May 19, 2016 - 7:00 AM EDT
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MACH Energy Survey Reveals Broad Opportunity to Reduce Costs, Increase Profits and Expand Sustainability for Hotel and Lodging Industry

Reducing expenses, increasing asset value most important drivers of energy and water management improvements

OAKLAND, Calif., May 19, 2016 /PRNewswire/ -- MACH Energy, a leading provider of energy and water management software services and solutions, revealed today the results of one of the largest national surveys to date of hotel and lodging professionals on energy and water management efforts. The poll reached out to over 5000 industry professionals, and the responses exposed significant opportunities to expand energy and water efficiency awareness as well as adoption of energy and water management best practices. Meanwhile hotel and lodging professionals seek to improve overall guest experience and the bottom line.

Of primary concern to MACH Energy in conducting the survey was to specifically gauge the operational depth and diversity of methods used by hotel teams in running their properties efficiently. Companies surveyed represented a full asset range, including luxury, casino, historical, boutique, economy, and extended stay properties. While 61% of respondents reported their hotels ran a sustainability program, the success of these programs remained unclear – 42% of those with programs did not know if their program was achieving savings, 29% of respondents did not have a program, and another 7% were unaware if a program existed.

"Despite many hotels proclaiming sustainability initiatives, there is an incredible opportunity to expand the adoption of affordable energy and water management solutions," said Wei-En Tan, Ph.D., Vice President of Research at MACH Energy. "Deployment of energy and water management systems, in particular, would provide immediate bottom-line improvements to teams looking to decrease operations costs, and improve their standing with guests, which will enhance revenue per available room (RevPAR)."

Among respondents who had implemented energy and water efficiency and sustainability measures, 80% listed cost reduction as their primary motivator, followed by interests or requirements of guests (39%) and ENERGY STAR scores or LEED requirements (30%). Little variation was seen by job title, with C-level executives, hotel owners, asset managers, general managers, regional directors, operations managers, engineering managers and sustainability directors universally stressing the importance of cost savings in describing energy priorities.

Additional survey takeaways include:

  • 70% of respondents rely on operational improvements to reduce energy and water expenses, while 47% opt for capital-intensive projects such as occupancy sensors
  • While 92% of respondents knew the general sizes of their common areas, 30% did not know the utility costs tied to the common areas, showing areas for improvement in reducing usage
  • Only 30% of respondents reported using an Energy Management System to reduce energy and water costs

For survey participants who reported using an EMS to improve operational efficiency, 79% said reduced costs were their favorite feature, followed by real time monitoring capabilities (55%) and ease in tracking variance and budgets (45%).

"The hotel and lodging industry has made incredible strides to address sustainability concerns and to take advantage of the associated cost and time savings and improved guest experience," said Jon Moeller, CEO of MACH Energy. "Our team has worked hand-in-hand with some of the most progressive building teams to integrate energy management programs and make their job easier, and we look forward to bringing low-cost, high-impact EMS solutions to the rest of the industry as it embraces the value creation in energy and water management."

To download the complete report, please visit: http://contact.machenergy.com/industryreport/

About MACH

MACH Energy is a leading provider of CRETech energy and water management solutions for commercial real estate property managers, operators, engineers, and owners. With some of the nation's most iconic buildings under management, MACH counts hundreds of commercial, REIT, hotel and corporate building owners as customers encompassing hundreds of millions of square feet of properties across the country.

Media Contact
MissionCTRL for MACH Energy
[email protected]

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/mach-energy-survey-reveals-broad-opportunity-to-reduce-costs-increase-profits-and-expand-sustainability-for-hotel-and-lodging-industry-300271318.html

SOURCE MACH Energy


Source: PR Newswire (May 19, 2016 - 7:00 AM EDT)

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