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Selling hotel rooms online cutting into daily rates: decreased corporate bookings one reason hoteliers resorting to online agencies. (Tourism).

Publication: San Diego Business Journal
Publication Date: 27-JAN-03 		Format: Online - approximately 718 words
Delivery: Immediate Online Access

Article Excerpt
The growing trend of Internet booking companies may have helped to shore up occupancies at area hotels in the fourth quarter, according to industry experts.

Just how much is uncertain. But if more vacant rooms are dumped online, the trend could erode rates, experts warned.

In a year-to-year comparison, occupancy during the final quarter was up slightly--1.4 percent--compared to the same period in 2001. But for the year as a whole, occupancy was down about 2 percent compared to 2001, according to preliminary figures from the San Diego Convention & Visitors Bureau.

For the first two months in the recent fourth quarter--the latest data available--the average...

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