Google works with hotels to hurt travel competition
1–10 of 68 posts
Re: Google works with hotels to hurt travel competition
#2Re: Google works with hotels to hurt travel competition
#3paywall.
Re: Google works with hotels to hurt travel competition
#4 javascript:window.location='https://facebook.com/l.php?u='+window.locationRe: Google works with hotels to hurt travel competition
#5Protip: you can just paste the following to the address bar to bypass the paywall: javascript:window.location='https://facebook.com/l.php?u='+window.location
Also you can follow the link https://facebook.com/l.php?u=https://www.wsj.com/articles/go...
great tip, thanks
Re: Google works with hotels to hurt travel competition
#6"OTAs earn a roughly 20% commission from hotels for each reservation they book, which covers their cost of marketing, inventory acquisition, customer support and payment processing."
20% is a ton! Later in the editorial, the writers complain about how Google takes "a 10% to 15% commission on net revenues from reservations booked through its meta-search. Google thus gobbles up most of the profits that OTAs earn".
But Google is taking on the marketing! To be fair, inventory acquisition and payments are also costs, but from running travel sites before, travel truly is a marketing game. As a result, their take makes sense given that they're really taking the place of the traditional marketing channel.
Google's concentration of power definitely is concerning. But the OTAs (who have been living off fat profits for years; see Priceline stock [1]) get none of my sympathy.
[1] https://finance.yahoo.com/quote/PCLN/; has outperformed Google stock over the past 10 years
Re: Google works with hotels to hurt travel competition
#7It's it impossible for any large company to simply make a better product any more and use that to compete? Or must it always be bend the rules, bend the law, lock people in to avoid competition?
Is there an alternative?
Re: Google works with hotels to hurt travel competition
#8Yay anti-competition! It's it impossible for any large company to simply make a better product any more and use that to compete? Or must it always be bend the rules, bend the law, lock people in to avoid competition? Is there an alternative?
Re: Google works with hotels to hurt travel competition
#9Re: Google works with hotels to hurt travel competition
#10Protip: you can just paste the following to the address bar to bypass the paywall: javascript:window.location='https://facebook.com/l.php?u='+window.location