The Wall Street Journal ran an article today about Starwood's rollout of virtual hotel room keys that are stored in smart phone apps. With this application, you'll be able to zip past the front desk, avoid the lines and open you hotel room door with the flick of a wrist using your phone.

You should expect that the virtual key will become a staple for all major brand hotels in the not too distant future. However, one can't help but suspect that the new key app technology will emerge across a wide range of uses across all forms of real estate, from the home to the apartment—and all sorts of public facilities.

Working with a client in their office for a couple of days? No problem, your host will ping you and presto, you have unfettered access to the firm's locked offices, public bathrooms and the like.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.