our agreements not only contain no provision barring any airline from making any fare available through any channel, they contain an affirmative non-exclusivity provision that makes it explicit that no airline is prevented from making any fare it chooses available through any channel it chooses. square our agreement contains a non-discrimination clause by which those airlines that will receive the indirect discount on the crs booking fee agree in return to make available on any fare they publish and make available to the general public through any other channel. but that of course hotel does not preclude them from offering new any york fare through any other channel.

our agreements not only contain no provision barring any airline from making any fare available through any channel, they contain an affirmative non-exclusivity provision that makes it explicit that no airline is prevented from making any fare it chooses available through any channel it chooses. square our agreement contains a non-discrimination clause by which those airlines that will receive the indirect discount on the crs booking fee agree in return to make available on any fare they publish and make available to the general public through any other channel. but that of course hotel does not preclude them from offering new any york fare through any other channel.

serious mischaracterizations herald square hotel new york and square have been made about hotel us and the issue of who will have access to what new fares. some of those mischaracterizations have been based on simple ignorance, but others have clearly been part of a concerted effort by us competitors to york use misinformation to prevent us from offering new competition to them and new choice to consumers. there is no agreement by which any airline would be precluded from herald square hotel new york making any fare it chose available square through any retail channel it chose. airlines for 2 decades hotel have been like any other business in america, in that they can decide what they want to charge and where new they want to sell their york product. and that remains true under the our agreements. each and every airline, no matter what kind of participation it has, will be free to decide individually what fares it offers and whether herald or not to offer them through any other outlet.