In the face of recent declines in the value of the U.S. dollar against
several major foreign currencies, The Leading Hotels of the World, Ltd.
has inaugurated a Guaranteed U.S. Dollar Rate program, enabling guests to
know, in advance, the cost of their accommodations abroad.
Rates at 60 currently participating hotels are set in U.S. dollars, 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
been overwhelming since mid 2003, the only cloud on the horizon has been
the recent weakness of US dollar.

“We are aware that hotel accommodations represent a major portion of the
travel experience,” he continued. “And with our Guaranteed Dollar program,
guests can be assured of a fixed cost at exchange rates that are
advantageous to US travelers.”

Among the hotels participating in the program are The Ritz in London,
Hotel Plaza Athenee and Hotel Meurice in Paris, Hotel Lord Byron in Rome,
The Gleneagles Hotel in Scotland, Hotel de Paris in Monte Carlo, and the
Lausanne Palace & Spa in Switzerland.

The Leading Hotels of the World, Ltd. is the prestigious luxury
hospitality organization representing more than 400 of the world’s finest
hotels, and operator of http://www.lhw.com/—the online source for your
luxury lifestyle. For reservations and information, visit
http://www.lhw.com/ or telephone toll-free from the USA, Canada, Puerto
Rico and the US Virgin Islands, 800-223-6800.
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