Travel

Fly to the world of software-based FX Management for Travel companies and take your business to new heights.

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Grow your business by dealing in more currencies

Expand your business into strategic markets by selling in more currencies. Increase bookings with dynamic pricing to win over your competitors. And protect your margins by buying and selling in the currency of your customers and suppliers — with no FX risk.

Download our report "Currency Management
for B2B and B2C Travel Distributors"

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Bringing value to Travel players

Enhance the firm's value using automated FX risk management solutions designed for Travel players who want to increase bookings. With automated micro-hedging programs you will protect all transactions from FX risk.

Check out how we help each sector.

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Bedbanks

Buy and sell in the currency of your customers and suppliers and discover the benefits of FX automation.

OTAs and Tour Operators

Grow your business by dealing in the currencies of customers and suppliers — with no currency risk.

Hotel Chains

Take advantage of the many margin-boosting opportunities created by multi-currency offerings.

DMCs (Destination Management Companies)

Leverage your expertise and differentiate your brand by selling in the currency of your clients.

Airlines and Flight Consolidators

Take advantage of currencies to improve competitiveness while leveraging your IATA licenses.

Cruises and Rental Cars

Use multi-currency offerings to unlock new margin-boosting opportunities — with no currency risk.

Travel Tech

Are you a Channel Manager, a VCC supplier or a booking engine? Partner with us and expand your business with FX automation.

Bedbanks

Buy and sell in the currency of your customers and suppliers and discover the benefits of FX automation.

Learn more

OTAs and Tour Operators

Grow your business by dealing in the currencies of customers and suppliers — with no currency risk.

Learn more

Hotel Chains

Take advantage of the many margin-boosting opportunities created by multi-currency offerings.

Learn more

DMCs (Destination Management Companies)

Leverage your expertise and differentiate your brand by selling in the currency of your clients.

Learn more

Airlines and Flight Consolidators

Take advantage of currencies to improve competitiveness while leveraging your IATA licenses.

Learn more

Cruises and Rental Cars

Use multi-currency offerings to unlock new margin-boosting opportunities — with no currency risk.

Learn more

Travel Tech

Are you a Channel Manager, a VCC supplier or a booking engine? Partner with us and expand your business with FX automation.

Learn more

Other Travel Resources

Report

Removing currency risk in all transactions

Podcast

Booming Bookings and Innovative Trends

Case Study

How AERTiCKET improved its hedging with Kantox

Automated FX Management for Travel.
Let your business take off.

Book a demo

Speak with an expert

FAQs about Kantox for the Travel Industry

Why should we hedge?

Currency risk management is a tool that companies can use to improve their competitive position and take advantage of profit margin-enhancing opportunities. By embracing currencies (i.e using currencies other than their operational currency to work with clients and suppliers), businesses in the Travel industry can avoid the impact of currency fluctuations.

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This means that they can offer more stable pricing to their customers while buying in the currencies of their suppliers and avoid supplier mark-ups. Additionally, they have greater visibility and control over their financial performance.

What currencies does Kantox work with? Does Kantox support exotic currencies?

Kantox supports a wide range of currencies, including exotic currencies. Contact our Currency Management experts to learn if we can help you with your FX needs.

Can a user of Kantox solutions still have some control over the transactions made on the platform or is it all completely automated?

While the platform is designed to automate many aspects of the FX workflow, users can still customise and manage certain aspects of the process.

For example, users can set up different types of hedging rules and select their preferred liquidity providers for trade execution. They can also set manual checkpoints at each phase of the FX workflow regarding the size, timing and currency pair of any FX transaction. Additionally, users can monitor their exposure and hedging performance through real-time reporting and insights.

Is Kantox able to handle a firm's dynamic pricing model?

It does this by automatically updating prices based on FX rates. This allows businesses to calculate prices in foreign currencies while selling products or services. Dynamic Pricing automatically updates prices based on currency market movements to help businesses gain a competitive advantage and protect their margins.

If a company's ERP/TMS is old, can Kantox solutions integrate with any system and how?

Kantox uses API integration to connect with your data systems. API connectivity allows the Kantox platform to receive information from data tools such as ERP, TMS, MDP, booking engine, etc and get real-time exposure data and market-monitoring capabilities to improve decision-making.

How does a company manage the risks associated with operating in exotic markets if they decide to use more currencies?

To the extent that there are liquid and well-functioning Non-Deliverable Forwards (NDFs), Kantox can help companies use more non-major currencies. Solutions include pricing with the forward rate and a variety of setups to delay the execution of hedges to reduce costs.

Why does a company need automation in their FX hedging process if they handle it manually?

A company needs automation in their FX hedging process if they handle it manually because it can help them to:

Reduce FX risk: Automation removes currency risk with very precise balance sheet and cash flow hedging programs.
Reduce costs: Automation reduces FX hedging costs by reducing the forward point impact and connecting to Multi-Dealer platforms.
Improve accuracy: Automation can help to improve the accuracy of FX hedging by using a market-based approach.
Increase efficiency: Automation can help to increase the efficiency of FX hedging by streamlining the entire workflow.

How does Kantox deal with cancellations/modifications?

Kantox has various options to handle modifications, including triggering a swap or defining a cancellation rate (amount modification only). Finally, we can receive negative entries to modify the first entries we have received.

Grow your business by dealing in more currencies

Download our report "Currency Managementfor B2B and B2C Travel Distributors"

Bringing value to Travel players

Other Travel Resources

Removing currency risk in all transactions

Booming Bookings and Innovative Trends

How AERTiCKET improved its hedging with Kantox

Automated FX Management for Travel.Let your business take off.

FAQs about Kantox for the Travel Industry

Book a session with one of our FX Specialists

Download our report "Currency Management
for B2B and B2C Travel Distributors"

Automated FX Management for Travel.
Let your business take off.

Book a session with
one of our FX Specialists