Update (11:22 a.m. ET): Matthew Chance describes his experience inside the Rixos to the BBC:
We drove out of the hotel compound into a completely different city than the one we had seen seven days earlier.… It was firmly their belief that if we went outside of the hotel, the rebels would capture us, kill us and rape the women. … I got to one point some time on Monday when I thought: they're going to use this hotel as a barracks for the army for one last stand. If they do that, what's going to happen to us? We found out we had no viable escape route. In the middle of all this violence, with the battle flaring up around us which we could hear but not see, it created this sense of paranoia.
Update (10:51 a.m. ET): Multiple reports that the journalists have left the Rixos Hotel in Tripoli. CNN's Matthew Chance reported that "436 local time: BBC has left the hotel" and "439pm local time: Crammed with other journos in the car. Reuters, other cameramen, FOX, and AP." He phoned in a live report to CNN as they were driving away. The International Committee of the Red Cross negotiated their release.
Original Post: As the nightmare for foreign journalists trapped inside the Rixos Hotel in Tripoli enters its fifth day, the captives are sounding increasingly desperate. "5 journos enter #rixos from outside, but kicked out by Gadhafi loyalists at gunpoint. We still not allowed to leave?" tweeted CNN's Matthew Chance on Wednesday morning. "All puzzled as to why we are being kept in #rixos. Any ideas?" he followed up a few minutes later. With the hotel surrounded by Qaddafi loyalists, the journalists are describing themselves as hostages. Reporters Without Borders sent out a press release about the situation on Wednesday night urging "all the parties involved to ensure the safety of journalists, both Libyan and foreign," and the British government says they're working with the rebels on a solution. But without much progress the journalists running out of food--Chance ate a Mars bar for breakfast--ideas abound over why they're still stuck.