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Three signals from June 11, 2026 • Subscribe to get today’s
Q3 contract window closes Aug 15
OTA commission fees hit record 22–28% — direct booking breakeven has fundamentally shifted
IHG & Hilton Q2 earnings: today
K-shaped demand hardening — mid-scale RevPAR projected −4–7% against Q3 2025 baseline
Bid strategy reviews due before Q3 budget lock
Google AI Overviews now surface hotel prices directly — metasearch click-through down 31% in tested markets
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| Signal | Timeline | Recommended Action |
|---|---|---|
| Critical OTA commission rates reach 22-28% — direct booking breakeven shifts | Now → Aug 15 | Audit Q3 OTA contracts before renegotiation window closes |
| Critical Google Al Overviews now surface hotel prices – metasearch CTR down 31% | Now → Q3 | Review bid strategy before Q3 budget lock |
| Watch K-shaped demand — mid-scale RevPAR softening | Q3 → Q4 | Watch IHG & Hilton Q2 earnings for demand signal confirmation |
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