Nearly 40% of MDU residents find smart home devices appealing

Parks Associates today announced the topics and call for papers for the second annual Smart Spaces: Apartments, Hospitality, and Community Living, with the conference taking place September 24-25, 2024, at the Renaissance Dallas Richardson Hotel in Richardson, Texas. The conference also features virtual sessions on March 21, July 23, and December 12.

Parks Associates’ MDU research finds property-provided smart homes devices could serve as a differentiator among nearly 40% of MDU residents when looking for their next residence. The level of interest in these solutions is higher in key segments, including families with children under the age of 18, remote workers, and professional security service subscribers.

Smart Spaces, sponsored by ADT Multifamily, Cox Communities, Nice, Vantiva, Calix, Homebase, Kwikset, and Dojo Networks, caters to building executives and hardware, middleware, and software providers enabling the next generation of consumer and property manager experiences in the multi-dwelling and hospitality environments. 

“Connected technologies and innovative solutions are reshaping apartments, hospitality, and community living environments to deliver enhanced experiences for residents and improved operations for owners and property managers,” said Elizabeth Parks, President and CMO, Parks Associates. “Smart Spaces delivers data-based insights on this growing area, highlighting multiple new business and revenue opportunities for builders, service providers, tech companies, and insurers.”

Parks Associates has opened the call for papers for all 2024 sessions, featuring the following session topics:

Virtual sessions:

  • PropTech Revenue and ROI – March 21
  • Smart Living: Attracting and Retaining Residents – July 23
  • Smart Spaces: Access Control and Security in Multifamily – December 12

In-person sessions: 

  • Building a Connected Community: Seamless Connectivity Solutions
  • Elevating Resident Experience: Personalization and Convenience
  • Leveraging Data & Analytics to Optimize Operations
  • Navigating Changing Regulations
  • Accelerating Growth in Smart Spaces
  • Unlocking the Potential of Access Control in Multifamily
  • Energy Transformation: Cost, Amenities, and ESG
  • What Works? Understanding Solution Value, ROI, and NOI
  • Designing for Smart Spaces: Architecture and Infrastructure
  • The Golden Years: Technology in Senior Communities
  • Mitigating Risks and Enhancing Coverage for Smart Spaces
  • Women in Tech: Transforming the Hospitality Guest Experience

Parks Associates will feature its latest consumer and industry insights at Smart Spaces events throughout the year, featuring data from its ongoing quarterly surveys of 8,000 internet households. To request data or an interview, please contact Mindi Sue Sternblitz-Rubenstein at mindi.sue@parksassociates.com, 972-490-1113.

About Smart Spaces

Smart Spaces, hosted by Parks Associates, brings together property owners, operators, and technology leaders to explore connected solutions for multifamily and hospitality environments. The event is grounded in Parks Associates’ research on broadband, managed Wi-Fi, smart home, and IoT technologies, providing insight into how integrated platforms and connectivity improve operations, reduce costs, and enhance resident experiences. These insights help industry stakeholders identify new revenue opportunities and implement more efficient, data-driven property strategies.

Parks Associates hosts Smart Spaces 2026 on September 15-16 at the Hilton Dallas/Plano Granite Park in Plano, Texas. www.smartspacesconference.com