123Compare.me’s Post

We're excited to keep sharing the key insights from the #IHPI event with you✨ Ricardo Fernández Flores, CEO of Destinia shared his insights on the broader impact of Digital Markets Act (DMA) on the hospitality market, highlighting its implications for commercialization strategies on OTAs📝 Core Ideas: 👉 The DMA is a promising step for regulating Europe’s digital market but cannot fully address the entrenched dominance of major players. Effective implementation requires collaboration with national authorities and the European Commission.  👉 OTAs have seen more clicks but no performance improvement in Europe, questioning the DMA’s effectiveness. Challenges remain with parity clauses, ranking transparency, and preference programs affecting competition. 👉 The DMA is a good start, but more efforts are needed to assess its impact and improve competition, including greater transparency and collaboration. Thank you, Ricardo Fernández Flores, for your valuable input 🤝 #DigitalMarketsAct #OTA #MarketTransparency #Destinia #123COMPAREME

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Pau Ferret

Chief Revenue Officer | Win Guests back to Hotels #growth #sales

2mo

Thank you Ricardo Fernández Flores. With your quick and to the point talk, your keynote at IHPI was enlightening. You shared both the issues of DMA as it is now, with some suggestions on how to improve the value for the industry.

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