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Hotel demand for Obama inauguration down 16 percent

Excerpt from Los Angeles Times

Jan 21, 2013 5:03 am

Skift Take

Not a huge surprise, to be expected in a second term.

— Rafat Ali

Free Report: The Megatrends Defining Travel in 2015

The number of rooms booked in the District of Columbia area between Saturday and Monday is down 16% compared to four years ago, according to TravelClick, a New York company that provides e-commerce products and services to the hotel industry.

As a result of the drop in demand, hotel rates are down 11% compared to the last inauguration, the company said.

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