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millions in aid to hospitality

Cloud5 Communication Making $100 Million Available to The Hospitality Industry

 Cloud5 Communications, a leading company for Managed IT Services and Communication solutions to over 5,000 hotels, MDU’s (Multi-Dwelling Units), and commercial facilities across America, has announced today to arrange funds to assist the hard-hit hospitality industry is recovering from the unprecedented travel and tourism slowdowns caused by Covid-19.

As a result of this pioneering new programme, hoteliers will be able to install new HSIA (High-Speed Internet Access) networks and telephony systems or upgrade their existing communications technology without having to worry about upfront payments or the burden of attempting to secure financing, allowing hotel owners and managers to save money and invest into other critical projects.  

Cloud5 TaaS (Testing -as-a-Service) will considerably grow during the fourth quarter of 2021 and into 2022 to incorporate new services and flexible alternatives. Because of the continued financial effect of Covid-19 on the hotel industry, the business has hastened the development of this essential service.

Mark Holzberg, President and CEO of Cloud5 commented “I couldn’t be more excited to announce that we’ve fast-tracked the Cloud5 TaaS offering to make it available to hoteliers now”.

“There’s never been a more critical time to help the hospitality industry and we are privileged to be able to do so in a way that preserves constrained financial resources, while still allowing for property innovations that will improve the guest experience”.