“People look at a lot of different ways to book. The regulators don’t understand that more than half of hotelier’s business comes to them directly, and they have ways, through very easy-to-use technology, to distribute their rooms to many different retailers like ourselves, or maybe Expedia, or maybe Tui, or a wholesaler. They can send them anywhere and they do.”
At Booking, there is another thing at play here. Booking Holdings may be headquartered in the US but its Booking.com site, the expected subject of the new tougher rules and Booking’s largest business, is headquartered in the Netherlands.
For Fogel, it seems this would make any harsher rules a tough pill to swallow.
“Booking.com is one of the very few success stories in Europe,” he says. “The last thing I think anybody would want to do is come up with regulations that will hurt one of the few success stories