The UK competition watchdog has opened an investigation into three of the world’s biggest hotel chains – Hilton, InterContinental Hotels (IHG) and Marriott – amid suspicions they could be sharing “competitively sensitive” information with each other. The Competition and Markets Authority (CMA) is investigating allegations that the businesses, which together operate more than 25,000 hotels worldwide, could be sharing information through the data analytics tool STR. CoStar, the real estate data firm that owns STR, is also under investigation. While it is common for hotel chains to use data analytics and algorithms to help them set prices, which can improve
Public told to avoid part of Edinburgh as armed police respond to reports of man ‘with bladed weapon’
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