• Discount deal struck

The UK’s Office of Fair Trading has agreed terms with major OTAs booking.com and Expedia, and IHG, to allow OTAs to discount hotel room rates. But discounts will only be offered to those who sign up to a membership scheme, and buy a full price room first.

The OFT says the move will allow greater competition on price between OTAs and hotels. It also suggests the move will allow new OTAs to enter the market or expand by offering discounts.
Read the full story here:
http://www.oft.gov.uk/news-and-updates/press/2014/06-14#.UuttE38gGSM

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