Winot
I wholeheartedley agree with your viewpoint
Finally got refund from Istanbul hotel for cancelled Easter trip.
Trouble is that from paying (September) to refund (May) the Turkish Lira has collapsed, so refund is 85% of what I paid.
I’m guessing that I don’t have much chance of making up the shortfall, but hotel invoice was quoted in Euros even though the credit card bill shows a conversion from Lira.
Amex has refunded the exchange rate loss