Expedia, Airbnb and Booking Comply With California Junk Fee Law — But in Different Ways [Yahoo! Finance Canada]
Booking Holdings Inc. (BKNG)
Last booking holdings inc. earnings: 2/26 04:04 pm
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Source: Yahoo! Finance Canada
The Big Three travel booking sites — Booking.com, Airbnb, and Expedia/Vrbo — all appear to be complying with California's new junk fee transparency law. But they way they are doing it varies considerably. The new law, which became effective this week, requires travel sellers and others to display the total price, including mandatory fees, upfront. They don't have to show taxes on first view. However, Expedia.com is displaying the total cost upfront in bold, including fees and taxes, for hotels. Source: Expedia.com Airbnb, Booking.com and Vrbo do not show the total rate and fees upfront, including taxes. ADVERTISEMENT Asked why Expedia.com shows the total cost for hotels but not for Vrbo's short-term rentals, an Expedia Group spokesperson said: “Regarding Vrbo, we are following an approach consistent across the industry, which allows travelers to make fair price comparisons when shopping across competing platforms.” Airbnb's ‘Total' Price As shown in the accompanying i
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BKNG
Earnings
- 5/2/24 - Beat
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- 6/18/24 - Form 4
- 6/17/24 - Form 144
- 6/5/24 - Form 8-K
- BKNG's page on the SEC website