Conservice > Case Studies > Increasing Asset Value Through One Streamlined Platform

Increasing Asset Value Through One Streamlined Platform

Customer Company Size

Large Corporate

Region

America

Country

United States
Canada

Product

Goby’s cloud-based platform

Tech Stack

Cloud Computing
Data Management

Implementation Scale

Enterprise-wide Deployment

Impact Metrics

Cost Savings
Productivity Improvements
Environmental Impact Reduction

Technology Category

Platform as a Service (PaaS) - Data Management Platforms
Infrastructure as a Service (IaaS) - Cloud Computing

Applicable Functions

Facility Management
Procurement

Use Cases

Energy Management System
Supply Chain Visibility

Services

Cloud Planning, Design & Implementation Services
Data Science Services

About The Customer

Loews Hotels & Resorts is a luxury hospitality company that owns and/or operates 26 hotels in major cities and resort destinations throughout the United States and Canada. Loews Hotels & Resorts engages in and supports a wide range of energy and resource saving policies. The company works with ENERGY STAR and other sustainability initiatives to implement its policies aimed at reducing environmental impact. Loews Hotels plans to expand their geographic reach dramatically in the coming years as part of their portfolio development strategy.

The Challenge

Before engaging with Goby, Loews utilized multiple tools that have not provided the accountability and accuracy expected. A cumbersome and time-consuming manual data entry process led to missed opportunities for certifications and benchmarking ordinances, delayed payments and penalties, and overlooked energy procurement opportunities. Loews Hotels plans to expand their geographic reach dramatically in the coming years as part of their portfolio development strategy. This rapid expansion and commitment to the environment is why Loews Hotels relies on Goby for turnkey Data management & sustainability solutions.

The Solution

Goby’s exceptional team of energy engineers, partners, and sustainability experts partnered with Loews Hotels to implement best practice methodologies and regional energy competition across their entire portfolio of hotels and resorts, and also to bid and negotiate energy contracts in deregulated markets. With Goby, the industry’s leading smart building optimization platform, streamlined utility bill management was enabled, resulting in a decrease in utility bill penalty fees and an increase in gas and electric cost savings. Through automated integrations and established relationships with utility providers, Goby’s energy procurement team was able to secure the best possible supplier rates. With the ability to access data at any time, from anywhere, Loews Hotels can now generate reports and assess progress against their building goals and industry standards. Goby’s dedicated team of data and energy experts provided data tracking and analysis to give Loews Hotels a macro and micro level view of how their buildings are operating. Tracking and validating data is now simply managed all on one smart platform.

Operational Impact

Streamlined utility bill management resulting in a decrease in utility bill penalty fees and an increase in gas and electric cost savings.
Ability to access data at any time, from anywhere, allowing Loews Hotels to generate reports and assess progress against their building goals and industry standards.
Goby’s dedicated team of data and energy experts provided data tracking and analysis to give Loews Hotels a macro and micro level view of how their buildings are operating.
Tracking and validating data is now simply managed all on one smart platform.

Quantitative Benefit

Significant savings in excess of $2.4 MM compared to budget while managing over 200,000 more guests and fluctuating weather patterns.
Utility Bill Process improvements will save approximately $27,000 in penalty fees in 2016 compared to previous year.
3% decrease in kBtu per Guest Night with a 5% increase in Guests and 7% increase in food and beverage covers compared to previous year.
Energy Cost Savings $137,000 in annually against the price-to-compare.
Utility bill automation saves between 5-15 days of typical payment process.