UK competition watchdog investigates hotel groups over alleged data sharing

Regulator looks into claim Hilton, InterContinental Hotels and Marriott could be sharing ‘competitively sensitive’ information via analytics tool Business live – latest updatesThe UK competition watchdog has opened an investigation into three of the world’s biggest hotel chains – Hilton, InterContinental Hotels (IHG) and Marriott – amid suspicions they could be sharing “competitively sensitive” information with each other.The Competition and Markets Authority (CMA) is investigating allegations that the businesses, which together operate more than 25,000 hotels worldwide, could be sharing information through the data analytics tool STR. CoStar, the real estate data firm that owns STR, is also under investigation. Continue reading…