Las Vegas Strip hotels colluded, inflated room rates, lawsuit claims
reviewjournal.com
reviewjournal.com
"Operators price rooms independently in a competitive market. However, information shared and algorithms set through the platform Rainmaker displaced normal competitive pricing and led to increased room prices, according to the suit filed in the U.S. District Court."
Though realistically, they have software to find a guest a room at any other hotel. This can become required if they overbook (they overbook as a rule, kind of like ISPs) and have to honor an agreement.