Well, if you are Hilton, you probably have a deal without that "undercut part" in the contracts. OTAs depend on the big chains.
On the other hand, these undercut clauses are already in discussion for violating competition regulations. So even if there is such clause in a contract, the OTAs may not fight for it.
On the other hand, these undercut clauses are already in discussion for violating competition regulations. So even if there is such clause in a contract, the OTAs may not fight for it.