InterContinental Hotels Group predicted “an era of unprecedented opportunity and sustained growth” for the company as it responds to favorable socio-economic trends in high-priority markets such as China, India and the Middle East. The company, which operates brands such as InterContinental, Holiday Inn, Crowne Plaza, Staybridge Suites and Candlewood Suites, believes it is “wonderfully placed” to take advantage of favorable economic trends in new and emerging markets. These include rapidly growing and shifting populations, heavy investment in infrastructure and significant GDP growth.

The U.S. Hotel Industry Leading Indicator decreased 1.1 percent during September after a slight drop of 0.5 percent during August, reports economic research firm e-forecasting.com in conjunction with STR. The U.S. Hotel Industry Leading Indicator, or HIL, is a monthly leading indicator for the U.S. hotel industry that, on average, leads the industry’s business activity four to five months in advance.

GOL Linhas Aereas Inteligentes S.A., the largest low-cost and low-fare airline in Latin America, announces today its results for the third quarter of 2010 (3Q10). The following financial and operating information, unless otherwise indicated, is presented in accordance with International Financial Reporting Standards (IFRS) and in Brazilian Reais (R$), and all comparisons are with the third quarter of 2009 (3Q09) and the second quarter of 2010 (2Q10).

Priceline.com reported its third-quarter results, reporting a fiscal third-quarter income of $223 million, compared with a profit of $319 million a year earlier. Revenue was $1 billion, up from $730.7 million.

InterContinental Hotels Group reported financial results for the third quarter of 2010. The group reported total gross revenue from all hotels in IHG’s system of $5.1 billion, up 13 percent at constant currency, and global constant currency RevPAR growth of 8.1 percent, driven by occupancy growth of 4 percentage points and rate growth of 1.8 percent. Third-quarter operating profit increased 14 percent and year-to-date operating profit increased 19 percent, excluding the impact of performance-based long-term incentive costs.

Virgin America reported a third quarter net profit of $7.5 million—the airline’s first quarterly net profit. The growing airline reported a record quarterly operating profit of $21 million (a 314 percent improvement year-over-year), resulting in a 10.4 percent operating margin for the quarter. The airline reported revenues of $202 million for the quarter, a year-over-year revenue increase of 28 percent.