We discuss the transfer of technology from the hospitality industry to multifamily properties. Key points include the adoption of bulk Wi-Fi solutions, smart room technology, and virtual management features from hospitality to enhance resident satisfaction and revenue generation in multifamily spaces. Additionally, shared spaces, co-working spaces, markets, and co-living spaces are becoming popular amenities in both sectors to promote community engagement, convenience, and wellness. The integration of cutting-edge fitness equipment with apps for personalized workouts, group activities, and wellness programs is also emphasized as a trend in multifamily properties. The conversation highlights the potential for multifamily properties to offer flexible, fully-furnished living spaces with shared facilities to cater to the needs of young professionals and travelers, akin to the services provided by hotels.

Builder Innovator

Builder Innovator

Helping builders get innovation done right!

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