Booking.com softens rate parity policy in Australia Booking.com has made major concessions to its controversial rate parity policy in Australia following negotiations with the Australian Competition and Consumer Authority but will still not allow hoteliers to offer cheaper rates on their own websites. Source: Hotel Marketing Booking.com softens rate parity policy in Australia
Expedia launches guides for travelers seeking city history Expedia.co.uk today announces the imminent release of City History, an interactive guide that details historical facts about major holiday destinations. Source: Hotel Marketing Expedia launches guides for travelers seeking city history
Uber loses at least .2 billion in first half of 2016 After touting profitability in the U.S. early this year, the ride-hailing company is said to post second-quarter losses exceeding $100 million. Subsidies for Uber’s drivers are responsible for the majority of the company’s losses globally. Source: Hotel Marketing Uber loses at least .2 billion in first half of 2016
European hotel rates keep climbing According to the latest data from STR, hotel rates across Europe continued to rise in July, driven by countries in Eastern Europe. Source: Hotel Marketing European hotel rates keep climbing