Antravia Research - Beyond FX Fees: Currency Strategy for Travel Companies That Want to Scale

This white paper by Antravia ( https://antravia.com/ ) explores how currency exposure is silently shaping margin, pricing, and payment flows across the global travel ecosystem.

Drawing on real-world insights from OTAs, wholesalers, DMCs, and hotel groups, the paper maps where FX risk sits, and how to move beyond passive management to active, structural strategy.

The paper covers internal matching, hedging options, refund volatility, payment architecture, treasury governance, and real case studies, all written for senior decision-makers across finance, operations, and commercial teams in travel.

Key Themes

• Booking-level FX mapping and treasury visibility

• The margin impact of refund and VCC-related currency swings

• Why “zero FX fees” can still cost you

• FX strategy models for OTAs, DMCs, hotel groups, and wholesalers

• Treasury structure, hedge accounting, and cross-entity complianceThe paper

Published by Antravia Advisory – more resources at https://antravia.com/antravia-research