The second thing buoying MLPs is that there's a buyer's market for pipelines and other so-called midstream assets, which asset-cutting big oil companies and bankruptcy-mired Enron are selling off.

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"It's a buyer's market, " he said.

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"It's definitely a buyer's market, " Freitag said, and it is the right time to ask -- if these add-ons aren't already offered -- for free breakfasts, room upgrades and, for example, free access to a property's gym.

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