Germany rejects Booking.com proposal: Skift reports German antitrust regulators said they are likely to ban the online reservation site’s best-price deals with hotels. According to regulators, Booking.com and Expedia are using rate parity clauses despite a 2013 order by Germany’s Federal Cartel Office telling another online travel company not to stop hotels from giving better prices to competitors or directly to customers.
Turks and Caicos signs development plan: The government of the Turks and Caicos Islands has announced an agreement with a hotel developer to build a US$224 million resort. The Desarrollos Hotel Group will build the 124-room hotel, resort, casino and spa in the Grace Bay area of Providenciales and The Ritz-Carlton Hotels Co. will manage the property.
The Reef Resort joins Wyndham: The Reef Resort in the Cayman Islands has recently joined the North American Wyndham brand, becoming the Wyndham Reef Resort Grand Cayman.