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Strategies & Market Trends : Value Investing

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To: Elroy who wrote (71761)12/18/2022 5:17:34 PM
From: Spekulatius1 Recommendation

Recommended By
petal

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Booking gets wholesale discounts from the Hotels. they get more from unbranded Hotels (prevalent in Europe) than in the US. They often guarantee some volume for the Hotels too which has value.
You can also see through booking if they have actually free rooms or not. So it’s way more complicate than setting up a Craigslist type website for cheap. Booking has just brand, they they have wholesale agreements with ten thousands of Hotels, booking system payment, customer service.

Big hotels chains like Hilton can do this themselves, but a small independent B&B cannot and needs to get traffic from somewhere otherwise they will probably remain empty for the most part.
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