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I have a hotel to pay for in US dollars.....Am I...

Better to pay this in full now or should i hang on till August / September 2017 when it needs to be paid?
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Comments

  • agrinnall
    agrinnall Posts: 23,344 Forumite
    10,000 Posts Combo Breaker
    Anyone who says they know the answer is lying...
  • melanzana
    melanzana Posts: 3,953 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker I've been Money Tipped!
    Just pay it as soon as you think it's right for you.

    Anything else is pure speculation.
  • How exactly is your contract with the hotel/booking agency written with regards to payment and price changes?

    If you don't pay until August 2017 and the room price increases before then, is there anything stated to say that these increases can be passed onto you?
  • I have booked room for 11 nights direct with hotel and paid deposit for 3 nights . The price is fixed and i will have approx 1300 US dollars to pay on arrival
  • EssexExile
    EssexExile Posts: 6,613 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    I wouldn't pay until I have to, then if something happens & I can't go or plans change I haven't lost much.
    Tall, dark & handsome. Well two out of three ain't bad.
  • Sharon87
    Sharon87 Posts: 4,011 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Wait, the exchange rate will likely improve in our favour after Trump spends all the money on the wall! Haha!

    Seriously though, wait, the exchange rate won't get worse, but more likely get better.
  • photome
    photome Posts: 16,755 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Bake Off Boss!
    Impossible question to answer but..do you even have the option of paying now?

    I have US hotels booked for next year that I will be paying for on checkout
  • Yes I have the option of paying now

    Looks like ill hang on and pay later on
  • glentoran99
    glentoran99 Posts: 5,825 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker Debt-free and Proud!
    Sharon87 wrote: »
    Wait, the exchange rate will likely improve in our favour after Trump spends all the money on the wall! Haha!

    Seriously though, wait, the exchange rate won't get worse, but more likely get better.



    Can I borrow your Crystal ball?
  • photome
    photome Posts: 16,755 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Bake Off Boss!
    Sharon87 wrote: »
    Wait, the exchange rate will likely improve in our favour after Trump spends all the money on the wall! Haha!

    Seriously though, wait, the exchange rate won't get worse, but more likely get better.

    its got worse over the last week

    from 1.26 on the 10th to 1.22 today

    where do you get your facts from
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