Marriott has signed a new, multi-year agreement with Expedia Group, which the two say will result in “an innovative distribution agreement beyond transient retail bookings”.
According to a joint statement from Marriott and Expedia, this new arrangement is expected to launch in the fourth quarter of the year.
There is still no information on the commission rate to be paid by hotel owners, the two companies said they have reached “mutually beneficial economic terms that advance each company’s strategic objectives” under this expanded relationship. Some reports surmise the deal would give Marriott and its hotel owners more control over their distribution on Expedia.
The agreement will also continue Marriott’s existing distribution arrangement with the group for transient bookings, and expands Expedia’s role related to Vacations by Marriott, the company’s leisure packaging platform.