| SIOUX FALLS, S.D., July 19, 2000 -
LodgeNet Entertainment Corporation (Nasdaq: LNET), the leading provider
of broadband, interactive television services to the hospitality industry,
announced today it has installed 4,000 hotels with its interactive systems
and services.
LodgeNet installed its 4,000th system at The Ritz-Carlton, Philadelphia,
which opened this spring and is a centerpiece of Philadelphia�s Avenue
of the Arts renovation project. Guests at the hotel enjoy LodgeNet�s full
suite of interactive television services including on-demand movies, Nintendo®
64 video games, Guest Satisfaction Survey and Video Checkout, as well as
high-speed Internet on TV.
�We�re extremely pleased to reach this milestone as we continue to deploy
our single, open architecture platform to 100 percent of our interactive
room base,�
| said Scott C. Petersen, president and CEO for
LodgeNet. �Given our longstanding relationship with The Ritz-Carlton Hotel
Company, L.L.C. it�s fitting that one of their properties should be the
site of this achievement.� LodgeNet has served hotels of The Ritz-Carlton
Hotel Company since 1994, and the companies signed an extended and expanded
interactive services agreement last November.
LodgeNet began providing interactive television services to hotels in
1992 with its Guest Scheduled(SM) on-demand movie service. The company
has grown its interactive room base by a compounded annual growth rate
of 31.6 percent from 1992 to 1999, and currently provides interactive television
services to more than 690,000 guest rooms. This January LodgeNet was the
first to announce that all of its installed interactive rooms were �on-demand,�
offering entertainment on the guest�s schedule as opposed to pre-scheduled
starting times.
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, Nintendo® video games,
Internet-enhanced television, high-speed Internet access and other interactive
television services designed to serve the needs of the |
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Pebble Beach Company Company To Benefit
from Single Point of Contact, Extensive Customization
LodgeNet Entertainment Corporation will provide its comprehensive
bundle of customized, interactive television and high-speed Internet connectivity
services to The Inn at Spanish Bay, The Lodge at Pebble Beach, and Casa
Palmero �all properties of the prestigious Pebble Beach Company.
Through LodgeNet�s latest broadband, interactive digital
system, guests at the Pebble Beach properties will enjoy a variety of customized,
interactive television services including:
-
A Video Welcome Channel incorporating promotional vignettes
of the properties;
-
A dedicated resort channel that displays a promotional video
produced by Pebble Beach Company;
-
HotelTourSM, LodgeNet�s interactive concierge service featuring
digitized video vignettes; and,
-
A direct link from the guest room television to Pebble Beach
Company�s Web site.
Additionally, LodgeNet will provide the Pebble Beach properties
with high-speed Internet on TV and OnLine by LodgeNetSM Powered by Wayport®
high-speed Internet connectivity services including �plug and play� guest
room connectivity, wired and wireless connectivity for meeting rooms, wireless
public area connectivity, and connectivity for each property�s administrative
back office.
The interactive television and Internet services will
augment LodgeNet�s traditional interactive television services including
on-demand movies, Nintendo® 64 video games, and DIRECTV® digital
satellite entertainment.
�We look forward to providing our guests with state-of-the-art,
interactive TV and high-speed Internet services through this new agreement
with LodgeNet,� said Dominic Van Nes, Vice President Information Services
for Pebble Beach Company. �We�re especially excited about the enhanced
potential for in-room promotion of our resorts through LodgeNet�s interactive
systems.� |
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lodging industry and the traveling public. As one of the largest companies
in the industry, LodgeNet provides service to more than 760,000 rooms in
more than 4,900 hotel properties. More than 200 million travelers have
access to LodgeNet systems on an annual basis. LodgeNet is listed on Nasdaq
and trades under the symbol LNET.
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