How IoT is Reinventing Senior Living Communities
The Internet of Things (IoT) has made it an exciting time to be alive. From from the homes and cities we live in, to the hotels we stay in while travelling, IoT offers us more comfort, more convenience, and more efficiency throughout our daily lives and routines. And...
Are Nest And Other Residential Smart Thermostats Right For Your Property?
Over a year ago, one of our first blog posts addressed the differences between occupancy-based smart thermostats and programmable thermostats in commercial spaces. Sometimes though, we get inquiries from property managers asking us how our energy management...
Verdant approved as Hilton Connected Room Compatible
Today we’re excited to announce that Verdant’s energy management thermostat has been certified by Hilton as one of the first compatible thermostats for the Hilton Connected Room Initiative. What is Hilton Connected Room? Imagine a guest experience where you can login...
Are REITs a Good Investment in 2018?
In the climate of the current bull market, stock performance gets most of the attention; but that doesn’t mean there still aren’t other investment opportunities that are poised to generate a generous return. Indeed, any well balanced portfolio is a somewhat...
Buying a Hotel: Financial Checklist
When it comes to purchasing a hotel, there are some unique twists to financing its acquisition that every borrower should understand before making an offer or signing a term sheet. For starters, whereas some larger REITs will buy for all cash and then find favorable...
4 Challenges Facing the Hotel Industry
It’s an exciting time to be in the hospitality business. Indeed, new technologies have given rise to a number of trends that are transforming the industry. But with new opportunities comes new challenges, and there are 4 prominent challenges that hotels must overcome...
Hospitality Industry Trends for 2020
Smart tech is changing everything from the homes we live in to how our cities are managed, and the hospitality industry is no exception. In fact, in many ways, the hospitality industry is leading the charge in the adoption of smart business technology. ...
How Energy Consumption Impacts GOPPAR
When it comes to the hotel industry, there is no shortage of KPIs. Indeed, when evaluating the performance of their properties, hotel owners can look at everything from operational KPIs to financial KPIs to guest experience. But there is one hotel KPI that really...
12 Essential KPIs for the Hospitality Industry
As new technologies give the hospitality industry new ways to measure and optimize its performance, it’s more important than ever that hotels closely monitor their KPIs, and use that intelligence to optimize their operations and increase profitability. On the one...
How Verdant Hotel Thermostats Increase the Resale Value of Your Hotel
By now, you may be familiar with how Verdant’s energy management system can reduce electricity costs at a hotel property by up to 20%, improving the bottom line for franchisees and large Real-Estate Investment Trusts (REIT). This post will take a deeper dive into how...
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