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 Nov 22, 2019 from Western Union:                                                                                                            

Currencies                                          Low           High

EUR - Euro                                      1.1093        1.1133

GBP - British Pound                      1.2903        1.2982

Market News

:Sterling stood out in otherwise lackluster currency markets as a nearly 0.5% slide pushed the U.K. unit to one-week lows. The greenback, euro and yen were little changed. Canada’s dollar stabilized ahead of an important read on the nation’s economy. Currency markets have largely entered a slumber-like state as the year winds down. Meanwhile, few currencies hold a distinct advantage over their rivals, resulting in subdued volatility and narrow ranges. The pound fell after weaker than expected U.K. data offered evidence of rising uncertainty ahead of Britain’s general election next month. In the euro zone, manufacturing improved but services growth moderated. All eyes today will be on Canadian retail sales at 8:30 a.m. ET followed by U.S. consumer sentiment at 10 a.m."

 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 now may be charged a currency adjustment on the unpaid balance, according to the exchange rate, but at this point it is unlikely. 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