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The Inflation Reduction Act of 2022 (the “IRA”) added and modified certain energy tax credit provisions of the U.S. Internal Revenue Code of 1986, as amended (the “Code”). The...
More travel executives get their mission-critical industry news from Skift than any other source on the planet.Tell me more The standard contract for Marriott’s Homes & Villas business requires property managers to adhere to “price parity” rules, Skift has learned, and these are the same sorts of provisions that European authorities view as anticompetitive in the hotel industry. To be clear, Marriott does not mandate these rate rules where they are “prohibited by applicable law,” according to the contract obtained by Skift. European Union countries have taken a much tougher stance o...