FlyerTalk Forums - View Single Post - End of the Dollar Clamp - Tourist Experience discussion
Old Dec 17, 2015, 11:53 am
  #20  
Dieuwer
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Join Date: Aug 2005
Location: BOS
Posts: 15,027
Originally Posted by mccomb
This is not entirely true - hotels are priced in USD. They had to accept payment in pesos at the official rate, so the smart tourist could exchange at the blue rate and pay at the official rate saving themselves 40% or more. With no more blue, those rates are effectively more expensive.

By that measure it's worse for tourists.
Well, when I was in BA earlier this year I booked my hotel on Expedia with a $250 off coupon. Better deal than the blue rate

Originally Posted by mccomb
A stay at the Park Hyatt in January is U$S 540. Yesterday I could have paid U$S 378 with the blue.
True. But when the new higher hotel rates start to deter tourists from coming to BA, the hotel industry will be left with empty rooms. Which means lost income. Which may result in hotels actually lowering room rates to attract tourists back.
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