The document discusses how the hotel booking industry has been transformed by mobile and online technologies. It describes how online travel agents disrupted the traditional dominance of travel agencies and wholesalers by offering more options, transparency, and flexibility. This led to price wars among online travel agents until rate parity agreements were introduced to protect hotel margins. More recently, same-day booking apps have offered increased flexibility and pricing options by enabling location-based, non-indexable bookings. The presentation concludes by noting the average savings of 28% that same-day booking through HotelQuickly provides compared to online flash deals.