Hotels Save $370,000 in One Hour: 14 Suppliers Bid 135 Times on Energy Contracts for Three NJ Properties
Hotels Save $370,000 in One Hour: 14 Suppliers Bid 135 Times on Energy Contracts for Three NJ Properties
1 PagesCASE STUDY Hotels Save $370,000 in One Hour: 14 Suppliers Bid 135 Times on Energy Contracts for Three NJ Properties Hotel Owners Manage Their Energy Needs with Confidence The Big Picture A recent ENERGY STAR study found that on average US hotels spend $2,196 per available room on energy each year, representing approximately 6% of all operating costs. With energy playing such a prominent role in your profit and loss (P&L) statement, hotel owners and property management firms need solutions that reduce energy costs. A key way to do this is through improved energy procurement. How you buy your energy matters, and who you entrust to help you buy it can mean the difference between saving or losing money. Operating in every deregulated energy market in the US for more tha
