Over 90% of Hotels Lack Smart Energy Controls, Missing Out on Billions in Potential Savings on Energy Costs
🛠 Over the Fourth of July weekend, Northern Virginia's electricity prices surged past $2,000 per megawatt-hour, compared to the typical $40. With over 5.7 million U.S. hotel rooms, annual energy costs exceed $3,000 per room. Less than 10% of hotels use smart thermostats, controlling over one-third of energy spend on guestroom HVAC. This inefficiency leads to billions in wasted energy. Most hotels still rely on outdated schedules, missing dynamic management opportunities to reduce costs and improve efficiency.
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