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Define "brutal" Booking has made money off travel hand over fist this past decade. It's highly competitive, sure, but for a reason since hotels pay massive pre
by tempsy 7y ago
Define "brutal"
Booking has made money off travel hand over fist this past decade. It's highly competitive, sure, but for a reason since hotels pay massive premiums to these websites to drive sales.
- lotsofpulp 7y agoHotels have less of a monopoly on travel than airlines. Plus most hotels are franchised, so the brands don’t have an incentive to lower commissions paid as they still get their royalties from gross revenue, and it all comes out of the hotel owner’s pockets.
- nunez 7y agoThey and Expedia/Priceline were super super early into the game