Marriott and Expedia reach agreement

|
Marriott sign
Photo Credit: Andrea Delbo/Shutterstock.com

Marriott International and Expedia Group have finalized a new multi-year contract, following the expiration of a previous agreement between the pair in November.

In a joint statement, Expedia and Marriott said, "The agreement continues Marriott's long-standing distribution arrangement with Expedia Group for transient bookings, expands Expedia Group's role related to the Vacations by Marriott leisure packaging platform, and leverages Expedia Group's technology capabilities for an innovative distribution arrangement beyond transient retail bookings expected to launch in the fourth quarter." 

The companies said they "have reached mutually beneficial economic terms that advance each company's strategic objectives."

The companies did not provide details on the new contract's commission rate. Analysts had predicted that Marriott -- which is widely believed to have been paying Expedia a 12% commission -- would aim to reduce fees to 10%.

The deal between Marriott and Expedia is the first since Marriott acquired Starwood in 2016.

Comments

From Our Partners


From Our Partners

2021 WOL Webinar
The World of Luxury for 2022
Register Now
2021 Silversea Webinar
The Silversea Way - Two New Fares, One Incredible Experience Aboard Our Ultra-Luxury Ships
Register Now
Grand Palladium Lady Hamilton Resort & Spa and Grand Palladium Jamaica Resort & Spa
Grand Palladium Lady Hamilton Resort & Spa and Grand Palladium Jamaica Resort & Spa
Read More

JDS Travel News JDS Viewpoints JDS Africa/MI