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Hoping for higher rates, chains open new hotels

Stay near the new home of Austin City Limits at W Austin.

By Joe Brancatelli

Hotel companies have this fantastic vision of 2011, filled with sugar plums and rapid nightly rate increases. Hence a burst of new properties:

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Joe Brancatelli is editor and publisher of JoeSentMe.com, a non-commercial Web site for business travelers. Copyright 2010 by Joe Brancatelli. Licensed by contract for Orbitz use.

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