Hyatt announces finalized deal with Expedia
Hyatt announces finalized deal with Expedia
18 AUGUST 2017 12:04 PM

Hyatt Hotels Corporation has announced a finalized new agreement with Expedia after months of speculation that the company could end its partnership with the booking platform.

CHICAGO—Hyatt Hotels Corporation officials have announced a new finalized agreement with Expedia, which follows months of media reports that the hotel brand company was looking to potentially remove its properties from the online travel agency’s platform.

Below is the full statement issued by Hyatt:

“Our formal agreement with Expedia is complete. The team at Expedia worked quickly and productively with us, and we are pleased to continue our long-standing relationship without interruption to Hyatt hotel distribution on all Expedia platforms. As we continue to build the value proposition for our guests who book directly with Hyatt, we also work with third-party distributors to reach guests who might not be frequent travelers or who otherwise have a reason to book through these sites. These recent agreements with both and Expedia allow us to achieve our goal of making Hyatt hotels available where many guests are booking while also reducing costs and improving flexibility.”

Hyatt President and CEO Mark Hoplamazian recently discussed his company’s distribution strategy during Hyatt’s second-quarter earnings call with investors and analysts.

No Comments

Comments that include blatant advertisements or links to products or company websites will be removed to avoid instances of spam. Also, comments that include profanity, lewdness, personal attacks, solicitations or advertising, or other similarly inappropriate or offensive comments or material will be removed from the site. You are fully responsible for the content you post. The opinions expressed in comments do not necessarily reflect the opinions of Hotel News Now or its parent company, STR and its affiliated companies. Please report any violations to our editorial staff.