The Web-Based Marketing Plan Tool-Kit; A New Product Launch By Hotel Reports

ITHACA, N.Y.- Lodging industry decision-makers have a tough time getting an
accurate and understandable read on localized and specific markets.
Sometimes data and statistics can be incomplete and inaccurate. At other
times market reports might be too expensive, hard to get, or out-of-date.
And often, decision-makers have to turn to half-a-dozen different data
providers in order to get a complete roster of market information relevant
to a specific area.

However, starting this week and running through Friday, October 6,
decision-makers and property managers can turn to one source on the Web for
all their market information needs. At www.hotelreports.com, RealTime Hotel
Reports, LLC, has launched the Marketing Plan Tool-Kit, a zip code
specific roster of seven types of market indicators. Users visit
www.hotelreports.com, enter their assigned user ID and password, and order a
report that contains:

The 15 Closest Properties in Development that show projected additions to
the hotel's competitive market supply.

Business Patterns that include county demographics, expenditures, and
density of hospitality venues.

Workforce Characteristics that include county employment statistics and
income levels.

Airport Traffic Statistics that include traffic volume for the closest major
airport to the property.

Statewide Travel Statistics that include demographics and spending patterns
of state visitors from the largest
feeder states for the selected area.

Lodging Guide Book Listing Summary that includes a list of proximate hotels
as found in select lodging guide books.

National Amenity Profile Report that includes hotel amenities by chain type.

The order is deliverable via e-mail, fax, or next-day postal delivery.

RealTime Hotel Reports, LLC, was launched in 1997 as an innovative,
web-based information brokerage firm, providing highly customized research
services and comprehensive market intelligence for decision makers in the
U.S. lodging industry. As the company debuts its chief products and
services in the coming months at www.hotelreports.com, it can already point
to an impressive roster of past and present clients. They include American
Express, Mobil Guide Books, The American Hotel & Motel Association, The
Cornell University Center for Hospitality Research, and The American Resort
and Development Association. Based on the extraordinary success of the 1998
AH&MA Lodging Survey, RealTime Hotel Reports was selected to conduct the
recently completed 2000 Compensation and Benefits Survey, which included
2,100 respondents, six times the number for any previous survey. RealTime
Hotel Reports is based in Ithaca, New York, where it benefits from a
uniquely talented labor pool, high-speed Internet infrastructure, and access
to the world's foremost hospitality resources and industry leaders through
Cornell University.

The RealTime Hotel Reports Lodging Industry Weekly Digest is a regular
summary of important statistical trends in the U.S. lodging industry, with
information culled from RealTime Hotel Reports' past and current research
projects and the American Lodging List (ALL), RealTime Hotel Reports'
industry-leading database.

FOR MORE INFORMATION CONTACT MATT NISBET AT 607-277-0050 X503.

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