1st Quarter Profit Jumps to $122M

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Company Opens First Cambria Suites Hotel in Boise, Idaho

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MGM MIRAGE (NYSE:MGM) announced today that it will invest in The M Resort, an 80-acre mixed-use development, currently being developed by Anthony A. Marnell III.

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Time was when a call to a hotel before 6 p.m. the day of arrival was enough to cancel a hotel reservation without penalty. Not so in today’s wired world.

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In response to my concern that the travel site Expedia is spamming its customers (of which I’m one) in violation of the Can Spam Act as well as in disrespectful defiance of its customers’ elections not to receive solicitations for special travel deals, Expedia has finally responded with an explanation that, if you ask me, reminds me of how pathological liars end up believing their own lies.

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Hilton Hotels Corporation (NYSE:HLT) today completed the sale of the 132 hotel Scandic chain to EQT for €833 million or approximately US$1.1 billion. Net proceeds after transaction costs and taxes are expected to be approximately $1.04 billion and will be used to pay down debt.

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Sramana Mitra analyzes the Yahoo! Travel site based on the Web 3.0 framework.

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Opening in 2011, The St. Regis Hotel & Residences, Jakarta will Offer Guests Superior Design and Unparalleled Service in One of Asia’s Most Exciting Metropolises

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In a sneak preview of the Worldwide Hotel Activity Report, MKG Consulting presents the official 2007 ranking of groups and hotel brands worldwide. The 10 leading groups cumulated growth in supply by around 100,000 rooms. Among them, the first 6 posted growth by more than 10,000 rooms each.

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AppExchange Incubator enables TripSync to accelerate success with on-demand initiatives - First in a series of worldwide incubators to fuel entrepreneurship in multi-tenant applications and on-demand companies through the power of The Business Web

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