A new website that offers booking information about thousands of beach property in the Caribbean and Europe, Onbeach.com, has enlisted the existing booking.com to round out its services.

InterContinental Hotels Group’s net profit dropped 25 percent in the first quarter, but CEO Andrew Cosslett said the credit crunch has had little impact on business.

Priceline.com Incorporated has reported first-quarter net profit of $18.2 million, or 37 cents per share, compared with a loss of $16.3 million, or 44 cents per share, a year earlier.

Riviera Holdings Corporation has reported financial results for the three-month period ended March 31, 2008. For the first quarter, company’s net revenue was $48 million, a decrease of $4 million, or 8 percent, from the first quarter of 2007.

Russia’s largest airline Aeroflot will raise its dividend in 2007 despite lower profit. The company, which posted a net profit of RUB6.07 billion to Russian Accounting Standards in 2007, said it would pay RUB1.52 billion in dividends or RUB1.367 per share, representing 25 percent of the annual profit.

The Kuoni Group is to acquire specialist tour operator Golf Plaisir Resebyra AB on July 1. The corresponding contractual agreements were signed on 28 April. The Swedish-based company is currently the biggest independent provider of golf travel products to the Scandinavian market, and specializes in group travel for golfers to Mediterranean destinations and exclusive tailored golfing vacations all over the world.