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There's no such thing as "overcharging". Market pays whatever market is willing to pay. These sites can charge a million dollars per booking if they want, as lo
by bufferoverflow 2y ago
There's no such thing as "overcharging". Market pays whatever market is willing to pay. These sites can charge a million dollars per booking if they want, as long as there's a person willing to pay.
This isn't some crazy situation without competition, like charging US military $50 for a can of coke.
- franga2000 2y agoAren't all the big hotel booking sites owned by the same company?
- bufferoverflow 2y agoNo. Booking.com, Priceline are owned by Booking holding Expedia, Kayak are owned by Expedia Group TripAdvisor is owned by Liberty Media Airbnb is private.