Robert Mandelbaum and Joe Snider
Robert Mandelbaum is research director for CBRE Hotels Research. Joe Snider, NCARB | WELL AP | LEED Fellow is senior manager, corporate responsibility & environment, Americas for IHG Hotels & Resorts.
Controlling Utility Costs: Volatile Market Conditions Call for a Focus on Contracts and Energy...
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...
