This is more a generic travel question but as there is no generic forum and I'm thinking of booking hotel in Amsterdam that I may need to cancel so I'm asking it here.
Does anyone know whether when you pay a hotel upfront but need to cancel later (within their cancellation period), do they simply reverse the charge or do they pay me back in euros? The first is no FX conversion takes place and i get back exactly the same amount I paid in my own local currency, the second one FX is applied which means I will get less back than what was paid.
Or does it depend on the hotel?