Friday, September 25, 2020

NEW TECHNOLOGY TRUMPS IN-ROOM HOTEL ENTERTAINMENT

September 6, 2010 by · 1 Comment 

More and more travelers are taking their rented movies on the road with them to play on laptop computers or accessing them over the Internet via Netflix and other streaming services, resulting in the virtual destruction of in-room movie-rental services and impacting hotel revenue, the Los Angeles Times reported on Saturday. It noted that Sioux Falls-based Lodgenet saw its revenue drop 9.3 percent in 2009 to $484.5 million, then plummet this year when it reported a second-quarter loss of $3.1 million. Some hotel operators have given up hope of ever seeing a boost in the future for in-room entertainment. “That revenue is gone,” Matt Greene, general manager of the Hard Rock Hotel in San Diego, told the Times. “It’s nonexistent.”