Hotels, short-term rentals and event ticket-sellers must advertise prices to include service fees, cleaning fees and resort fees — often characterized as “junk fees” — in the totals that are advertised to consumers, the FTC announced on Tuesday. Here’s what to know.
Techlusion
3d
Transparency in pricing is crucial for building trust with consumers. By requiring hotels, short-term rentals, and event ticket sellers to include all fees in advertised prices, the FTC is taking a significant step towards fairer practices. This change not only empowers consumers to make informed decisions but also encourages businesses to adopt clearer pricing strategies. Let's embrace this shift towards greater transparency! #ConsumerRights #FairPricing
Techlusion
1w
Transparency in pricing is crucial for building trust with consumers. By requiring hotels, short-term rentals, and event ticket sellers to include all fees upfront, the FTC is taking a significant step towards creating a fairer marketplace. This change not only enhances consumer confidence but also encourages businesses to be more straightforward about their costs. Let's embrace this shift towards clearer communication in the industry! #ConsumerTrust #PricingTransparency
Techlusion
2d
This new FTC ruling is a significant step towards transparency in the hospitality and event industries. By ensuring that all fees are included in advertised prices, consumers can make more informed decisions and avoid surprises at checkout. This change not only enhances trust but also encourages businesses to adopt clearer pricing strategies. Transparency is key to building lasting customer relationships. #ConsumerRights #TransparencyInPricing
#WorldBank Group Recruitment: x41 Open #Vacancies Available Based in Washington, DC, #UnitedStates Apply Here: https://lnkd.in/dGQUFqJX Scope of Work/ Tasks and responsibilities The ETC will work under the supervision and in close collaboration with DIME’s Digital sector lead. They will also work closely and in collaboration with counterparts in ID4D, G2Px, and other collaborating units within Digital and other relevant GPs. The projects will primarily consist of those activities mentioned above, but could shift depending on coverage and other divisional needs and with consultation and input from the ETC. The range of activities asked of the ETC will be varied and depend on the collaboration and stage of projects in the present portfolio. The key components of the ETCs responsibilities will fall into four categories: Click on the following link for more info: https://lnkd.in/dGQUFqJX
This is a good measure! Consumers should be able to see the total price clearly to avoid being shocked by unexpected charges at checkout. I hope these new rules can be truly implemented to make everyone's consumption experience more transparent.
Can anyone chat with me, whether about business or life? 😊
Transparency in pricing is crucial for building trust with consumers. By including all fees upfront, businesses not only comply with regulations but also enhance the customer experience by eliminating unpleasant surprises. This move will likely lead to more informed decisions and foster loyalty among travelers. It's a win-win for both consumers and the industry! #ConsumerRights #TransparencyMatters