Booking & Planning

Currency Adjustments

Dear Guest,

The shifts in exchange rates affect you because you are traveling to Europe and the shifts also affect Doorways because we collect payment from you in dollars and in most cases pay owners in Euro. To protect our company from losses due to fluctuating currency, we set a protected range when establishing our prices for the year. If the dollar strengthens outside this range, we give money back to you, and if the dollar weakens, we have to collect additional funds. In most cases, though, the dollar stays within the safe range and then your price does not change. 

Overnight Indication Range for April 20, 2018 from Western Union                                                                                                  

Currencies                                          Low           High

EUR - Euro                                      1.2406        1.2453

GBP - British Pound                       1.4219        1.4307

Market News

"America’s greenback was little changed as gains against the yen and emerging market currencies offset weakness versus sterling and commodity units from Australia and Canada. The euro also played it broadly flat after a failed attempt overnight to reclaim 3-week highs. 

Commodity currencies were in vogue thanks mostly to a spike in oil toward $70, the highest since late 2014. Oil has been on a tear on reports that the world’s top exporter, Saudi Arabia, wants to see prices above $80 a barrel. Overall, the U.S. currency kept to a range with downside limited thanks to solid economic fundamentals and upside checked by uncertainty over politics and trade. On today’s docket are U.S. reports on weekly jobless claims, the Philly Fed index and leading indicators."

 In 2000 and in 2001 Doorways gave refunds to guests after they paid their final bill. Everyone was very happy then! For the beginning of 2008, we had to collect extra money but for recent years, there has been no adjustment up or down. Customers renting properties for 2018 may be charged a currency adjustment on the unpaid balance, according to the exchange rate. Here's hoping that the dollar strengthens in time for your trip!

Kit Burns, President
Doorways Villa Vacations 

For more information on booking, planning and financial agreements, please visit our booking forms page