Association Opposes Big Industry Acquisition

The American Hotel & Lodging Association applauded a letter from several of its members to the Justice Department yesterday, opposing Expedia’s proposed $1.3B acquisition of Orbitz. The association argues that consumers would have less choice, competition could drop, and small and independent hotels could suffer. One of the biggest concerns is how small lodging businesses will deal with Expedia’s potentially higher commission rates. AH&LA president Katherine Lugar says it’s encouraging that so many lodging groups are speaking out.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Washington, D.C. Newsletters
Related Stories

Why Top-Secret Facilities Are Permeating Greater D.C.'s Office Market

Downtown Atlanta Improvement Group Picks Food Bank Chief As Next Leader

Northern Virginia Office Tower Sells For Double Its 2024 Price

Design Plans Revealed For RFK Stadium Parking Garages, Headed To Review

Security Tech Firm Plans Loudoun HQ Move: The D.C. Deal Sheet

D.C. Investor Behind The Stacks Swaps CEO For First Time In 25 Years

Pennsylvania Avenue Office Sells For Repositioning: The D.C. Deal Sheet

Georgetown Waterfront Office-To-Condo Conversion Lands Financing

Westfield Montgomery Pays Off $350M Loan As New Retailers Expand In Mall

Tishman Misses Payment Deadline On $450M International Square Loan

Real Estate Firm Debuts With $126M Purchase Of Historic D.C. Building

Surging Costs Force Alexandria Developers To Shift Plans