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March 17, 2006

San Jose Occupancy Rate Achieves Double Digit Growth in

SAN JOSE, CA – The San Jos�
Convention & Visitors Bureau (SJCVB) announced a whopping 20.68% increase in
the average hotel rate for the 14 San Jos� convention hotels. Hotel Average
Occupancy and Average Daily Rate has climbed steadily since the beginning of
the year. “The last time San Jos� convention hotels had a $131 ADR was in
May 2002,” commented Dan Fenton, CEO of the San Jos� Convention & Visitors
Bureau and Team San Jos�. “Occupancy rates, gross revenues, and total rooms
sold are approaching levels not seen since 2000,” he added.
This significant upswing is a reflection not only in a stronger national and
local economy but also due to the unique business model of Team San Jos�
(TSJ). The TSJ working partnership between labor and the private sector has
resulted in increased bookings at the Convention Center and a more
customer-focused environment for clients.

The increased focus on the customer experience and diversification of the
client mix outside of technology has paid off handsomely. “It’s always a
good story when you can increase customer satisfaction ratings while you are
also increasing business; it means you have the organization focused and
executing on what matters,” said Fenton. Convention Center facilities held
123 events during the second quarter. This represents a 7% growth over
contracted events from the same period last year. Convention Center bookings
for March are also showing a year over year increase of 15%.

Major events during the month of February included: Religious Conference
Management Association, RSA Security, National Society of Black Physicists,
and International Society for Optical Engineering. High visibility events
booked in March include: California Association of Bilingual Education,
Synopsis Science & Technology Championship, Voice On The Net Conference &
Expo, Game Developers Conference, and Air Conditioning Contractors of
America Conference and Indoor Expo.

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