The Australian Hotels Association (WA) has today welcomed the informal review into the planned 100 per cent acquisition of Wotif Holdings by rival Expedia.
AHA(WA) CEO, Bradley Woods, said “It is appropriate that the ACCC looks closely at this proposed acquisition. The acquisition must be examined in the context of consumer, customer and national interest.
“The AHA(WA) is seeking a determination from the ACCC as to whether the proposed acquisition is likely to substantially lessen competition in the market.
“Foreign operators could potentially dominate the Australian landscape of online travel agent hotel booking websites, it is therefore appropriate that the ACCC examines this matter.
“Obviously for the information technology sector and associated jobs there are also implications, as Expedia headquarters are in the United States.
“The Australian Hotels Association will be making a submission to the ACCC on behalf of our members and customers” Mr Woods concluded.