Priceline.com’s second-quarter profit grew 56 percent, while competitor Orbitz Worldwide continued to be stuck in the red. Priceline earned $54.1 million in the quarter, up from $34.6 million a year ago.

Red Lion Hotels Corp.’s profits fell 8.3 percent in the second quarter on a slight increase in revenue. Net income was $2.3 million, down from $2.5 million in the same quarter last year. Revenue was up 1.7 percent, to $49.8 million.

Air France-KLM reported that its July traffic rose by 1.8 percent with capacity up 3.9 percent. The load factor stood at 84.4 percent, down 1.8 points. Air France-KLM recorded good progress in yield and unit revenue excluding currency impact, driven by business traffic.

Iberia presented yesterday the results for the first half of the year. In the first six months of 2008 the airline generated consolidated profit after taxes of €20.7 million and profit from operating activities of €6.3 million. The EBITDAR came to 259.3 million euros, 34.2 percent less than in the same period of 2007.

Wyndham Worldwide Corporation announced revenues for the lodging group in the second quarter of 2008, compared to the second quarter of 2007. Net income for the same period was $98 million or $0.55 diluted earnings per share, up 3 percent from the second quarter of 2007.

Expedia Inc. has agreed to acquire Venere.com, an Italy-based online travel agency focused solely on hotel reservations. Venere has direct relationships with approximately 29,000 hotels, including 26,000 in Europe.