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Posted AT 11:42 AM EST on 25/06/08

U.S. hotels pin hopes on business travel

MARK MCSHERRY

Reuters

NEW YORK — U.S. hotel executives, expecting soaring fuel prices and the broad economic slowdown to slow leisure travel through 2008, hope that business travel will somehow save the day – and the year. According to a recent Reuters/Zogby poll, many Americans will forgo vacations this year, with nearly 39 per cent saying they may change their vacation plans. Expensive gas is the culprit. U.S.

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