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Parity clauses in OTA contracts turned into a phase out model in 2015
PRESS RELEASE -
What is HOTREC?
HOTREC represents the hotel, restaurant and café industry at European level. This industry includes around 1,8 million businesses, of which 99% are small and medium sized enterprises (91% of them micro enterprises, i.e. employing fewer than 10 people). These businesses make up some 59% of industry value added. The hospitality industry provides some 10.2 million jobs in the EU alone. Together with the other tourism industries, the sector is one of the largest industries in Europe. HOTREC brings together 43 national associations representing the sector in 29 different European countries.
information: www.hotrec.eu, www.hotrec.eu/bookdirect
PRESS CONTACT: Daniel Makay +32(0)2 504 78 42, email@example.com