FAQs

  • The benchmarking of utilities data for hotels offers significant advantages. It provides a broad perspective on your property's consumption compared to competitors in the industry. While internal comparisons within your portfolio reveal important trends, benchmarking with external operators delivers more precise and actionable insights. This allows you to identify both highly efficient and less efficient hotels, enabling targeted strategies to improve cost efficiency and operational performance.

    Furthermore, continuous benchmarking helps track progress, keeping you competitive in an industry that increasingly optimizes energy consumption. With benchmarking, you can make data-driven decisions that enhance your sustainability efforts, improve guest appeal, and boost your profit margins.

  • Your data remains private and secure. Utility data is used for benchmarking purposes and is only shared in anonymized and aggregated forms, ensuring that no individual property can be identified from the provided data.

    Information about your hotel—such as location, size, type, etc.—may be used to select suitable comparison groups for benchmarking. However, your specific usage data remains confidential and will never be shared with external parties without your consent.

    For more information, please feel free to contact us or consult your existing contracts.

  • While various benchmarking methods exist (e.g., linear regression or stochastic frontier analysis), we have found that descriptive statistics provide the most accurate insights. This has also been confirmed by scientific studies.

    Descriptive statistics offer a clear and easily understandable method to assess where your hotel stands in comparison. Our reports allow you to track your property's performance and identify opportunities for improvement. This method is particularly effective for smaller comparison groups (CompSets) as it delivers statistically significant insights without requiring large datasets.

  • You have complete control over which hotels your property is compared to. As meaningful comparisons are crucial for actionable insights, we offer you the flexibility to select a CompSet that best suits your goals. We recommend suitable hotels based on factors such as service level, size, location, and other relevant data points to assist in your decision-making. However, the final choice is entirely up to you.

  • Our goal is to provide you with actionable information so that you can make informed decisions about your hotel's energy consumption and sustainability. Using the data from the benchmarking report, you can plan the next steps to operate your hotel more efficiently and sustainably.

    In addition to the report, you will receive a detailed guide that explains the statistical metrics and visualizations. If you require further support, the UPB team is always available to help clarify the findings.

    If needed, we are here to connect you with our partners who are experts in energy consulting and other relevant fields.