Parks Associates Says 60% of Bulk Internet Communities Offer Property-Wide Wi-Fi
Updated
Updated · PR Newswire · Jul 30
Parks Associates Says 60% of Bulk Internet Communities Offer Property-Wide Wi-Fi
2 articles · Updated · PR Newswire · Jul 30
Summary
Nearly 60% of multifamily communities with bulk internet service also provide property-wide Wi-Fi, Parks Associates said in new research ahead of its Sept. 15-16 Smart Spaces conference in Plano, Texas.
31% of multifamily residents said their apartment or condominium community offers property-wide Wi-Fi, up from 30% in Q2 2024, with availability highest in larger communities and mid-rise buildings.
Parks Associates said owners are pairing the services as managed connectivity becomes core infrastructure for resident satisfaction, smart-building systems, operational efficiency and new digital services.
Smart Spaces will bring together executives from multifamily housing, broadband, security and proptech to discuss connected-property strategies and related revenue opportunities.
With apartments shifting to property-wide Wi-Fi, are residents unknowingly sacrificing their digital privacy for cheaper, move-in-ready internet access?
Are property owners using bulk internet deals to quietly monopolize connectivity and maximize profits at the expense of resident choice?
If a building's centralized internet fails, could a single network outage trap residents by disabling smart locks and access controls?