Why OTA ‘rate parity’ clauses should be banned
Opinion by David Weston (B&B Association), travel weekly
Let’s have free and fair competition, says David Weston, chairman of the Bed & Breakfast Association.
Imagine a landlord tells the authorities he has spent many millions building a five-storey, gold-plated store on Bond Street.
He is worried his investment might not pay off unless his merchandise suppliers can be prevented by law from undercutting his chosen mark-up.
Otherwise, he says, they could ‘free ride’ at his expense, gaining promotion in his Bond Street windows after which shoppers could buy direct from the producer without the Mayfair mark-up.