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Travel Site Posts Profit Growth

CNN: Orbitz posts profit, meets estimates

Hotel bookings helped push travel site Orbitz to increased profitability, reporting about $5 million of earnings versus last year's roughly $4 million. Travel sales growth has been more consistent than other e-commerce categories in 2004, most weeks showing about 30 percent growth or more, rivaling online retail sales that have been hovering around $1 billion per week.

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