In response to the various European investigations, Booking.com and Expedia have now announced the EU-wide waiver of their parity restrictions regarding other OTAs. Hotels are therefore now free to let other OTAs offer discounted rates. Hotels can still not offer discounts themselves, however, so it may not be the end of the story. The French have already outlawed parity for hotels too. There is likely an expectation that other OTAs will also waive any parity clauses. Hotels and OTAs should therefore be reviewing their contracts to ensure they are both taking advantage of the new environment and avoiding running competition law risks of their own. Get the full story at Big Hospitality