Excerpt from TravelPulse
Marriott International's chief executive officer announced Thursday the company plans to lower the commissions it pays to online travel agencies.
According to Reuters.com, Marriott CEO Arne Sorenson said during a press conference in India the lowered commissions will begin with Expedia Group as the hotel company renegotiates its contract with the OTA later this year.
For the first time since Marriott merged with Starwood Hotels in 2016, the company will be renegotiating contracts with major online travel agencies, including Booking Holdings in 2019.
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