ARESCOM Appoints Donald J. Landry to Board of Directors

ARESCOM, a leading provider of wireless High Speed Internet Access (HSIA) and video on demand solutions, has appointed Donald J. Landry to its Board of Directors. Landry, a hospitality industry consultant and former president of Choice Hotels International, brings extensive experience in the sector and will help guide ARESCOM's growth strategy.

Key Takeaways:

• ARESCOM has installed its 25,000th guestroom with wireless HSIA and has agreements to install its solutions at hundreds of other hotels.
• Landry joins the ARESCOM Board of Directors, bringing 35 years of experience in the hospitality industry, including stints as president of two large US management companies.
• ARESCOM offers a bundled broadband solutions package with HSIA and VoD in-room amenities delivered at zero cost to the hotelier.
• Landry cites the "Catch-22" faced by mid-market hotels, which cannot afford HSIA equipment but also cannot afford to go without it in a competitive market.
• ARESCOM's revenue-share model solves this paradox, providing hotels with a cost-effective solution and adding VoD to the broadband package.
• Landry notes that hotels without HSIA will lose precious market-share as business and leisure travelers demand the same broadband connections they have in their homes and workplaces.

Statistics:

• 49.5 million Americans use a broadband connection to go online (Nielsen/NetRatings report).
• The number of Americans accessing the Internet via broadband is doubling every two years.
• ARESCOM has agreements in place to install its solutions at hundreds of hotels.
• ARESCOM aims to deploy its solutions in 1,000 hotels across the nation by the close of 2005.

Sources:

• PRNewswire (January 23)
• ARESCOM press release