Gaining Control of Utility Costs : 4Hoteliers 4hoteliers.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from 4hoteliers.com Daily Mail and Mail on Sunday newspapers.
Over the past four years, utility costs at U.S. hotels have increased at a pace greater than total operating revenue. As a result, utility department expenses increased from 2.9 percent of total revenue in 2019 to an estimated 3.3 percent in 2023. As hotels have struggled to recover from the pandemic, any rise in cost ratios is an area of concern for owners and operators.
Article - Gaining Control of U.S. Hotel Utility Costs - By Robert Mandelbaum and Joe Snider - Over the past four years, utility costs at U.S. hotels have increased at a pace greater than total operating revenue. As a result, utility department expenses increased from 2.9 percent of total revenue in 2019 to an estimated 3.3 percent in 2023. As hotels have
The city of Pittsfield and ener-G-save have been selected to jointly participate in the 2022-2024 Community First Partnership offered by the sponsors of Mass Save. Pittsfield is one of 30