Certainly not an article I would recommend. It shows a complete lack of understanding that we were already having economic difficulties before 9/11 which impacted occupancy rates significantly. Even before 9/11, hotel -- even and especially in NYC -- were dumping rooms onto Priceline and other such "distressed inventory" channels.

And terrorism fears have decreased since the end of 2002? As evidenced by all the "security" spending and firms/persons living on insecurity-related payments, people's actions are speaking louder than their words and the money talks loud that the insecurity persists. And that too, now we -- a still largely terrified nation -- witness that hotel rates in those areas most directly impacted by terrorism in the US are at record highs. How would the article writer explain that? By hotel staff in NYC and DC engaging in "improved security measures"?