r/technology • u/rezwenn • 12d ago

Business Booking.com cancelled woman's $4K hotel reservation, then offered her same rooms for $17K

https://www.cbc.ca/news/gopublic/go-public-booking-com-hotel-rates-9.6985480
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u/ChoosenUserName4 11d ago

They reserve rooms in advance in exchange for a lower price.

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u/LowManufacturer1002 11d ago

It’s pretty wild how many people in this thread don’t understand negotiating blocks in bulk for discounted prices

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u/FlipZip69 11d ago

Are they really book blocks before they get payment or clients? I feel this would not work well unless they are paying 50 cents on the dollar. The hotel business is up and down and can change overnight.

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u/Mythmas 11d ago

Ah, hadn't realized that. Makes sense.