Press Release: LodgeNet Entertainment Corporation
January 19, 2001
SIOUX FALLS, S.D., Jan. 18 /PRNewswire/ -- LodgeNet Entertainment Corporation (Nasdaq: LNET), a leading provider
of broadband, interactive television to the hospitality industry, today announced it has broken through the 800,000
mark for hotel guest rooms. The rooms represent more than 5,000 hotels, making LodgeNet the world's largest interactive
television provider in terms of properties served.
As of December 31, 2000, LodgeNet delivered interactive (guest pay) and/or free-to-guest television services to
approximately 807,000 hotel rooms in the United States, Canada and 13 other countries served by international licensees.
More than 725,000 rooms feature one or more of LodgeNet's interactive guest pay services including on-demand movies
and Nintendo® video games (provided in more than 700,000 interactive rooms).
``These milestones appropriately punctuate a year of solid growth highlighted by achievement on numerous fronts,''
said Scott C. Petersen, president and CEO for LodgeNet. ``By virtue of our agreement with Hilton last October --
giving us 70,000 contracted rooms with the opportunity to sign another 250,000 franchised rooms -- we are well
on the way to building an interactive guest room footprint of more than one million rooms.''
LodgeNet Entertainment Corporation ( http://www.lodgenet.com ) is a broadband,
interactive services provider which specializes in the delivery of interactive television and Internet access services
to the lodging industry throughout the United States and Canada as well as select international markets. These
services include on-demand movies and music, Nintendo® video games, high-speed Internet on TV, high-speed Internet
access for laptop computers and other interactive television services designed to serve the needs of the lodging
industry and the traveling public. As one of the largest companies in the industry, LodgeNet provides service to
more than 800,000 rooms in more than 5,000 hotel properties. More than 250 million travelers have access to LodgeNet
systems on an annual basis. In addition, LodgeNet is co-founder and 50 percent owner of InnMedia LLC, a broadband
interactive new media and advertising company. LodgeNet is listed on Nasdaq and trades under the symbol LNET.
SOURCE: LodgeNet Entertainment Corporation