A stronger US Dollar has reduced costs for Americans in much of Europe,Japan,India, Australia and many more places. The Euro on Monday was at it's lowest against the Dollar since 2006.
Exchange rates, the price of oil - prices in general go in cycles. We've paid more for a time, now Europeans will pay more for a while and then back again. I'm sure many Americans used the "opportunity" to travel domestically. I have. I'm just glad to see it cycle back in our direction for a while so I can encourage myself to head to Europe.
While a strong dollar may be good for American travelers going abroad, it's bad for American businesses. Foreign travelers will have to pay proportionately more to travel to the USA, and will be looking to go elsewhere where their Euros and pounds and ruppees will go farther. Less visitors, less revenues, less jobs, less good for the USA economy.
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