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March 27, 2008updated Jul 29, 2015

The Leading Hotels of the World, Ltd. Promotes International Travel with Guaranteed US Dollar Rates

By Pardhasaradhi Gonuguntla

NEW YORK — In the face of recent declines in the value of the US dollar against major foreign currencies, The Leading Hotels of the World, Ltd. has announced a Guaranteed US Dollar Rate program, enabling guests to know, in advance, the cost of their accommodations abroad.

Rates at nearly 60 participating hotels are set in US dollars, and paid in advance at the time of booking, thus letting guests know before they go what the precise amount of their hotel expenditures will be, alleviating worries about currency fluctuations.

Marshall Calder, Senior Vice President of Marketing for The Leading Hotels of the World, Ltd., stated, “While the demand for international travel has remained relatively strong, there is, however, concern – even in the luxury sector – over the value of the dollar against other major currencies.

“We are aware that hotel accommodations represent a major portion of the travel experience,” he continued.

“For residents of North and South America who are planning a trip abroad, the opportunity to pay for lodging in US dollars has tremendous appeal. With our Guaranteed Dollar program, they can be assured of a fixed cost at advantageous exchange rates.”

Among the hotels participating in the program are The Milestone Hotel and The Ritz in London, Hotel Le Bristol and Hotel Raphael in Paris, Hotel Majestic in Rome, Hotel Le Palais in Prague, Hotel Metropole in Monte Carlo, The Scotsman in Edinburgh, and The Hotel Baltschug Kempinski Moscow.

Please refer to booking code L09.

Please note: Full non-refundable prepayment required at time of booking.

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About The Leading Hotels of the World, Ltd.
The Leading Hotels of the World, Ltd. is the prestigious luxury hospitality organization representing nearly 450 of the world’s finest hotels, resorts and spas, and is the operator of and – the online sources for your luxury lifestyle. As the largest international luxury hotel brand, the firm maintains offices in 26 major markets across the globe.

Since 1928, the company&rsquos reputation for excellence derives from the exacting levels of quality it demands of its members, each of which must pass a rigorous, anonymous inspection covering 1,500 separate criteria.

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