Story perspectives
CMA Investigates Hotel Giants for Price Sharing Conspiracy
3/2/2026
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Story summary
- The UK Competition and Markets Authority (CMA) is investigating Hilton, InterContinental Hotels Group (IHG), and Marriott over potentially sharing sensitive pricing information through CoStar.
- The CMA will conduct a six-month review to determine whether the collaboration harms competition as part of its broader effort to ensure fair competition.
- If violations are found, fines could reach 10% of global revenue.
- CoStar expressed surprise.
- IHG pledged full cooperation.
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