SKYX Technologies to Deploy Smart Systems in First European Hotel Renovation

SKYX Platforms Corp. will supply thousands of advanced smart plug-and-play technologies for the master renovation of The Grand Hotel du Parc in France, marking its first European hotel deployment and opening recurring revenue streams.

Phoenix Metrowire Staff
Real Estate
SKYX Technologies to Deploy Smart Systems in First European Hotel Renovation

SKYX Platforms Corp. (NASDAQ: SKYX), a developer of advanced smart home and AI platform technologies, announced it will deploy its smart systems during a master renovation of The Grand Hotel du Parc, a historical hotel in La Bourboule, France, part of Group OTT. The renovation, currently underway, will cover rooms, suites, bars, restaurants, lobby, ballroom, spa, gym, meeting rooms, and corridors, with SKYX expected to supply thousands of units of its ceiling lighting, ceiling fans, recessed lights, down lights, EXIT signs, emergency lights, indoor and outdoor lights, and wall lights.

The Grand Hotel du Parc, formerly The Grand Medicis Hotel, is a designated historic property in the heart of La Bourboule, a leading thermal spa destination focused on health, wellness, and longevity tourism. The hotel currently has 100 rooms and suites and is expected to add 30 more during the three-phase renovation and new build. SKYX’s technologies are designed to reduce up to 90% of the time and cost of hotel renovations or new builds, according to the company.

Jean-François Ott, Founder of Group OTT, said, 'I am very excited to make the first introduction of SKYX’s game-changing technologies for hotels and buildings during the grand opening of The Grand Hotel du Parc. We expect to deploy SKYX’s technologies in additional hotels of our group in the near future. By integrating SKYX’s technologies into these properties, we will cut significant time and cost while advancing the lifestyle and safety standards of our hotels and buildings.'

Rani Kohen, Founder and Executive Chairman of SKYX Platforms, added, 'We are excited to deploy our technologies in our first European hotel collaboration in the historical hotel The Grand Hotel du Parc in La Bourboule, France. We look forward to continuing to grow our hotel segment in both the U.S. and Europe, based on our advanced technologies and including the significant time and cost saving during hotel renovations and new builds.'

This deployment is expected to provide additional opportunities for future recurring revenues through interchangeability, upgrades, AI services, monitoring, and subscriptions. SKYX is continuing discussions with additional hotel groups and owners regarding utilization of its smart technologies. For more information about Group OTT, visit Group OTT. For more about SKYX, see SKYX Platforms.

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