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Just the facts.


The American Hotel and Lodging Association, Washington, D.C., annual industry profile is chock full of interesting factual tidbits TidBITS is an award-winning electronic newsletter and web site dealing primarily with Apple Computer and Macintosh-related topics. Internet publication
TidBITS has been published weekly since April 16, 1990, which makes it one of the longest running Internet publications.
. Compiled by AH & LA from such data sources as American Economics Group; D.K. Shifflet and Associates, Ltd.; and Smith Travel Research, the profile includes the following statistics:

* Total lodging industry revenue rose to $105.3 billion in 2003--up from $102.6 billion in 2002.

* Resident and international travelers in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area.  spend an average of $1 billion a day.

* Tourism is the third largest retail industry behind automotive and food stores.

* States planned to spend a projected $554.2 million for development and promotion in the travel and tourism industry in 2002.

* The average room rate decreased from $83.54 in 2002 to $82.52 in 2003. However, this rate has steadily increased in the past decade, from $60.53 in 1993.

RELATED ARTICLE: MERGERS

Before: Medical Alley, MNBIO

After: Medical Alley (permanent new name to be decided): www.medicalalley.org

Before: Association for Local Telecommunication telecommunication

Communication between parties at a distance from one another. Modern telecommunication systems—capable of transmitting telephone, fax, data, radio, or television signals—can transmit large volumes of information over long distances.
 Services, CompTel/ASCENT

After: CompTel/ALTS (permanent new name to be decided): www.alts.org and www.comptelascent.org

Before: WiMedia Alliance (WiMedia Alliance, Inc., San Ramon, CA, www.wimedia.org) A membership organization founded in 2002 that is devoted to the development of short-range, ultra-wideband (UWB) transmission. , MultiBand OFDM (Orthogonal Frequency Division Multiplexing) A digital transmission technique that uses a large number of carriers spaced apart at slightly different frequencies.  Alliance Special Interest Group

After: WiMedia Alliance, Inc.: www.wimedia.org
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No portion of this article can be reproduced without the express written permission from the copyright holder.
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Title Annotation:HOSPITALITY INDUSTRY
Publication:Association Management
Article Type:Industry Overview
Geographic Code:1USA
Date:May 1, 2005
Words:202
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