HospitalityNet – IoT’s impact on RevPAR

IoT’s impact on RevPAR

By Dan Levine, CEO, Cytexone

 

The hospitality market is as competitive as ever, as a stronger economy means that heady consumers and business travelers are looking for the greatest experience at hotels and resorts. These guests want excitement and customized amenities driven by reliable technology to go along with a comfortable bed to sleep in at night.

Press Release: CytexOne Leverages Control4 Solutions to Bring the Benefits of IoT and Smart Home Technologies to Hotels and Smart Buildings

NEW YORK—Dec 9 2015 — The smart buildings market featuring the Internet of Things (IoT) is predicted to reach $181B in 2020,* driven by installations of automated lighting, fire detection, physical security, and HVAC systems. To make the vision a reality, CytexOne, creators of intelligent, connected environments is partnering with Control4 Corporation (NASDAQ:CTRL), a leading global provider of smart home solutions, to deliver smart hotels and smart buildings of the future in the New York Region.