Darren Huston, chief executive of Priceline.com, claimed Booking.com is far more attractive than OTA rivals – he named Expedia which he said charge 20% – and operators like Tui and Thomas Cook which “can demand 30%, plus discounts”. “We think we are the least expensive way for properties to generate retail demand. Generally speaking no other online travel agency in the world could sustain 12%. “Obviously everyone [hoteliers/suppliers] would love to pay less; they would also love to get all their business direct. “But with us they do not pay anything until they get a guest reservation and they also only pay us after the guest has stayed.” Get the full story Travolution