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Cyprus Hoteliers Association Backs Landmark Legal Action Against Booking.com


Challenging Unfair Market Practices

The Cyprus Hoteliers Association (Pasyxe) has formally endorsed a collective legal action aimed at redressing long-standing competitive imbalances in the hospitality sector. This significant legal effort, brought before the Dutch courts, unites over 25 national hotel associations from across Europe in a coordinated claim against Booking.com.

Legal Foundation and Collaborative Strategy

Under the stewardship of HOTREC—the European umbrella organization for hospitality stakeholders—this action seeks redress for losses incurred over two decades, from 2004 to 2024. Pasyxe has affirmed its full support for this initiative, providing guidance and assistance to its members who opt to join the collective legal proceedings.

Judicial Ruling and Market Implications

A pivotal ruling from the Court of Justice of the European Union on September 19, 2024, has found that Booking.com’s parity clauses, which forced hotels to maintain uniform pricing across all distribution channels, violated EU competition law. These practices not only distorted market dynamics but also inflated commission fees and restricted the potential for direct bookings—a clear detriment to the sector.

Future Prospects and Industry Impact

In commenting on the strategic importance of this action, Pasyxe Director General Christos Angelides stated, “The participation of Cypriot hospitality businesses in this collective action represents an important opportunity to remedy years of unbalanced commercial practices, contributing to the creation of a fairer and more balanced digital environment for tourism enterprises across Europe.” Pasyxe has urged hotel businesses in Cyprus to register their interest in the claim via www.mybookingclaim.com before the closing deadline of July 31, 2025.


Airbnb Unveils Reserve Now, Pay Later Option For U.S. Guests

Introduction

Airbnb has introduced an innovative payment solution designed to enhance user flexibility for U.S. travellers. The new “Reserve Now, Pay Later” feature enables users to secure a booking without an upfront payment, offering a streamlined cancellation process should plans change.

Flexible Payment Terms

This new option applies to listings that feature either flexible or moderate cancellation policies. Under a flexible policy, guests can cancel their reservation up to 24 hours before check-in, while a moderate policy offers no-fee cancellations until five days prior to arrival.

Payment Timing and Reminders

Regardless of the cancellation window, guests are obligated to complete the full payment before the expiration of the free cancellation period. Airbnb ensures a smooth experience by sending timely payment reminders to avoid any last-minute issues.

Evolution of Airbnb’s Payment Solutions

This initiative builds on Airbnb’s previous forays into flexible payment structures. In 2018, the company offered a partial upfront payment model, and more recently, a collaboration with Klarna enabled guests to pay in four installments over six weeks. Such strategic advancements demonstrate Airbnb’s commitment to adapting and refining its payment solutions to meet evolving consumer demands.

Consumer Insight Driving Innovation

Airbnb’s decision to launch the “Reserve Now, Pay Later” feature reflects robust consumer demand, with recent surveys indicating that 55% of respondents prefer flexible payment options. Additionally, 42% noted missed opportunities due to payment complexities when coordinating with travel companions, underlining the need for simplified financial arrangements.

Conclusion

By enhancing payment flexibility, Airbnb not only broadens its appeal but also addresses critical customer pain points, reinforcing its position as a leader in the evolving travel market. This initiative exemplifies how strategic innovation can drive customer satisfaction in an increasingly competitive landscape.

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