In 2015, the Federal Trade Commission found that resort fees are not required to be included on advertised hotel and resort rates, but recent lawsuits filed against Wyndham Worldwide Corporation and Marriott International are prompting a re-examination of the practice. A new spate of lawsuits is rekindling the debate over whether or not resort fees…
FTC Considers Change to Resort Fee Policy
The Federal Trade Commission is expected to require resort fees to be included in the initial price quote to customers. Resort fees, which typically cover amenities that were previously included in the price of hotel rooms, have jumped 8% on average in the first six months of 2016.
Sysco, US Foods Merger Falls Through
Sysco is terminating an $8.2 billion acquisition of food distribution competitor US Foods, days after a federal judge granted the Federal Trade Commission’s request for an injunction on antitrust grounds. Had the merger gone through, the new entity would have controlled roughly 75% of the foodservice marketplace.