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Broadband-Enabled Hotels to More Than Triple by 2009 Reports In-StatSCOTTSDALE, Ariz. --(Business Wire)-- Oct. 12, 2005 -- Worldwide, the ranks of broadband-enabled hotels will grow from 14,300 properties in 2004 to nearly 54,000 properties in 2009, reports In-Stat (http://www.in-stat.com). Broadband services have penetrated North America limited service properties at a much more rapid pace than expected, and that region will continue to see growth over the next few years, the high-tech market research firm says. This forecast represents properties that offer broadband access in the guestroom, rather than only in the business center, lobby areas or meeting rooms. "Growth in the next few years will focus on two and three star properties in North America, as well as increased deployment in Europe and Asia Pacific," said Amy Cravens, In-Stat analyst. "In previously deployed hotels, broadband will be pushed into new areas and new applications." A recent report by In-Stat found the following: -- North America is currently the largest region for hotel broadband, representing approximately two-thirds of total properties connected. -- In terms of total market, defined as all travel accommodations worldwide, broadband will have only penetrated 3.4 percent in 2004, growing to 11.4 percent in 2009. -- Acquisitions will continue to change the provider landscape. The report, "Battling for Broadband...: Broadband in the Hospitality Industry"(#IN0502197MU), covers the market for broadband service in the hotel industry, with a focus on properties that provide the service to guestrooms. It includes analysis of market drivers and barriers, emerging applications, and provider strategies. Results of a user survey and forecasts for market penetration, equipment revenue, usage rates, and potential revenue are also provided. For more information on this report, please visit: http://www.instat.com/catalog/pcatalogue.asp?id=70 or contact Erin McKeighan at 480-609-4551 or [email protected]. The report price is $3,495. About In-Stat In-Stat (www.in-stat.com) is the leading provider of actionable research, assessments and market forecasts of semiconductors and advanced communications equipment and services. Our forecasts, analysis, and insights are derived from both a deep technology understanding and a unique research methodology, which examines each segment of the value chain for each market. Technology vendors, service providers, technology professionals and market specialists, worldwide, rely on In-Stat's tenured, experienced staff and in-depth research to support critical technology, product and success decisions. In-Stat is a strategic segment of the $8 billion Reed Elsevier global information network, with access to an expansive worldwide electronic network, extensive technology databases and well-informed personnel. In-Stat analysts gain exceptional insight into geographic marketplaces and specific technologies within markets such as electronics, cable and wireless. As a member of Reed Business Information, In-Stat is a division of the largest business-to-business publisher in the United States. |
