What Hilton, Hyatt and Marriott Don't Want You To Know

The real reason hotel rooms are so expensive now is because hotels across America are reportedly using an algorithm to secretly, and illegally, inflate prices.
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[ibme]

No, the hotels don't talk to each other, their computers talk to each other. How is that not collusion?

[ElectronWranglr]

Until CEOs see jail time nothing will change. Fines are just part of the risk reward calculation.

[margaritoamargo]

private equity seems to be behind every terrible thing for your average American.

[coleyoutubechannel]

Imagine if property management companies used these algorithms to inflate the prices of apartments causing a cost-of-living crisis, oh

[ElectronicWasteland-px]

Cendyn for hotels, Agri Stats for food, RealPage for rentals is there anything that isn't being price-fixed using the internet right now? These tech-bros need to do some serious jail-time, they're robbing people in broad daylight.

[montecristo]

The most maddening, frustrating thing is that when (not if, but when) the next financial bubble bursts, they will receive a government bailout and then continue business as usual. Nothing learned. Nothing changed.

[dvdv]

“This country has socialism for the rich, rugged individualism for the poor." -Martin Luther King, Jr.

Still as true as ever today.

[willburr]

Greed has created a horrible nightmare for humanity and it's just beginning.

[ChrisOBrien]

In the 50's my Dad worked a modest job, Mom stayed at home and raised the kids, and they lived a nice middle class lifestyle including owning a home. Nowadays both I and my partner works and can barely afford to make ends meet. Soon the kids and family dog will need to work to keep this household going. It's the destruction of the American dream right before our eyes.

[ejamesl]

It would appear that the large grocery chains are using similar technology to inflate grocery prices.

[shekharmoona]

Its expensive to stay at RV parks. Private equity has campgrounds with barely any amenities priced at hotel level. Mind you no one is coming to do maid service inside your RV.

[FeebleAntelope]

It's insane that a group of people so concerned with calling social safety nets, "a free lunch" are all about creating free lunches for themselves at the expense of society.

[ywashere]

How about an algorithm that predicts if workers are paid enough to live well?

[ropro]

The enshittification of our world continues... 😒

[monay]

This is why we should place the blame of higher costs on the corporations, not the govt. I wish this were highlighted more.

[dvdv]

Greed is not the desire for more, it's the desire for more at the expense of others.

[missx]

I work for major hotel brand, our rooms sunday to Thursday, $139 & $149. On the weekends prices will surge, $199 and $209. Now our weekend prices are $399 and $429!
My hotel is 25 years old and NOT invested in as our brand dictates. We get allll the complaints because our property is not worth the price.
It is definitely price gouging!

[alexsteven.m]

We Are in Unchartered Financial Waters! every day we encounter challenges that have become the new standard. Although we previously perceived it as a crisis, we now acknowledge it as the new normal and must adapt accordingly. Given the current economic difficulties that the country is experiencing how can we enhance our earnings during this period of adjustment? I cannot let my $680, 000 savings vanish after putting in so much effort to accumulate them.

[fingiess]

why does everything bad start with private equity

[dvdv]

Using algorithms to determine ANY prices should be made ILLEGAL RIGHT NOW.