A new online hotel venture could come in handy for frequent travelers:

New Online Hotel Venture: A group of leading hotels (Hilton, Hyatt, Marriott, Starwood, and Six Continents) today announced the formation of Hotel Distribution System, a new venture that will market hotel rooms over the Internet through multiple online sites. Utilizing the technology of Pegasus Solutions, HDS plans to provide the link to allow Internet sites to sell hotel rooms via direct connections to hotel reservation systems. "We believe our technology platform will be more efficient than competitors, ultimately resulting in better prices and more hotel deals."