Bethesda’s Marriott International Inc. (NASDAQ: MAR) has inked a deal with Expedia Group Inc. (NASDAQ: EXPE) to become the exclusive distributor of Marriott’s wholesale rates.
As “global optimized distributor,” Expedia Group will become the sole gateway of Marriott’s wholesale rates, availability and content to a massive network of global travel providers, per a release. The new system will become effective on Oct. 15. On that day, many redistributors will no longer have access to Marriott’s rates and inventory, but instead will have to contact Expedia Partner Solutions directly.
The “single gateway solution” will “provide a consistent and reliable shopping experience for travelers, ensuring accurate display of hotel descriptions, room rates and fees through known and trusted third party travel providers,” per a release issued jointly by Marriott and Expedia.
Skift, a travel industry media company, reported the deal should not impact tour operators, online travel…Read the full story from the Washington Business Journal.