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But they have become so universal now that a lot of hotels and motels believe that they won’t get any business unless they are signing contracts with these entities.” The AAA’s Senate inquiry submission said commission rates had been steadily rising as booking sites became more popular, with some commissions now between 20% and 25%. “Typically commissions commence at a staggering 15% of the room rate booked, but climb higher if you want your business listed on the first page or as ‘preferred’,” Munro said. After the reaction to Smith’s campaign, the ACCC is now looking at further regulations for the industry. Sims confirmed that the ACCC would look into allowing hotels to advertise cheaper prices online. “We are looking at whether the rest of the agreement, in terms of online parity, is anti-competitive,” he said. Munro is also calling for the ACCC to outlaw price-parity clauses completely, which has been done in European countries including France and Germany. But Carol Giuseppi, the chief executive of another hotelier body, Tourism Accommodation Australia, did not go as far in pushing back against online bookers. “The important thing we need to say is that online travel agents have been around for many years, and they really do play an important role in the tourism industry,” she said. She defended the practice of commissions as payment for the service the bookers provided. “The reality is that the commission is there because the online travel agencies are marketing those rooms for the hotels. The online agency is providing an additional distribution channel.
For the original version including any supplementary images or video, visit https://www.theguardian.com/travel/2018/sep/15/australians-told-to-call-hotels-rather-than-rely-on-booking-sites-for-cheaper-rates
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Last Updated : Sep 15, 2018 08:38 PM IST | Source: PTI Congress alleges BJP acting like 'travel agency' for banking fraudsters Congress leader Jaiveer Shergill targeted the government over businessmen like Vijay Mallya, Nirav Modi and Mehul Choksi fleeing the country The Congress today alleged that "23 persons" involved in bank frauds to the tune of Rs 90,000 crore fled the country during the BJP rule and dubbed it as a party which is "more loyal to a con-man than to a common man." The opposition party said "the possibility of central government's hand in the relocation of 23 fugitives abroad in past four years cannot be ruled out" and demanded an impartial probe into the issue. Addressing a press conference, Congress leader Jaiveer Shergill targeted the government over businessmen like Vijay Mallya, Nirav Modi and Mehul Choksi fleeing the country and said "this proves beyond doubt that Modi government is not a guardian or protector of public money but a travel agency facilitating fraud and happy safe flying of willful bank loan defaulters". Quoting data in "public domain and information sourced by various activists through RTI", Shergill claimed a rise in bank frauds and "flying fraudsters." BJP, IPFT bury the hatchet ahead of Sep 30 rural bypoll He claimed that the total number of banking fraud cases from the year 2014-2018 (up to 1 March, 2018) was 23,000-- in 2014-15 it was 4,639 cases, 2016-17 had 5,076 cases while in 2017-18 there were 5,152 cases. Shergill said that the total amount involved in banking scams was Rs 90,000 crore. In 2014-15 the amount was Rs 19,455 crore, the next year it was Rs 18,698 crore, 2016-17 it was Rs 23,933 crore and in 2017-18 it was Rs 25,459 crore. "Total number of persons/fugitives (involved in the banking scams) who fled the country was 23... The number of investigations launched to discover how these 23 fugitives escaped - zero and the number of fugitives brought back to India by BJP Government - zero," he alleged. "The manner in which industry of ‘banking scams' has flourished and outbound traffic of ‘scamsters' has increased, it is clear that BJP is more loyal to ‘con-man' then to a common man. BJP provides the 'chor darwaza' (escape door) to all willful defaulters looking to run away with public money," he alleged. "Ease of looting and fleeing India was promoted" instead of ease of doing business, he alleged. The Congress said it wanted a thorough impartial investigation "with respect to escape of 23 fugitives under Prime Minister (Narendra) Modi's watch" and into what it alleged was the "BJP-fugitive nexus".
For the original version including any supplementary images or video, visit https://www.moneycontrol.com/news/politics/congress-alleges-bjp-acting-like-travel-agency-for-banking-fraudsters-2954061.html