NEW YORK, Nov. 8, 2010 /PRNewswire/ -- LodgeNet Interactive
Corporation (Nasdaq: LNET), the leading provider of media and
connectivity solutions to hospitality and healthcare businesses,
will participate in the Piper Jaffray Technology, Media &
Telecommunications Conference taking place this week in
New York. During his presentation
on Wednesday, November 10th, Chairman
and CEO Scott C. Petersen will
highlight progress on the Company's strategic growth initiatives
centered on delivering high definition interactive television
services and broadband Internet connectivity to major hotels
throughout North America.
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"Our current base of more than 1.8 million guestrooms and the
500 million travelers we reach annually is a highly strategic asset
for our Company," says Petersen. "Given that we deliver the best
screen into the room in a world of exploding interactivity and
connectivity, we are clearly focused on leveraging these trends
into highly meaningful growth opportunities for our Company. Our
revenue diversification initiatives in Hospitality and Healthcare
are delivering strong growth trends and continue to expand their
share of our total revenue. Hotels are beginning to accelerate
their transition to high definition television as the travel
economy recovers, which will drive our growth opportunity. HDTV
installations in the fourth quarter will be more than double that
of the third quarter, and we expect next year's HDTV growth to be
triple the growth rate of 2010."
About LodgeNet Interactive
LodgeNet Interactive Corporation is the leading provider of
media and connectivity solutions designed to meet the unique needs
of hospitality, healthcare and other guest-based businesses.
LodgeNet Interactive serves approximately 1.8 million hotel rooms
worldwide in addition to healthcare facilities throughout
the United States. The Company's
services include: Interactive Television Solutions, Broadband
Internet Solutions, Content Solutions, Professional Solutions and
Advertising Media Solutions. LodgeNet Interactive Corporation owns
and operates businesses under the industry leading brands:
LodgeNet, LodgeNetRX, and The Hotel Networks. LodgeNet Interactive
is listed on NASDAQ and trades under the symbol LNET. For more
information, please visit www.lodgenet.com.
SOURCE LodgeNet Interactive Corporation