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Netflix Beats Porn by 40x for Hotel Room Entertainment

Still think that sex sells? Think again: On average, only one percent of occupied hotel rooms order paid VOD on any given day, and 90 percent of the profits from those transactions are for adult entertainment. But hotels that replace VOD with Netflix, 40 percent of rooms stream something from the service on average.

Hotel booking platform Trivago jumps 10.7 percent in IPO debut

Shares of Trivago rose as much as 10.7 percent in their debut on Friday, valuing the hotel booking platform at about $2.89 billion.

Düsseldorf, Germany-based Trivago's stock rose to a high of $12.18 in early trading.

Trivago, which is mostly owned by U.S. online travel firm Expedia Inc, offered 26.1 million American depository shares (ADS) at $11 each on Thursday, raising $287 million for the company and selling shareholders.