Online Travel Update: Airbnb Will List Full Price (All Inclusive) | PC Foster Garvey | Tech US News

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Good Sunday afternoon from Seattle. . . Our weekly online travel update for the week ending 11 November 2022 is below. Booking Holdings features prominently in this week’s update as its planned acquisition of Etraveli faces regulatory scrutiny. enjoys

Airbnb presents the total price (all inclusive).

Readers of our weekly update know that resort fees and all-inclusive (or all-inclusive) rates are back in the news. While the FTC considers its plans to regulate resort fees and other mandatory charges, some industry members are proactively announcing their own total pricing plans. Last week, Airbnb announced plans to include total prices (including nightly rates plus cleaning fees and other applicable Airbnb fees and charges, but excluding taxes) at the beginning of users’ search process across the rental platform ( Airbnb already shows everything – prices included when necessary in the EU). Similar all-inclusive prices will appear on the platform’s maps, property listings and price filter tools. Airbnb’s failure to disclose often significant cleaning fees until departure has been the subject of many complaints and social media criticism of the rental platform. The changes are expected to take effect next month.

The planned acquisition of Booking Holdings from the Etraveli group to face the large-scale regulatory review. Sources familiar with the European Commission’s ongoing review of the planned acquisition of Booking Holdings by Swedish group Etraveli have shared that the Commission plans to open a full-scale regulatory review of the acquisition once its initial preliminary review (scheduled for November 16) is complete. . Interestingly, the UK Competition and Markets Authority (CMA) unconditionally approved the takeover earlier this year.

EU court asks to reconsider market definition (and parity). Nothing like having a home advantage in high-stakes antitrust litigation. A Dutch court looking into allegations of anti-competitive behavior by local hoteliers against Booking.com has asked the Court of Justice of the European Union for guidance on the definition of online marketplaces and whether price parity provisions comply with EU competition laws. In its application, the Dutch court questioned whether online travel platforms actually constitute a separate market (separate and apart from the many other distribution channels available to travel suppliers). The European Court’s answer to the question will not only affect future EU competition litigation, but may also affect the decision of whether Booking.com will be subject to the Digital Markets Act (DMA), which among its many other prescriptive measures , completely prohibits MFN or parity provisions. We’ve linked below to Booking.com’s response to the Dutch court’s request, which includes statements from Booking.com that appear to reconfirm its agency status. These are certainly interesting times in the world of EU competition law and its effects on the global online travel platform.

Hopper and Capital One reaffirm partnership. Hopper and Capital One last week announced a new investment round ($96 million) from Capital One in Hopper (on top of its previous investment of $170 million) and a new long-term partnership between Hopper and Capital One Travel. According to Hopper, the new investment will be used to fund growth, including new social commerce initiatives. It’s hard to say which is more meaningful to Hopper at this point, the new investment or a continued partnership, which is rumored by many to be Hopper’s largest (perhaps even primary) current source of bookings.

Have a great week everyone.


Other news:

Airbnb will display total prices at the beginning and end of payment tasks
November 11, 2022 via Skift (subscription may be required)
Skift Take Airbnb responded to years of criticism about the lack of transparency in how it displays its prices. Now, will competitors do the same? Dennis Schaal Bowing to criticism over surprise rates that potential guests find at the end of the booking process, Airbnb announced Monday that starting next month…

The acquisition of ETraveli by Booking could affect regulatory issues
November 11, 2022 via Phocus Wire
Booking Holdings’ takeover of ETraveli Group could have to overcome regulatory hurdles, with the European Commission due to make a decision next week. A year ago, Booking Holdings announced the €1.6 billion acquisition of ETraveli, whose brands include Gotogate, Flygresor, Seat24, Mytrip, virtual interline technology provider TripStack and Flight Network. …

The acquisition of ETraveli by Booking could affect regulatory issues
November 11, 2022 via Phocus Wire
Booking Holdings’ takeover of ETraveli Group could have to overcome regulatory hurdles, with the European Commission due to make a decision next week. A year ago, Booking Holdings announced the €1.6 billion acquisition of ETraveli, whose brands include Gotogate, Flygresor, Seat24, Mytrip, virtual interline technology provider TripStack and Flight Network. …

Booking.com receives questions from the EU’s top court about market power in the hotel booking sector
November 11, 2022 via MLex
Booking.com has welcomed a decision by a Dutch court to seek guidance from EU judges on how to define online marketplaces and whether price parity clauses comply with the bloc’s competition laws. “The Amsterdam Court has now questioned the flawed logic that online travel platforms constitute a market of their own,” he said. A final verdict would be relevant to any competition case in the sector, as well as the EU’s Digital Markets Act, which imposes tough obligations on digital platforms deemed to be “gatekeepers”.

Booking’s deal with Etraveli faces a large-scale EU antitrust investigation, sources say
November 10, 2022 via Reuters (Subscription may be required)
BRUSSELS, Nov 10 (Reuters) – The 1.63 billion euro ($1.7 billion) bid for online travel agency Booking Holdings Inc ( BKNG.O ) by Swedish group Etraveli is facing a large-scale EU antitrust investigation , according to sources familiar with the matter. . Booking announced the proposed acquisition of private equity firm CVC Capital Partners Etraveli in November last year. Etraveli…

Hopper attracts $96 million investment from Capital One in partnership expansion
November 7, 2022 via Skift (subscription may be required)
Capital One, which led a $170 million investment round in travel app Hopper in 2021, added $96 million to the kitty, and the companies announced a long-term partnership between Hopper and Capital One Travel. “Following the success of Capital One Travel, Hopper and Capital One announce an extension…

Destinations International creates a DEI pilot powered by Tripadvisor
November 7, 2022 via Phocus Wire
Destinations International has introduced an equity, diversity and inclusion (EDI) pilot program in partnership with Tripadvisor and the Charlottesville Albemarle Convention and Visitors Bureau in Virginia. “Tourism for All” will launch in Charlottesville and then open to all destinations in early 2024. The program aims to support CVBs and destinations…

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