Benchmarking 101: The Bottom Line on Utility CostsNovember 3, 2020
Utilities can have a massive impact on a hotel's profit. And even before the global pandemic tore through the hotel industry, those sneaky costs were growing rapidly. According to Energy Star, energy is the lodging industry's single fastest-growing operating cost. This means that many hoteliers are unwittingly flushing a growing amount of cash down the drain.