Hospitality

Recently, the Hospitality industry has faced many challenges, including a global recession, a credit crisis, natural disasters, pandemics, and terrorist attacks. But now, for the first time in more than a year, STR reports show an increase in occupancy and revPAR. However, average daily rates continue to slide slightly as hoteliers struggle to keep rate structures intact. But with positive signs bubbling, we feel confident global room supply will continue to grow. Occupancy always recovers much faster than room rates, and soon average daily rates will catch up.

As you look for ways to save, but also grow, Faith Technologies working in partnership with Avaya hospitality communications solutions can help you use communications to enable your business strategies: