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Europe Travel Report (May 2010)

IN THIS ISSUE OF ETR

Dear Traveler,

Albeit with some wind, rain, and chilly days, spring has come to our town of Ashland, here in southern Oregon. Dogwoods and rhododendrons are spectacular. The massive oaks in our backyard are now fully leafed and partly obscure the view to the valley. The town is already full of tourists. So far, Hamlet gets mixed reviews, Cat on a Hot Tin Roof is by all accounts a winner, but the sensation of the 2010 Oregon Shakespeare Festival to date is the musical, She Loves Me. The Merchant of Venice and Twelfth Night have just joined the rotation. Three new, eager restaurants have opened in spaces where dishes served by former tenants had become stale and repetitive. Time will tell if they can join our list of favorites: Peerless, Lila's, Kobe, and Thai Pepper. While I look forward to a summer of outdoor dining, golf, and quick trips to the coast on the hottest days, my thoughts are on Europe where…

… the dollar has strengthened dramatically against the euro. Last November, the buck was worth only 0.67 euro. Today it fetches 0.82 euro. The 100 euro hotel room that cost $150 in November is now $122. That 4-euro beer has dropped from $6 to less than $5. It appears that in 2010 the major in-country cost components of a European vacation are going to be lower than they have been in several years. I profess no knowledge of what makes currencies fluctuate, but it seems pretty clear that the euro's current weakness has to do with worries about the financial problems of certain countries in the so-called "eurozone." Since the fundamentals that caused the dollar to steadily weaken over the past several years haven't changed, it seems logical that when these fears subside, the euro will regain strength. Most currency gurus, however, forecast continued euro anemia, and more than a few predict a Europe traveler's dream: parity for the dollar against the euro. Either way, I say go to Europe now.



 
Europe Travel Report (May 2010)
Europe Travel Report (November, 2005)
Europe Travel Report (February 1994)
Europe Travel Report (December 1995)
Europe Travel Report (December 1997)
Europe Travel Report (November 1996)
Europe Travel Report (July 1997)
Europe Travel Report (October 1993)
Europe Travel Report (January, 2011)
Europe Travel Report (February 2000)
Europe Travel Report (March 1995)
Europe Travel Report (February 1997)
Europe Travel Report (September 1995)
Europe Travel Report (November 1999)
Europe Travel Report (August 1999)
Europe Travel Report (August 2000)
Europe Travel Report (March 2000)
Europe Travel Report (October 1995)
Europe Travel Report (February 1995)
Europe Travel Report (April 1996)
Europe Travel Report (June 1996)
Europe Travel Report (May 1999)
Europe Travel Report (June 2000)
Europe Travel Report (July 1994)
Europe Travel Report (November 2000)
Europe Travel Report (December 1999)
Europe Travel Report (March 1993)
Europe Travel Report (August 1998)
Europe Travel Report (May 1996)
Europe Travel Report (July 1993)
Europe Travel Report (January 1997)
Europe Travel Report (April 1997)
Europe Travel Report (October 2000)
Europe Travel Report (January 1996)
Europe Travel Report (May 1993)
Europe Travel Report (July 1999)
Europe Travel Report (May 1995)
Europe Travel Report (October 1999)
Europe Travel Report (March 1996)
Europe Travel Report (June 1993)
Europe Travel Report (April 2000)
Europe Travel Report (January 2000)
Europe Travel Report (January 1993)
Europe Travel Report (July 1996)
Europe Travel Report (August 1997)
Europe Travel Report (February 1998)
Europe Travel Report (April 1999)
Europe Travel Report (January 1999)
Europe Travel Report (September 1993)
Europe Travel Report (April 1993)
Europe Travel Report (November 1994)
Europe Travel Report (March 1999)
Europe Travel Report (February 2011)
Europe Travel Report (May 2011)
Europe Travel Report (March, 2011)

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