A thermostat is in its core a feedback loop. However, modern thermostats have complexities that determine when to initiate control, what is the desired temperature state, and other rules that govern the system from occupancy, user preferences, and even ecological-efficiency rules.
The relationship of said elements govern the outcome of the desired state in a feedback model. Often, it could be a multi-level feedback loop where an element of the feedback loop function is part of an overall larger feedback loop. Or it could be an override where alternative feedback loops could be engaged.
What goes onto the UI of a modern thermostat can be traced back into what the thermostat needs to connect and its functions.
An example system where the thermostat has the ability to sense presence of individual users within each room and daily temperature preference by the hour.