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The index includes criteria such as location, price, food, internet, room and facilities, [23] and is used to create annual Trivago rankings and awards such as the Reputation Ranking, [24] Island Ranking, [25] Ski Ranking, [26] the Top Hotel Awards, [27] and the Best Value Destinations (based on an algorithm combining the tRI with price). [28]
Starting in 2004, the site has published a twice-yearly review of international hotel room price trends called the Hotels.com Hotel Price Index. It is based on the prices paid per room by its customers using a weighted average based on the number of rooms sold in each of the markets in which it operates. [13] Information includes notable price ...
The Greek Hotels Association denounced the practice of Bookings.com of charging its percentage fee on the VAT-inclusive full-room price. The company responded that according to the terms of its bilateral agreements with hotels "everywhere," each party to such an agreement is free to walk away from it. [36] [37]
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STR, Inc. is a subsidiary of CoStar Group that provides market data on the hotel industry worldwide, including supply and demand and market share data. The company has a corporate headquarters in Hendersonville, Tennessee, an international headquarters in London, England and offices in Italy, Dubai, Brazil, Singapore, Tokyo, Jakarta, Sydney, and Beijing.
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