Hyatt Isn't Abandoning Expedia Just Yet as the Two Sides Reach Agreement in Principle

As Skift predicted, it does not appear that Hyatt will be leaving Expedia anytime soon. On July 31, the deadline for Hyatt and Expedia to reach a new distribution agreement, Hyatt confirmed that it has reached an agreement "in principle" on contract terms. At least for now, it's business as usual when it comes to being able to book Hyatt hotels on Expedia and its sister booking sites without any disruption. Hyatt issued the following statement: "We remain focused on growing the value proposition for our guests who book directly with Hyatt so that we can build stronger relationships with them. We also work with third-party distributors to reach guests who might not be frequent travelers or who otherwise have a reason to book through these sites. "Hyatt is in dialogue with all of our OTA [online travel agency] partners around the world as a regular matter. We recently agreed to build on our exis