Tourism: Currency as the competitive edge
Few industries are as competitive as the travel industry. After all, everyone wants to go somewhere, and opportunity abounds at every corner of the globe. However great their product is, many players in the travel industry neglect giving the currency aspect of their business the attention it deserves. The results are clear: profits can easily be erased by even the slightest movements in the FX market.
Our brief travel industry insights paper explores these currency pain-points for the travel industry including:• How currency risk impacts the bottom line
• How pricing locally gives travel industry players an added edge even from afar
• Why controlling and managing FX risks is much easier than you think
To receive your free copy of our two-page industry insights to currency management in the travel industry, please complete the adjacent form.