On Oct. 29, Chicago’s city council announced that they concluded a 10-year-old case against travel websites that offer discount rates. Expedia, Hotels.com, and Hotwire will pay the city $29 million, according to the Chicago Tribune.
The cost is the amount of hotel taxes still owed by the companies that piled up between 2005 and 2014. During that span, websites were paying hotel taxes based on the amount they paid to hotel companies for the rooms, not the markup they earned when selling to customers.
For the full story, click here.
