The Hospitality Sector
Hospitality in the U.S. is a $163 billion dollar industry with steady growth projections for the future. Electricity costs are 60 percent of an average hotel’s total expenditure, and utility prices are on the rise. Per occupied room, hotels in New England are the second most expensive to operate in the U.S, while energy efficiency measures taken by guests are primarily low. To combat rising costs in this fiercely competitive industry, management must find ways to continue to provide quality lodging options for guests while keeping costs down.
Expertise and Experience in Hospitality
Since 1998, Prism Energy Services has provided cost- and energy-saving solutions for the hospitality industry, for both large and small independent and chained-brand hotels. Prism’s in-house team of experienced engineers, auditors, and technical experts understand the unique mechanical and electrical building systems found in in hospitality facilities, as well as the optimization of their performance.
Cost-Effective Solutions
Prism Energy Services leverages its extensive experience and expertise in the hospitality sector to identify comprehensive energy efficiency solutions. Our goal is to implement the most cost-effective and technically sound solutions, while solving existing equipment and system problems, if they exist. Prism’s engineers produce strategies by which capital replacements are configured to be executed as an energy efficiency upgrade. These can be funded from the operations budget and qualified for utility incentives.
Some of the energy efficiency solutions we routinely identify for the hospitality industry include:
- LED lighting, interior and exterior
- Simple and advanced lighting controls
- High-efficiency HVAC equipment, including fuel switching
- Specialized HVAC controls
- Demand controlled ventilation (DCV)
- Variable frequency drives (VFDs)
- Exhaust hood controls for kitchens
- Energy management systems
- Water conservation measures
- Swimming pool covers
Hotels are open 24/7 and service a high volume of guests with varying needs. Management cannot close reception areas, hallways, dining rooms, conference rooms, lounges, laundry centers, gyms, and restaurants to energy efficiency projects without affecting the guests’ experience. We understand the importance of installing energy efficiency measures with little to no disruption to the guest experience. To do this, we communicate and coordinate closely with management to implement a customized project schedule, including milestones and deadlines. Our goal is to maintain a positive guest experience by establishing a safe, comfortable, and attractive environment from start to finish.
Financial Analysis
Prism Energy Services understands the importance of justifying the investment cost of energy efficiency upgrades. We help make the decision easy by outlining the following in a customized proposal:
- Executive summary
- Project cost
- Utility incentive
- Energy savings
- Cost savings
- Out-of-pocket cost
- Payback and ROI
- Tax benefits
- Detailed written scope and cost breakdown
Our Projects
Prism has a proven track record of evaluating, designing, and implementing energy efficiency measures for the hospitality industry. Over the years, Prism has saved hotels millions of dollars in energy costs by installing more energy efficient lighting and mechanical equipment. Some of Prism’s satisfied customers include:
- Wyndham Hotels
- Global Vision Hotels
- Best Western Hotels
- Howard Johnson Hotels
- Hotel Northampton
- Quality Inn & Suites
- Days Inn
- Hampton Inn
- Econo Lodge
- Super 8 Motel
- Travel Inn