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Travel website Booking.com leaves hoteliers thousands of dollars out of pocket
(www.theguardian.com)
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this post was submitted on 02 Oct 2023
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All of these middle-men platforms are out of control. They're running a website with listing cards, why would that make them huge multinational companies. Listen I get that with some growth they need to make some amount of money and have a team, but booking.com was trying to open a 5000 people campus in Amsterdam, why the fuck is that needed.
At the end of the day the actual business is between the hotel and the customer, these guys should be making bare cents on these transactions at most.
Judging by their revenue and profit listed in the article, these dirtbaga are making 20% profit on every booking while offering little to nothing to the rentals involved.