New Expedia Program Could Cost Hotel Owners…
11/12/12
How hotel customers pay for their room could become costly for hotel owners. The “Expedia Traveler Preference Program” would allow guests to pay after they stay instead of before. The customers pay the same amount but there are some changes in the cost of processing credit cards and how commissions to Expedia are reported. These changes may seem small but they could mean big money for everyone but the hotel owners. For more detailed explanation check out the report by Hotel Asset Value Enhancement, Inc. :