The Financial Times reports that US hotel telecommunication revenue dropped 50.3% between 2000 and 2003. Long distance revenue fell by 59.3% while local revenue fell by 26.2%. Revenue from internet and fax access rose by 9.1%. Profits on hotel phone surcharges during the 1990's were as much as 50%. Dramatic, but not surprising.
Cell Phones Gut Hotel Telecommunications Revenue
