Are there any limitations on .hotel pre-registrations?

Gretor has set a limit of 500 .hotel pre-registrations per user. This limit is intended to allow equal opportunity to our customers and prevent domain name warehousing. Any .hotel pre-registrations that exceed this amount or create multiple accounts will be deleted.

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Why are there new gTLD's? .hotel new gTLD domain names?

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Does it cost anything to pre-register .hotel?

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Am I obligated to register a .hotel domain I pre-registered?

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