• Auction.com heads for hotels

Online transaction site Auction.com has set up a new division to grow its hotel sales business. The web-based service sold 76 hotels last year, and has attracted bidders from over 100 countries since its 2007 launch.

The site promises sellers a maximum 90 day sales process. Currently, Auction.com is promoting 17 hotels for sale across the US, including properties under IHG, Choice and Hilton flags.

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