Companies; Increases Revenue 900% with
HSIA Installations Nationwide
|Louisville, CO (May 26, 2004) SuiteSpeed, a leading
provider of wireless and wired Internet solutions without boundaries
to the hospitality industry, today announced that it has been ranked No.
2 in The Boulder County Business Report's Mercury 100 Fastest-Growing
Private Companies, recognizing the entrepreneurial achievements of the
hottest rising stars in the Boulder area.
Companies are rated based on outstanding revenue growth from 2002 and 2003. SuiteSpeed is the only high-speed Internet access (HSIA) provider and hospitality technology company on this list of Colorado’s fast companies. SuiteSpeed grew its revenues 900 percent during this period to achieve seven figure sales.
The company provides high-speed Internet networks for both branded and independent hotels across the US. Local Colorado hotels serviced by SuiteSpeed include the Boulder Broker Inn and Towne Place Suites in Broomfield.
“The hospitality industry is experiencing a resurgence in business travel for the first time in almost five years,” said Michael Wasik, SuiteSpeed President and CEO. “As more business travelers get back on the road, they’re accustomed to having dependable, cost-effective high-speed Internet access. Simply put -- our success can be attributed to providing reliable technology and quality service at an affordable price.”
According to the Travel Industry Association of America’s (TIA) Annual Travel Forecast*, business travel is increasing for the first time since 1999. U.S. residents are forecasted to take nearly 145 million business trips in 2004, an improvement of 4.6 percent from 2003. In 2005, business travel will increase 3.5 percent to nearly 150 million trips.
SuiteSpeed’s high-speed Internet solutions continue to gain wide acceptance in the marketplace, with major installations in prominent hotels nationwide.
|Also See:||Sage Hospitality Resources, the 7th Largest Hotel Management Company, Selects SuiteSpeed As Preferred Provider for High Speed Internet Access / April 2004|
|SuiteSpeed Presents Audio Interview on Proactive Support Services for Wireless HSIA / February 2004|
|SuiteSpeed Announces SuiteScope Proactive Network Monitoring for Hotel Internet Access / February 2004|
|Six Strategies to Maximize Hotel Revenue Through High-speed Internet Access / December 2003|
|Denver Hotel Chain Boosts Occupancy and Drives Incremental Revenue with High Performance Internet in All 700 Guest Rooms / November 2003|
|SuiteSpeed Showcases Wireless Internet Management Gateway at IH/M&RS in NY / November 2003|
|Magnolia Case Study Shows Increase in RevPAR and Occupancy with SuiteSpeed / May 2003|
|Hotels Show Success with SuiteSpeed’s Wireless High-Speed Internet Access / April 2002|