Where Marriott International leads, others follow.

Hilton Worldwide will reduce standard hotel booking commissions for meeting professionals from 10 to 7 percent later this year for group bookings at its U.S. and Canada hotels, as many predicted, following the example of Marriott International.

Business booked by meeting planners and travel agents before October 1 will still receive the standard 10 percent commission. Some large partners will be exempted from the cuts because of the high booking volume and higher-yielding events they book.

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