str market mapBuildings need secure, convenient access control across hotels, offices, residential, and commercial spaces, creating demand for hardware and software that manages who can enter and when.
Assa Abloy is a Swedish multinational that manufactures and sells locks, doors, access control systems, and related security products. Its hospitality division includes VingCard hotel locks, the Elsafe in-room safe range, and related property access solutions used by hotels worldwide.
Assa Abloy sells through direct enterprise contracts and a global network of distributors and system integrators. Its products span mechanical locks, electromechanical access readers, mobile access credentials, and cloud-based access management platforms that integrate with hotel PMS systems.
Hotels, resorts, commercial real estate operators, healthcare facilities, residential developers, and any organisation that needs managed physical access across buildings or campuses.
Assa Abloy acquired the smart lock hardware business of Level Home Inc. in the United States, with Level continuing as a separate brand and subsidiary. Level's multifamily software platform was not part of the deal and was separated into a new company, Ambient Property Technologies. Terms were not disclosed.
Event date: 2024-09-10 · Summary published: 2026-08-20 · Source: Assa Abloy (original report)
Listed on STR Market Map, the short-term-rental software marketplace.