A recent statement from Citigroup predicts that the US dollar will become stronger then the Euro by “next year, if not sooner.” What does this mean for travel? Within the next year, Americans will have the added incentive of value in traveling to Europe. This may spark a rise in travel to European destinations from the US, as the Euro continues to drop to the lowest rate in 14 years. Airline carriers with routes from the US to Europe should prepare for a potential increase in ticket purchases, as more and more Americans learn about the savings.
Read more about the financial situation of the Euro and Wall Street predictions for the coming year.