There’s been a sort of tug-of-war with property owners feeling at cross purposes with their tenants. Properties need to manage ever-growing energy costs. Guests and residents want to be comfortable. Compounding the challenge, property staff are frequently incentivized...
In the hotel industry, energy consumption extends far beyond just keeping the lights on. It’s not only at the heart of every amenity and guest service that a hotel has to offer, it also impacts a range of hotel KPIs — from GOPPAR to RevPar to CPOR, and more. Indeed,...
Rising global temperatures and sea-levels, unprecedented flooding around the globe, massive plastic garbage patches floating in the oceans, and historical crop failures: 2023 has made it evidently clear that we have to find new ways of doing business and living our...
As the hotel industry continues to recover and adapt to new market conditions the wake of the pandemic, it’s more important than ever that hotels closely monitor their KPIs to ensure their continued growth and success. Specifically, new technologies have given...
In a free market, the laws of supply and demand are what governs how we do business. Barring external interference (such as government regulation or unprecedented historical events such as the pandemic), any change on either the supply or demand side of the market...
In business, when we talk about ‘keeping the lights on’, we usually mean it as a metaphor for maintaining the minimum systems and infrastructure required to keep a business operational. At the end of the day, though, part of ‘keeping the lights...
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