Smart Spaces: Apartments, Hospitality, and Community Living, April 17-18 in Plano, Texas, addresses benefits of integrated tech solutions in MDU and hospitality markets

Parks Associates’ new research Smart Apartments: Connectivity and Services in MDUs shows that over 10% of apartment renters report receiving bulk internet service and over half of those receiving bulk report paying through a separate amenity fee. The research firm will feature research from this new study at the inaugural in-person conference for Smart Spaces: Apartments, Hospitality, and Community Living, April 17-18 in Plano, Texas, at the Hilton Dallas/Plano Granite Park hotel.

Top players in multifamily, including Mid-America Apartment Communities and Morgan Properties, are embracing smart apartment and smart community solutions both in new construction and for retrofit strategies in existing construction. With the rise of remote work, and growing adoption of smart devices, properties have increasingly turned to internet and Wi-Fi as amenities for residents. A robust property network is now considered a prerequisite when building a smart property.

“Demand for bulk broadband and managed Wi-Fi solutions is growing,” said Kristen Hanich, Director of Research, Parks Associates. “Multifamily properties, including apartment complexes and condominiums, are embracing transformative technologies and connected use cases in order to better meet the needs of residents and to improve their internal operations.”

Parks Associates’ event Smart Spaces: Apartments, Hospitality, and Community Living features a research workshop and two days of conference sessions addressing the strong growth in the rental and hospitality markets. A small segment of those who rent single-family homes also report receiving internet through their property owner or manager, whether this is a corporation or an individual.

“In addition to multifamily apartments, owners and managers for condos and single-family housing communities are increasingly implementing bulk internet and smart amenities,” Hanich said. “Our upcoming event plays a key role in understanding current and future market opportunities and networking with current market leaders and visionaries.”

About Parks Associates

Parks Associates is a global research, consulting, and marketing firm with 40 years of experience delivering proprietary consumer data and industry insights for businesses. The firm produces market research reports, forecasts, surveys, and competitive business intelligence on connected consumer, small business, and commercial technologies and related business solutions. A woman-owned and woman-led company, Parks Associates is a trusted partner and advisor to executives, providing custom research, strategic consulting, and forward-looking analysis across smart home, small business, and commercial markets, including security, broadband, entertainment, energy, multifamily, smart buildings, connected health, and emerging AI-driven technologies.

Parks Associates supports industry growth through proprietary research, consulting, and executive networking and convenes thousands of leaders each year through its flagship conferences, including CONNECTIONS™, Connected Health Summit, Smart Energy Summit, Smart Spaces, and Future of Video. Learn more at https://www.parksassociates.com.

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