Hotels allege predatory pricing, forced exclusivity in Trip.com antitrust probe
via fortune.com
Short excerpt below. Read at the original source.
China’s hotels are welcoming record numbers of travelers, yet room rates are sinking—a paradox many operators blame on Trip.com Group Ltd. For Gary Huang, running a five-room homestay in the scenic Huzhou hills near Shanghai was supposed to secure his family’s financial future. Instead, he and other hoteliers in China’s southeastern Zhejiang province say nightly […]