LodgeNet provides pay-per-view movie services to hotels, and the company’s latest financial filing shows nearly a 10% drop in revenue in the first quarter of 2010 compared to the same period a year ago. (And that’s after a 19% drop in revenue from 2008 to 2009.) Travelers seem to be wising up to the high prices of hotel pay-per-view and are resorting to other ways to stay entertained. Now if only our laptops and smartphones could contain a mini-bar compartment.
Are Pay-Per-View Hotel Movies Pointless In 2010?
By May 12, 2010