SKYX Platforms Corp. (NASDAQ: SKYX), a developer of advanced smart home and AI platform technologies, announced it will deploy its smart technologies during a master renovation of The Grand Hotel du Parc, a historical hotel in La Bourboule, France, part of Group OTT. This marks SKYX's first European hotel collaboration, expanding its footprint beyond the U.S.
The hotel, 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 renovation, currently in process, will cover rooms, suites, bars, restaurants, lobby, ballroom, spa, gym, meeting rooms, corridors, and other areas. The property currently has 100 rooms and suites, with plans to add 30 more.
During the three-phase renovation and new build, SKYX is expected to supply thousands of units of its advanced smart plug & play technologies, including ceiling lighting, ceiling fans, recessed lights, down lights, EXIT signs, emergency lights, indoor and outdoor lights, and wall lights. These technologies are designed to reduce up to 90% of the time and cost typically associated with hotel renovations or new builds, according to the company.
Jean-François Ott, Founder of Group OTT, expressed enthusiasm about integrating SKYX's technologies, stating, “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.” Group OTT has developed over 250 buildings throughout Europe, including hotels, residential, and commercial projects valued at over $4 billion.
Rani Kohen, Founder and Executive Chairman of SKYX Platforms, noted, “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.” He added that the company looks forward to growing its hotel segment in both the U.S. and Europe.
The deployment provides SKYX with additional opportunities for future recurring revenues through interchangeability, upgrades, AI services, monitoring, and subscriptions. SKYX holds over 100 U.S. and global patents and patent pending applications, and owns 60 lighting and home decor websites.
The announcement underscores the growing trend of integrating smart technologies into historical properties to enhance efficiency and guest experience. For more information about Group OTT, visit https://www.groupott.com/. For details on SKYX, see https://www.skyx.com/.
