UK Competition Authority Investigates Marriott, Hilton, IHG for Alleged Data Sharing via STR Tool
💰 Marriott, Hilton, IHG, and CoStar are under investigation by the UK's Competition and Markets Authority (CMA) for allegedly exchanging sensitive pricing and commercial data. The inquiry focuses on their use of STR, a hotel data analytics tool owned by CoStar. The CMA is evaluating if this information sharing violated competitive practices.
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