SKYX Platforms Corp. has entered into an agreement with European developer OTT Heritage Hospitality to deploy and market its smart home and building technologies across the European hospitality market. The partnership targets a market of over 132,000 hotels and aims to deploy hundreds of thousands of units during the agreement’s term.
OTT Heritage Hospitality will provide access to its platform and network, facilitating the adoption of SKYX technologies across hotel, building, and development opportunities throughout Europe. The developer expects to leverage significant time and cost efficiencies of up to 90% provided by SKYX’s technologies for both renovations and new construction projects.
‘As a long-time developer of hotel and real estate projects, I see a tremendous opportunity in marketing and facilitating the penetration of SKYX’s highly disruptive technologies into hotels and real estate projects across Europe,’ said Jean-François Ott, Founder of OTT Heritage Hospitality. The company’s website, www.ottheritagehospitality.com, provides additional information about their operations.
Rani Kohen, Founder and Executive Chairman of SKYX Platforms, stated that this partnership represents a significant step in the company’s global expansion strategy. ‘We look forward to partnering with such an established European hotel and real estate developer,’ Kohen said. More details about SKYX can be found at https://www.skyx.com/.
The European hospitality market presents substantial growth opportunities, with 124,000 hotel rooms projected to open in 2026 and over 250,000 additional rooms in the development pipeline industry-wide. SKYX’s technologies are expected to offer long-term recurring revenue opportunities through monitoring, subscriptions, and AI services, in addition to product upgrades and platform-wide integrations.
This agreement follows SKYX’s ongoing mission to make homes and buildings become advanced, safe, and smart as a new standard. The company holds over 100 U.S. and global pending and issued patents and maintains a portfolio of 60 lighting and home décor websites. The partnership with OTT Heritage Hospitality represents a strategic move to penetrate the massive European market while capitalizing on the region’s expanding hospitality infrastructure.
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