EFFICIENCY OPPORTUNITY IN HOTELS TO DOUBLE BY 2020

Energy Management in the Hospitality Industry; Hardware, Software, and Services for Energy Management Systems for Hotel Guest Rooms and Common Areas: Global Market Analysis and Forecasts

1Q 2014 (Navigant Research)

“…The real vendor opportunity and associated market growth for hotel guest room energy management systems (GR-EMSs) lies in…networked systems with data aggregation, analysis, and reporting…via a software-as-a-service (SaaS)-based service and consulting offering, as well as through follow-on operational services such as property-wide monitoring and remote energy management. Vendors will increasingly be taking a holistic view of a hotel’s entire energy ecosystem: energy acquisition and supply management, energy usage, efficiency tuning, comparative benchmarking and trends analysis, system improvement recommendations, periodic recommissioning, and so on. Navigant Research forecasts that the global market for GR-EMSs and enterprise-level energy management software in the hospitality sector will reach $967.9 million in 2020, up from $445.5 million in 2012…” click here for more

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