Booking Holdings Says Leisure Hotels Are Able to Hold Rates Without Having to Offer Deep Discounts

Booking Holdings Says Leisure Hotels Are Able to Hold Rates Without Having to Offer Deep Discounts

A jetty for guest arrivals at the Baros Maldives, a luxury property in the Baros resort island in the Maldives that reopens October 1, 2020. Baros Maldives

Skift Take: A hotel price war hasn't materialized as some dreaded. Booking Holdings CEO Glenn Fogel sees an opportunity to prove the value of his brands as a source of demand for hotels and managers of alternative accommodations.

— Sean O'Neill

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https://travel.atspace.co.uk/booking-holdings-says-leisure-hotels-are-able-to-hold-rates-without-having-to-offer-deep-discounts/