SKYX Platforms Corp. (NASDAQ: SKYX), a smart home and AI platform technology company, announced it will deploy its advanced smart technologies during a master renovation of the historic Grand Hotel du Parc in La Bourboule, France, part of Group OTT. This marks SKYX's first European hotel collaboration, with the renovation already underway and expected to include rooms, suites, bars, restaurants, lobby, ballroom, spa, gym, meeting rooms, and corridors.
The hotel, formerly known as The Grand Medicis Hotel, currently has 100 rooms and suites and plans to add 30 more. SKYX will supply thousands of units of its smart plug-and-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 renovation time and cost by up to 90%, according to the company.
Jean-François Ott, Founder of Group OTT, expressed enthusiasm about integrating SKYX's technologies into the hotel. "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," Ott said. The collaboration is expected to extend to additional hotels within the group.
Rani Kohen, Founder and Executive Chairman of SKYX Platforms, noted the strategic importance of this deployment. "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," Kohen said. The company sees this as an opportunity to generate future recurring revenues through interchangeability, upgrades, AI services, monitoring, and subscriptions.
The Grand Hotel du Parc is located in La Bourboule, a leading thermal spa destination focused on health, wellness, and longevity tourism. The hotel follows an integrated approach combining hospitality, residential offerings, food and beverage, and immersive experiences. Group OTT has developed over 250 buildings across Europe, including hotels, residential, and commercial projects valued at over $4 billion. More information about Group OTT is available at https://www.groupott.com/.
SKYX holds over 100 U.S. and global patents and pending applications, and owns 60 lighting and home decor websites. The company's mission is to make homes and buildings safe, advanced, and smart as the new standard. For more details, visit https://www.skyx.com/.
