A press release from SubwayHotels is not really necessary. The service/mashup does just what you think - helps find hotels near subways (the transportation kind, not the sandwich shop kind) in Berlin, Paris and Madrid. (There's TubeHotels for London - a separate site.)

SubwayHotels has got all the requisite things - cost comparisons, various sources, info on the hotels, etc. and it's got that great name. Will that name be a bigger draw than say Hotels.com that also shows subway stops on its maps but doesn't make a big deal of it?

Oh, and business model? "No we are not a charity - we earn small commissions from the companies we refer you to."