Smart tech is changing everything from the homes we live in to how our cities are managed, and the hospitality industry is no exception. In fact, in many ways, the hospitality industry is leading the charge in the adoption of smart business technology. Credit: phife...
When it comes to the hotel industry, there is no shortage of KPIs. Indeed, when evaluating the performance of their properties, hotel owners can look at everything from operational KPIs to financial KPIs to guest experience. But there is one hotel KPI that really...
As new technologies give the hospitality industry new ways to measure and optimize its performance, it’s more important than ever that hotels closely monitor their KPIs, and use that intelligence to optimize their operations and increase profitability. On the...
By now, you may be familiar with how Verdant’s energy management system can reduce electricity costs at a hotel property by up to 20%, improving the bottom line for franchisees and large Real-Estate Investment Trusts (REIT). This post will take a deeper dive...
It’s an exciting time to be both alive and in business. While some technologies are disrupting certain businesses, others are bringing new (sometimes unimaginable) efficiencies and cost savings to them, and others still are creating entirely new industries...
Although it may seem counterintuitive, many electric utility companies offer significant financial incentives to install energy efficient equipment that saves energy and money for the end customer. But if that takes money away from the utility company, why even...
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