Locked in rate for long-term reservations

Answered!
H-M-0
Level 1
Singapore

Locked in rate for long-term reservations

Hi! I searched the FAQ and couldn't find the answer to my question. Maybe someone here can help me out?

 

I'm looking to book an apartment for a couple of months, but the FAQ about charges doesn't answer my question about currency fees.
The FAQ mentions the rate is locked in to the rate agreed upon at booking.
My question is: Is this locked-in rate in the host's currency or my currency? This is important to me, because...here's an example.
Let's say, the initial agreed rate is $500 per month. When I go to the apartment, and the rate for the host's currency has increased by two times (I'm just giving an example), will I be expected to pay $1,000 now, even though the rate is supposed to be $500 in my currency?
Any help would be appreciated, thanks!

Top Answer
David126
Level 10
Como, CO

Host does not know which currency you are paying in, price is set in their currency.

David

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3 Replies 3
David126
Level 10
Como, CO

Host does not know which currency you are paying in, price is set in their currency.

David

Thanks David! Is it possible for me to find out which currency the host has set their rate too, or is it fixed depending on which country the apartment is located in?

Listing will be based on which country they are in.

 

My listing is USD as I am in the US, somebody searching from elsewhere will show the current price in their currency.

David

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