Hospitality Today HT19 - Feb-Mar 2014 | Page 41

hoteliers to offer a best price guarantee on their own website since OTAs will be able to discount their commission rate to lower prices for members or certain categories of people. Whether it has the effect of lowering prices will still most likely depend on supply and demand in the market, but it will certainly make life more complex for hoteliers (although it only affects IHG at this stage it will most likely become common practice).” or hotels in the UK • Note that the commitments set out a minimum level of discounting freedom - they do not affect other forms of offers you may agree with OTAs, such as package or opaque rates. Hotel discounting • Hotels will be able to offer discounts in an equivalent manner to OTAs. Expedia and Booking.com should at least give hotels the freedom to discount freely to consumers who meet the criteria outlined above. There should be no limit to the amount of discount a hotel can offer. Hotels should take advice to ensure that any rate parity provisions in place between them and their OTA(s) do not apply to discounts offered to other hotels’ or OTAs’ closed groups. “The effect will be interesting in the context of a market which is gaining strength at present. Hoteliers will seek to retain control of their inventory and pricing, and obviously avoid expensive commission rates to the extent possible or desirable, without impacting overall performance. I would expect the larger hotel companies to be actively managing their inventory in this context, and they have specialist people to do this within their organisations. I suspect that for independent hoteliers the management of their rooms inventory just became much harder. The true impact of the OFT action will only become clear over the coming months as the realities manifest through actions of hoteliers and the OTAs.” Peter Hancock (above), Chief Executive of Pride of Britain Hotels told HT: “I do not see that this new ruling changes things very much, as it is so simple for any customer to become a member of a ‘closed user group’ by clicking a button once. The fact remains that OTAs can eat into their own generous commissions if they wish in order to reduce prices further and this does undermine the concept of rate parity. It will still be possible for third parties to undercut hotels’ own published rates. “Having said that, hoteliers are free to open their inventory to whichever channels they prefer and I often hear the use of OTAs being described as an effective way to fill rooms that would otherwise go empty. In my opinion the best policy is to engage the services of a professional revenue manager who can ensure you don’t get sucked into unnecessary discounting. This is especially important at the luxury end of the market where the break even cost of providing a room is very high and so much resource is going into the maintenance of high standards.”