LAS VEGAS (KLAS) — Hidden charges for resort stays and reside exhibits are on their manner out.
Tuesday, the Federal Commerce Fee issued its last ruling that the marketed price of a ticket or keep have to be the identical as it might be on the finish of checkout — with no shock junk charges.
The FTC predicts their new ban on hidden junk charges will save shoppers 53 million hours a yr. All that point comes from scouring completely different web site to search out the one which hits you with the least shock charges come take a look at time.
With the brand new rule, the primary value you see would be the value you get.
Ticket brokers like Ken Solky, president of Lasvegastickets.com, say it’s a victory for followers.
“I think it’s enormous. I think it’s a big win, Solky said. “I think it’s going to make it a lot easier for people to make their decisions on what seats they’re buying, how much they really cost when they’re ready to make that decision.”
The rule additionally tackles resort charges. Whereas Solky works within the live-event house, he’s no stranger to reserving a keep, like he did only recently.
“The price was one thing. And when I went to check out, there was $360 worth of resort fees,” Solky stated. “That might have swayed my decision had I known about it when I was looking.”
Whereas the rule doesn’t ban charging the charges, it bans hiding them till it’s time to click on pay.
Solky says a standard technique ticket sellers use is to mark down the marketed value of a ticket, then use hidden charges to deliver them proper again up. The FTC estimates over the following ten years, the rule will save shoppers a complete of $11 billion.
“This FTC ruling is going to save a lot of people a lot of money, but more importantly, it’s just going to be more transparent and make it easier for them to make a decision,” Solky stated.
The brand new rule, pending placement, will go into impact 120 days after it’s printed within the Federal Register.
