Travel Better. Spend Less
What They Don’t Want You To Know
The Truth Will Set You Free
01.
Duopoly
Did you know that across the entire travel industry, almost all of the public booking sites are owned by either Expedia or Booking Holdings. This duopoly creates an illusion that multiple companies are competing for your business.
02.
Rate Parity
Rate Parity is another tool of the Titans used to maintain strongholds on industry pricing. The OTA’s (Online Travel Agencies) sign contracts with the Hotels to not undercut one another, allowing for max revenue generation amongst all parties.
03.
Markups
The combined advertising spend by the duopoly is almost 9 BILLION dollars per year. So that means these companies have to collect at least 9 Billion dollars per year from the average traveler to simply cover their marketing costs.
04.
Unsold Inventory
Up to 49% of Timeshare inventory is sold so that the resort owners keep majority control over the property. The remaining 51% of inventory cannot be shown on the OTA’s because it’ll prevent anyone from buying a timeshare, so they sit empty & lose money.
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