OTAs Leverage AI to Dominate Conversion Layer, Leaving Hotels to Fund Discovery Infrastructure with Limited Control
📅 On April 28, 2026, Booking Holdings CEO Glenn Fogel stated partnerships with OpenAI and Google to ensure visibility in AI discovery. Expedia’s CEO Ariane Gorin, on May 8, 2026, emphasized OTAs' role in booking and potential in paid advertising. AI-referred travelers convert 28% less than others, favoring OTAs for bookings. Sensor Tower reports ChatGPT's market share under 50%, with Gemini at 27.7%. Hotels build eligibility infrastructure while OTAs capture revenue.
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