Marriott and Hilton Announce Penalty for Last-Minute Cancellations | nytimes.com
In recent years, the airline industry has generated billions in revenue by charging fees on top of base fares. Now the hotel industry seems to be having the same idea. Two worldwide hotel companies, Marriott and Hilton, recently announced that they would increase their fee revenue by tightening rules on last-minute reservation cancellations. Business travelers have long been accustomed to being able to cancel a reservation at many hotels, without charge, as late as 6 p.m. on the day of arrival.