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PKF Study Finds U.S. Hotels Extremely Vulnerable to Sharp Declines in Airline Capacity

According to the latest analytical data from PKF Hospitality Research (PKF-HR), U.S. hotels could face a decline in lodging demand greater than that experienced during the turmoil following the terrorist attacks on September 11, 2001. Under a worst-case scenario, a 1 percent decline in the number of seats flown within the U.S. will result in a 0.39 percent decline in the demand at the nation's hotels. These findings come from an in-depth econometric analysis performed by lodging experts PKF Hospitality Research.

Under New Ownership - the Chhatrala Group From San Diego Acquires the Radisson Hotel Fort Worth South

The Radisson Hotel Fort Worth South, recently acquired by Chhatrala Group, today announced the appointment of Moses Qidwai as the property's new general manager. Qidwai brings more than 25 years of experience in the hospitality industry to the position.

Prime Minister Wen Jiabao Praises Innovation During Ctrip Visit

China's Prime Minister Wen Jiabao visited the Shanghai headquarters of Ctrip.com International, Ltd. (Nasdaq: CTRP) as part of his economic tour of Shanghai on July 6, 2008. The Prime Minister was accompanied by Secretary of the Municipal Communist Committee Yu Zhensheng and Shanghai Mayor Han Zheng.

MEVIO Secures $15 Million in Funding to Support Rapid Growth and Move Into Vertical Entertainment Networks

MEVIO today announced that it has secured $15 million in a Series C funding round led by Crosslink Capital and including Kleiner Perkins Caufield & Byers, Sequoia Capital, Sherpalo Ventures and DAG Ventures. MEVIO will use the investment to continue expansion of its broadband entertainment offering and to launch new vertical entertainment networks that offer advertisers a "brand-safe" platform to reach audiences on the scale and frequency offered by traditional broadcast networks.

Sunstone Hotel Investors, Inc. to Present at the Oppenheimer 8th Annual Consumer Growth Conference

Sunstone Hotel Investors, Inc. (NYSE: SHO) announced today that Ken Cruse, Chief Financial Officer, will present at the Oppenheimer 8th Annual Consumer Growth Conference in Boston, Massachusetts. The presentation will take place on Thursday, July 10, 2008, at 1:50 p.m. EDT.

TAM files 2007 Annual Report on Form 20-F

TAM S.A. (BOVESPA: TAMM4, NYSE: TAM) announces that the annual report on form 20-F related to 2007 is available on its website, http://www.tam.com.br/ir.

DiamondRock Hospitality Announces Second Quarter 2008 Earnings Release and Conference Call

DiamondRock Hospitality Company (the "Company") (NYSE: DRH) will report financial results for its fiscal second quarter 2008 after the market closes on Tuesday, July 22, 2008. A conference call for investors and other interested parties is scheduled for 10:00 a.m. Eastern Time (ET) on Wednesday, July 23, 2008. Management will discuss the Company's fiscal second quarter 2008 results and its business outlook for 2008. The information to be discussed on the call will be contained in the Company's earnings release, which will be available in the Investor Relations section of the Company's website at www.drhc.com.

AirTran Airways and Orlando/Orange County CVB Partner to Encourage Travelers to Say YES to Orlando

AirTran Airways, a subsidiary of AirTran Holdings, Inc. (NYSE: AAI), and the Orlando/Orange County Convention & Visitors Bureau Inc. (Orlando CVB) -- along with performers from the resident company of La Nouba by Cirque du Soleil -- today unveiled a new look for one of AirTran Airways' Boeing 717 aircraft.

Swinger Website Launches an Online Guide to Swinging

With one of the most conservative networks, CBS, launching a series about swingers called "Swingtown," one of the most liberal web sites, BayCouples.com, is launching a web site about how to become and enjoy being one. Yes, a complete guide to those who are interested in trying the lifestyle of swinging is now available for free to any online adult user at http://SwingersHandbook.com .

Santa Cruz Beach Boardwalk Enjoys Record-Breaking 4th of July Weekend

The Santa Cruz Beach Boardwalk experienced a record-breaking 4th of July weekend, with visitors from around the Bay Area finding perfect beach weather and great value for their vacation dollar. Recent park surveys show that visitors are increasingly concerned with value and that they are making their travel decisions on shorter notice.

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