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Evidence receipt / belief

Published · transcript-backed

Speaker unverified: belief

26 Jul 2017 Acquired Booking.com with Jetsetter & Room 77 CEO Drew Patterson

“Oh, I was going to say I think there is certainly pressure. If you talk to hoteliers, suppliers in the world, they’re not stoked about this marketplace.”

— Speaker unverified

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Everything needed to verify it.

Speaker
Speaker unverified
Attribution
Not verified from this transcript
Claim type
belief
Recorded
26 Jul 2017
Publisher
Acquired

Transcript context

…Drew, you had a counterpoint though. Oh, I was going to say I think there is certainly pressure. If you talk to hoteliers, suppliers in the world, they’re not stoked about this marketplace. There’s no hotelier in the world who’s like “OTAs were a good thing.” You can have some sympathy for them. If you look at the stock chart of Hilton versus Priceline over this period of time, you can see why they might not be so excited. Well, I totally get that from Hilton and Marriott’s perspective. But what about the 20-room villa in Romania who had no way of acquiring customers otherwise?…

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