190 likes | 347 Views
Benchmarking Your Property's Eco-system Jeff Slye Chief Evolution Officer. Agenda. Benchmarking Benefits Eco System Examples Conclusions. Why Benchmark. It is a business imperative Understand building performance Effectively direct personnel resources
E N D
Benchmarking Your Property's Eco-systemJeff SlyeChief Evolution Officer
Agenda Benchmarking Benefits Eco System Examples Conclusions
Why Benchmark • It is a business imperative • Understand building performance • Effectively direct personnel resources • Useful in single properties or portfolios • Provides direction/motivation • You can’t manage what you can’t measure
Property Eco System The US hotel industry… • Utilizes over 600M gallons of water/day (219B/year) • Spends over $10M on electricity/day ($3.6B/year) • Generates over 5.4M pounds waste/day (1.9B/year) …and there is paper, newspapers, guest amenities, landscaping, food and beverage, etc. DO YOU UNDERSTAND YOUR ECO SYSTEM IMPACT?
Benchmark Benefits • Savings from improved hotel performance • Maximize personnel resources – make the ‘right decisions’ • Motivator – property mission and rally call • Address stakeholder pressures (AAA, Corporate RFPs, Eco Groups, etc.) • Marketing and Communication
Examples There is value in benchmarking anything that can be measured.
Benefit • 2009 Average lbs/occupied room: 12.9 – Benchmark set at 13 • 2008 Average lbs/occupied room: 15.2 • Savings: 2.3 lbs/occupied room Savings
Recycling (280 room Chicago Hotel) Benchmark: 42%
Benefit Over $2,700 saved in Q4 2008 on reduced waste and hauling costs. Estimated total 2009 savings: > $10,900
Jeff SlyeChief Evolution Officer Jeff.slye@businessevolutionconsulting.com