This webinar is available to view on demand.
ABTA Members and Partners can access this free of charge on the Member zone.
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ABTA’s weekly webinars are delivered in collaboration with trusted ABTA Partners and offer business support and advice to travel businesses during this crucial time.
Join ABTA, OFX, Deloitte and The Travel Trade Consultancy (TTC) to explore how travel companies can manage FX risk to protect their businesses during these uncertain times.
In recent weeks, the Great British pound reached a near nine-month high of $1.3250 against the US dollar, a level not seen since December 2019. And the euro surged to a new high of $1.1965 against the US dollar, a level not seen since May 2018.
As currency markets warn of volatility ahead, understand and get practical guidance on what you can be doing to mitigate risk and protect your business from currency fluctuation as we move into a world with COVID-19, and as travel unlocks.
Get an overview of the UK’s economic outlook and a travel market update from Deloitte. Explore different possible economic recovery models with The Travel Trade Consultancy.
Hear from OFX on currency forecasts and milestones to look out for in the months ahead. Understand what's driving the pound, euro, and US dollar right now and the impact on travel businesses. Take away practical guidance on risk management strategies that you can implement now to save money for your travel business.
Listen to a first-hand case study from an ABTA Member on how they plan on mitigating risk. Get your live and pre-submitted questions answered during dedicated Q&A time.
- Overview of the UK’s economic outlook and a travel market update
- Currency forecasts and milestones to look out for in the months ahead
- Practical guidance on FX risk management strategies
- Moderator: Carolyn Watson, Director of Finance and Operations, ABTA
- Hamish Muress, SME Currency Strategist, OFX
- Martin Alcock, Director, The Travel Trade Consultancy (TTC)
- Jez Allen, Director and Owner, Firefly Holidays
- Alistair Pritchard, Lead Partner, Travel & Aviation, Deloitte
Deloitte is an industry leader in the travel and aviation sector with a dedicated team offering a range of integrated services from financial, risk advisory, taxation, accounting and consultancy advice to help clients evaluate complex issues, develop fresh approaches to problems and implement practical solutions. Deloitte is led by a purpose: to make an impact that matters. We bring world-class capabilities and high-quality services to our clients. With our unrivalled knowledge of the industry and the business challenges facing companies, we are able to bring together experts to help clients solve their most complex problems. We work with most of the world’s leading companies in the sector with a focus on providing outstanding service, maximising value for our clients and enabling them to make informed decisions.
OFX is a global money transfer company that helps people and businesses thrive in our evolving and fast-moving world. We are on a mission to lead the age of borderless money by combining a streamlined digital experience, expert personal service and great rates so our customers can transact across borders when, where and how they want. We empower our customers to live and work globally with confidence, 24/7.
For more than 14 years, we’ve been helping travel businesses. Helping with ATOL, ABTA and IATA regulatory and bonding issues. Helping with financial, back office and supplier payment services and helping create business plans, raise money, and find investors. At The Travel Trade Consultancy we offer friendly, concise, practical advice to help you manage your business through changes that affect your business. We also offer a compliance management service that means you’ll never have to think about it again.
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