Hotels: Platforms arbitrarily shape accommodation availability – Economic Postman
The two dominant players in the hotel accommodation market Booking Holdings and Expedia Group, hold 71% and 15% share of the online travel agencies (OTAs) market, with Booking recording 10% growth over the past 10 years and Expedia 2% over the past 2 years. In addition, OTAs set prices arbitrarily in 4 out of 10 … Read more