ExpansionMay 5, 2026, 09:39 AM
SKYX to deploy smart tech in Grand Hotel du Parc renovation in France
AI Summary
SKYX Platforms Corp. announced it will deploy its advanced smart technologies in the master renovation of The Grand Hotel du Parc in La Bourboule, France. This historical hotel, currently with 100 rooms, will add 30 more and undergo extensive upgrades using SKYX's plug & play solutions. The collaboration with Group OTT, a developer of over 250 European buildings, is expected to lead to further deployments, leveraging SKYX's ability to reduce renovation time and cost by up to 90% and generate future recurring revenues.
Key Highlights
- SKYX to deploy smart technologies in the master renovation of The Grand Hotel du Parc in France.
- The historical hotel, currently with 100 rooms, will add 30 additional rooms.
- SKYX will supply thousands of smart plug & play units for various hotel areas.
- The collaboration is with Group OTT, a developer of over 250 buildings in Europe.
- Group OTT expects to deploy SKYX's technologies in additional hotels.
- SKYX's technologies can reduce hotel renovation time and cost by up to 90%.
- The technologies provide opportunities for future recurring revenues through upgrades and subscriptions.
Price Impact
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