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FTC Finalizes Rule to End Hotel Junk Fees | Transparency in Hospitality 2024 - 0 views

www.asianhospitality.com/lizes-rule-for-hotel-junk-fees

FTC-hotel-junk-fees hotel-junk-fee-regulation hospitality-pricing-transparency junk-fees-elimination FTC-rules-hospitality

shared by asianhospitality on 19 Dec 24 - No Cached
  • asianhospitality on 19 Dec 24
     
    THE FEDERAL TRADE Commission finalized a rule on Tuesday requiring industries, including hotels, to disclose all fees upfront in advertised prices. The rule bans hotels from excluding resort fees, often labeled "junk fees," from advertised rates for short-term lodging. It takes effect 120 days after publication in the Federal Register. The rule mandates businesses to prominently display the total price to prevent "bait-and-switch tactics, such as drip pricing and misleading fees," the FTC said in a statement. Outgoing President Joe Biden said he has always prioritized families and hardworking Americans and urged his administration to focus on lowering costs. "Today, the Federal Trade Commission is doing just that by banning hidden junk fees when you book a hotel or purchase event tickets," Biden said. "We all know the experience of encountering a hidden fee at the very last stage of checkout-these junk fees sneak onto your bill, and companies end up making you pay more because they can. Those fees add up, taking real money out of the pockets of Americans."
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