Swiss authorities order Booking.com to cut commissions for hotels

The Swiss pricing regulator has instructed the American online hotel reservation platform Booking.com, managed by Booking Holdings, to decrease its prices in Switzerland, according to a statement from the watchdog.

Published on
Read: < 1
Swiss authorities order Booking.com to cut commissions for hotels © Daily Management Review

As per the directive, Booking.com is required to reduce commissions for hotels in Switzerland by nearly 25%. The regulator thinks they are “excessive to the level of exploitation”.

Booking.com has promised to challenge the decision and will not adjust commissions until the process is complete.

The service stated, “We do not support a mandatory decrease in the price of a completely optional product.”

source: ft.com

Leave a Comment

Share to...