I think its obsession linked to being popular.
I like at webstats and get excited when I see we have had say 100 more visitors yesterday then this time last week. However, as you say the bottom line is the number of enqueries and then bookings we can generate.
For example last weekend, our Italian website was quiet but we had 2 people book their holidays direct through the website. That 1,000 times more useful to me than people just visiting.
However, I guess its also a numbers game, more visitors equal more business. Although about 50% of my visitors spend less than a minute on the sites before they leave....



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