Competition watchdog probes top hotel chains over data sharing

cityam03-02

Holiday Inn is owned by IHG, one of the groups under investigation The UK’s competition watchdog has launched a probe into top hotel chains including Hilton, Marriott and FTSE 100 giant IHG over their...

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href=https://www.cityam.com/competition-watchdog-probes-top-hotel-chains-over-data-sharing/><strong>cityam</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Holiday Inn is owned by IHG, one of the groups under investigation The UK’s competition watchdog has launched a probe into top hotel chains including Hilton, Marriott and FTSE 100 giant IHG over their...</p>\n\n<a href=\"https://www.cityam.com/competition-watchdog-probes-top-hotel-chains-over-data-sharing/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4207","symbol_name":"综合性银行","start_time":0,"source_url":"https://www.cityam.com/competition-watchdog-probes-top-hotel-chains-over-data-sharing/","article_id":"2616833376","we_media_id":null,"thumbnails":["https://www.cityam.com/wp-content/uploads/2026/03/Untitled-design-1.jpg?w=824&h=463&crop=1"],"rights":{"source":"cityam_highlight","url":"https://www.cityam.com/competition-watchdog-probes-top-hotel-chains-over-data-sharing/","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2616833376","pubTimestamp":1772448443,"columns":[],"sourceInfo":{"source_id":"cityam_highlight","name":"cityam"},"weMediaInfo":null,"summary":"Holiday Inn is owned by IHG, one of the groups under investigation The UK’s competition watchdog has launched a probe into top hotel chains including Hilton, Marriott and FTSE 100 giant IHG over their suspected use of a data analytics tool to share information with each other.The Competition and Markets Authority  announced the investigation on Monday morning, which centres around the hotel chains’ use of STR, a hotel data analytics tool.The CMA said hotel chains usually use analytics tools to make decisions on pricing but the sharing of this data among rival businesses can enable them to coordinate their behaviour.Costar, the real estate information company which built the STR tool, is also being investigated by the CMA.The CMA said: “[Analytics tools] can bring benefits including more intense competition, lower costs, and faster changes in prices to better match demand and supply in markets.Stay ahead with our three daily briefings delivering all the key market moves, top business an","collect":0,"end_time":0,"defaultTopTitle":"cityam.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4207":"综合性银行","BK4589":"SVB概念","BK4211":"区域性银行","BK4585":"ETF&股票定投概念","BK4588":"碎股","BK4142":"酒店、度假村与豪华游轮","CMA":"联信银行","IHG":"洲际酒店"},"translate_title":"竞争监管机构就数据共享问题调查顶级连锁酒店","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"IHG":1,"CMA":1},"content_text":"Holiday Inn is owned by IHG, one of the groups under investigation The UK’s competition watchdog has launched a probe into top hotel chains including Hilton, Marriott and FTSE 100 giant IHG over their suspected use of a data analytics tool to share information with each other.The Competition and Markets Authority (CMA) announced the investigation on Monday morning, which centres around the hotel chains’ use of STR, a hotel data analytics tool. The CMA said hotel chains usually use analytics tools to make decisions on pricing but the sharing of this data among rival businesses can enable them to coordinate their behaviour.Costar, the real estate information company which built the STR tool, is also being investigated by the CMA.\n\nThe CMA said: “[Analytics tools] can bring benefits including more intense competition, lower costs, and faster changes in prices to better match demand and supply in markets.\n\n\n\n\n\n\nNews Updates\nStay ahead with our three daily briefings delivering all the key market moves, top business and political stories, and incisive analysis straight to your inbox.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n“However, when rival businesses share competitively sensitive information – including through a third-party data analytics provider – this reduces the uncertainty competing businesses normally have about how each other will act. “This can affect how strongly companies compete because it makes it easier for them to predict what each other will do and coordinate their behaviour.”Shares in Intercontinental Hotels Group (IHG), which owns budget chain Holiday Inn as well as a number of luxury brands, took a five per cent dip on Monday morning to 132 cents. \n\nMarriott International 37 hotel and timeshare brands, including Marriott Bonvoy, and operates around 9,000 locations and more than 1.5m rooms.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; 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