Hilton Worldwide completed a series of negotiations with major online travel agencies over the last quarter and wrangled important economic and marketing concessions, according to CEO Chris Nassetta. Nassetta said Hilton Worldwide won the right to lower the commissions it pays to online travel agencies such as Expedia and Booking.com. In Nassetta’s telling, Hilton Worldwide also won concessions that amount to a further withering of standard hotel chain-online travel agency contracts, including rate parity and most-favored nation clauses. Get the full story at Skift