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What is Veronika Group? Sounds more like a Private Equity Fund Management then a Lodging Group.!
The nature and condition of the market referred to for smaller establishments as myself has changed dramatically and a high cancellation rate is only a phenomenon of a business practice that promotes book for free and cancel if you find something better,
The fact that Booking has now taken payment deposit guarantees is a direct result of the dynamic the OLT Industry has created, of which i am forced to partner ,
In former time this was never an issue however when one offers, Get out of Jail and collect $200
the new business model- paradigm changes and everyone raises their rates 15% to cut in the big players,
This is the new market place,
I do not adhere to any conspiracy theory but something smells fishy. Is Veroniika Group is more PR, with better use of written English then the promoters of this Platform? Yet never cleaned a toilet... bowl,
I reiterate; guests with less ventured have less commitment, its common sense, and has nothing to do with condition of the market in my opinion. If you purchase airfare and plan a 4 night stay, the likelihood you cancel cuz the forecast calls for rain is a non starter,