside from interesting, Argentina is going to begin another of its strong upwards cycles. What remains to be seen is if this time we are able to turn yet another growth cycle into something long term that stays its course, allowing for some real structural changes in various basic aspects of the Economy, the Political System and Society as a whole.
#7
A FlyerTalk Posting Legend
Join Date: Aug 2006
Location: Argentina
Posts: 40,210
Aside from interesting, Argentina is going to begin another of its strong upwards cycles. What remains to be seen is if this time we are able to turn yet another growth cycle into something long term that stays its course, allowing for some real structural changes in various basic aspects of the Economy, the Political System and Society as a whole.
#8
Join Date: Apr 2003
Location: Ontario, Canada
Posts: 972
Aside from interesting, Argentina is going to begin another of its strong upwards cycles. What remains to be seen is if this time we are able to turn yet another growth cycle into something long term that stays its course, allowing for some real structural changes in various basic aspects of the Economy, the Political System and Society as a whole.
#9
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Join Date: Aug 2006
Location: Argentina
Posts: 40,210
Gaucho100K is more qualified to explain the impact of it all.
#10
Moderator, Argentina and FlyerTalk Evangelist
Join Date: Aug 2000
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So commodity prices is the only relevant variable in the Argentine Economy......? If you are interested in the subject, I suggest you brush up on your reading about what the Argentine Economy is all about - it will do wonders with your capacity to ask the right questions, and will give you a lot of your own answers !!!
#11
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So commodity prices is the only relevant variable in the Argentine Economy......? If you are interested in the subject, I suggest you brush up on your reading about what the Argentine Economy is all about - it will do wonders with your capacity to ask the right questions, and will give you a lot of your own answers !!!
#12
Moderator, Argentina and FlyerTalk Evangelist
Join Date: Aug 2000
Location: MIA / EZE
Programs: Lord of Malbec & all Wines Argentine. AA EXP / Marriott Lifetime Silver / Hertz Presidents Circle
Posts: 35,681
Yes, thanks for reminding me, Eastbay1K... back to travel & hotel related issues please !!! ^
#13
Join Date: Apr 2003
Location: Ontario, Canada
Posts: 972
So commodity prices is the only relevant variable in the Argentine Economy......? If you are interested in the subject, I suggest you brush up on your reading about what the Argentine Economy is all about - it will do wonders with your capacity to ask the right questions, and will give you a lot of your own answers !!!
#14
Join Date: Aug 2015
Posts: 146
In BA now. The blue rate took a dive right before the election to ~14, and has rebounded back to 15+ as of today.