We are in the World Travel Market, in London, with Mr Thomas Magnuson, Chief Executive Officer of the Global Hotel Exchange, who talks to TravelDailyNews about the new platform Global Hotel Exchange which will go live in January 21012. Glabal Hotel Exchange is offering free global reservation/marketing service with no merchant discounts, commissions, or distribution fees of any kind.
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Mr Thomas Magnuson I would like to ask you what is Global Hotel Exchange.
What differentiate it from the other OTA’s?
What are the benefits for the hoteliers and the consumers?
What is your business model and how do you make money?