Hotel Prices Could Fall After OFT Investigation Into Comparison Sites
Office of Fair Trading examined allegations major reservation sites such as Booking.com and Expedia insist on 'rate parity' from hotel chains and so prevent competitive discounting
Hotel room prices could fall across the board in the UK following the results of an investigation by the Office of Fair Trading.
Complainants also alleged that the sites prevented rival reservation services from undercutting them. The OFT probed allegations that IHG had made separate agreements with both Booking.com and Expedia to restrict other reservation sites from offering discounts.