SKYX Platforms Corp. (NASDAQ: SKYX), a company specializing in advanced smart home and AI platform technologies, announced it will deploy its technologies during a master renovation of The Grand Hotel du Parc, a historical hotel in La Bourboule, France, which is part of Group OTT. This marks SKYX's first European hotel collaboration and is expected to significantly reduce renovation time and costs while enhancing safety and lifestyle standards.
The Grand Hotel du Parc, formerly known as The Grand Medicis Hotel, currently has 100 rooms and suites, with plans to build 30 additional rooms. The renovation, which is already in process, will cover rooms, suites, bars, restaurants, lobby, ballroom, spa, gym, meeting rooms, and corridors. SKYX is expected to supply thousands of units of its smart plug & play technologies, including ceiling lighting, ceiling fans, recessed lights, down lights, EXIT signs, emergency lights, indoor and outdoor lights, and wall lights.
Group OTT, which has developed more than 250 buildings across Europe over 35 years, valued at over $4 billion, sees this as a strategic partnership. Jean-François Ott, Founder of Group OTT, stated, “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.” For more information about Group OTT, click here.
SKYX’s technologies can reduce up to 90% of the time and cost associated with hotel renovations or new builds. The company is continuing discussions with additional hotel groups and owners regarding the use of its technologies. Rani Kohen, Founder and Executive Chairman of SKYX Platforms, commented, “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.”
The deployment is expected to provide additional opportunities for future recurring revenues through interchangeability, upgrades, AI services, monitoring, and subscriptions. La Bourboule is a leading thermal spa destination centered on health, wellness, and longevity tourism, making the integration of advanced smart technologies particularly relevant for enhancing guest experiences. For more information about SKYX, visit their website at www.skyx.com.
