Marketing Factoids

  • Music sales in the United States will decline to $9.2 billion in 2013, from $10.1 billion this year. source ›
  • Acquiring a new customer costs about five to seven times as much as maintaining a profitable relationship with an existing customer source ›
  • Consumers ages 18 to 27 say they use the Internet nearly 13 hours a week, compared to viewing 10 hours of TV source ›
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JUL 2007

Holiday Inn chain gives itself a face-lift

USA Today, July 19, 2007 — The roadside Holiday Inns that became fixtures in towns across the USA beginning in the 1950s are disappearing. London-based InterContinental Hotels Group (IHG), current owner of the brand that pioneered franchised motor hotels, is in the process of shedding roughly half the nearly 1,100 properties that it had in 2004, mainly by ending franchise agreements with operators of substandard properties.

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