Saturday 24 October 2015

The Billion Dollar “Leakage” Continues to Drain the Hospitality Industry

Book Direct to Support Local Tourism

Revenue "leaked" from the hotel industry to the OTAs in the form of abnormally high merchant commissions of 25% and higher will reach $5.4 billion in 2010. This leakage must be stopped and reversed as it drains the hospitality industry’s bottom line and threatens the mere survival of the industry

No comments:

Post a Comment