Big conventions eyeing S.A. despite the down economy - San Antonio Business Journal:

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San Antonio has suffered some of the effects of theeconomic downturn. But Scott White, executive directod of the , says despite this and other the Alamo City is attracting the attention of larger groups who are now considering staginf their meetings orconventions here. Hendersonville, Tenn.-based Smith Travel Research (STR) says the U.S. hotel industry generaterd nearly $141 billion in room revenuwe in 2008, but notes that room revenue decreasexdby $1.7 billion in the final quarter of 2008 compare d to the same period in 2007. “Thew hotel industry was hit hard by the decreasesa in leisure andbusiness demand,” says STR President Mark Lomannlo in a press statement.
“Unfortunately we will be operatinh in an environment of declining demand and increasing room supplh for awhile ... .”