Booking Holdings and Expedia Control 60% of Global Online Travel; Facing $530 Million Fine in Spain for Anti-Competitive Practices
🛫 In 2025, Booking Holdings generated $26.9 billion, and, together with Expedia, they control 60% of the global online travel market. Hotel commission fees increased from 10% to 15-30%. Spain seeks a $530 million fine for anti-competitive practices, and a pan-European class action in 2025 involves 10,000 hotels against Booking.com. Despite these issues, innovation lags behind, with the industry maintaining outdated systems while startups like Navia offer simpler booking solutions.
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