Expedia, IHG Resolve Differences

After a three-year break in their relationship, Expedia and InterContinental Hotels Group last week announced a "multi-year" distribution agreement. IHG properties already are available via Expedia's Hotwire.com. The companies said the properties would be added next month to the Expedia Corporate Travel channel, followed by global availability next year across all Expedia.com and hotels.com sites. Observers suggested that expectations of an economic slowdown played a role in the reconciliation.