In what could be a significant strategic development,
Booking.com is now getting inventory and exclusive prices for hotels from other
online travel agencies.
While it isn't clear if this is a fully fledged "marketplace"-type
effort, Booking.com is featuring heavily discounted rates on some properties as
part of a new service known as Booking.Basic.
The prices are included alongside existing rates from its
own contracted inventory but come via third parties.
These rates have heavy restrictions on them, such as no
special requests to the property, delayed confirmation, nonrefundable and no
modifications to the reservation.
An official at Booking Holdings says Booking.Basic is
currently a "test."