State reached a settlement with two hotel
owners and a hotel management company to end their practice of “call-arounds.” According to the state, call-arounds allowed competing
hotels in close proximity to exchange sensitive competitor information at least once a day about occupancy and current room rates that may be used to fix rates for hotel rooms. Owners of Holiday Inn Express and Homewood Suites in two Connecticut cities agreed to stop sharing information and to pay $50,000 civil fine.