Booking.com's Payment Model Allows Discounted Rates Without Hotel Agreement, Affecting 65% of European Hotels
💰 In September, HOTREC's study revealed 51% of 1,882 European hotels reported OTAs selling rooms below their own rates. Booking Holdings' payment service encompasses 72% of bookings as of early 2026. Radisson, with over 1,600 hotels, adjusts direct rates to match cheaper OTA listings. Booking.com dominates, capturing 66.1% of OTA bookings, while independent hotels face challenges with Booking.com's extensive reach and pricing control, often leading to Booking.com setting room prices.
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