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Event promoters, hotels and lodging sites soon will have to disclose extra fees up front

FILE - The Federal Trade Commission building is seen in Washington on Dec. 8, 2024. (AP Photo/Jose Luis Magana, File)
FILE - The Federal Trade Commission building is seen in Washington on Dec. 8, 2024. (AP Photo/Jose Luis Magana, File) FILE - The Federal Trade Commission building is seen in Washington on Dec. 8, 2024. (AP Photo/Jose Luis Magana, File)

The Federal Trade Commission on Tuesday said it will soon require hotels, vacation rental platforms and live event promoters to disclose any fees up front when they list prices.

The FTC said consumers often see advertised prices for hotel rooms, short-term rentals, and tickets to sporting events and concerts only to be surprised later by so-called “junk fees,” including resort fees, cleaning fees, processing fees and other extra charges.

“People deserve to know up front what they’re being asked to pay without worrying that they’ll later be saddled with mysterious fees that they haven’t budgeted for and can’t avoid,” FTC Chair Lina Khan said in a statement.

The rule is scheduled to go into effect in 120 days.

Ticketmaster said Tuesday it supports the new rule.