Hotel Prices, Tickets, and More: Transparency is Key
Revised Charge: Hidden "Junk Fees" in Casino-Resorts and Hotels Now Required to be Included in Initial Costs
By: Grant Mitchell - 05/13/2025 01:35 - Industry - Photo by Wikimedia Commons - CC by 3.0
The Longstanding Issue of Misleading Prices
In the ever-evolving world of consumer goods, adhering to honest pricing practices has always been a contentious issue. A popular, yet questionable strategy known as "bait-and-switch" pricing is under the scrutiny of the Federal Trade Commission (FTC). This sneaky tactic involves displaying lower prices for items, such as hotel rooms or tickets, only to increase the cost at the point of checkout.
Curbs on Deceptive Pricing Strategies
The FTC is cracking down on this practice, closely examining pricing strategies across different industries. With the recent enforcement of the "Junk Fees Rule," businesses must now Clearly disclose all mandatory fees and provide the total price upfront. This new rule specifically targets the live-event ticketing and short-term lodging sectors. The FTC has already issued FAQs to equip both businesses and consumers with a better understanding of the rule’s implications.
Building on State Legislation
States like California and Minnesota, among others, have already implemented measures to ensure more transparency in pricing practices. The FTC’s rule builds upon these state laws by providing more comprehensive guidance on deceptive pricing tactics.
Staying Informed with Grant Mitchell
A former graduate of Virginia Tech, a former NCAA track and field athlete, and an avid sports fan and bettor, Grant Mitchell offers up-to-the-minute, detailed coverage of headlines in the sports betting industry. Since joining the professional ranks in 2021, Grant has quickly established a reliable reputation, working with prestigious entities such as Forbes and VSiN.
When he’s not covering the latest industry developments, you can find Grant exercising, exploring the city, or somewhere caught up in the big game of the day.
For more of Grant Mitchell's reviews, visit his website at milemitchell.com.
Related News
- FTC Cracks Down on Misleading Prices
- New Rule Addresses Deceptive Fees
- Consumer Protection in the Digital Age
- The Rise of Consumer Protection in California
- Minnesota Tightens Grip on Deceptive Pricing
- The growing trend of transparency in the industry extends beyond hotel prices and tickets, as online casinos are also under scrutiny for their progressive jackpot winnings and blackjack payouts.
- Las Vegas, a hub for sports betting and casinos, is under particular focus as state lawmakers work to ensure fair and honest practices in the industry.
- The implementation of clearer pricing strategies is not limited to live-events and short-term lodging, with the finance sector also examining the practice of hidden fees in areas such as online casino games and sports betting.
- In a recent article for Forbes, Grant Mitchell discusses the impact of the FTC's rule on the sports betting industry, highlighting the benefits of transparent pricing for both consumers and businesses.
