Travel News
Price Fixing Among Hotels and Online Travel Agencies? A CBS This Morning Report
A recent anti-trust lawsuit claims that major hotel chains and online travel agencies (OTA) colluded to fix hotel prices across the country. Translation? Instead of finding competitive rates, consumers are allegedly seeing the same prices on almost every site.
Named in the class-action lawsuit are Expedia, Inc., Travelocity.com LP, Sabre Holdings Corporation, Booking.com (a subsidiary of Priceline), Priceline.com, Inc., Orbitz Worldwide, Inc., Hilton Worldwide, Inc., Starwood Hotels & Resorts Worldwide, Inc., Marriott International, Inc., Trump International Hotels Management, LLC, Kimpton Hotel & Restaurant Group, LLC, and Intercontinental Hotels Group Resources, Inc.
Peter sat down with Charlie Rose and Gayle King on CBS This Morning to explain the story behind the lawsuit and how the OTAs are responding to the claim. Plus, he shares his tips on how the art of conversation can help you avoid online shopping altogether.
Related links:
- Learn the secrets to navigating opaque travel booking sites
- Airlines and online travel agencies battle over anti-trust law
- Catch up on the latest hotel news you can use