Indian hotels are now recognized as global leaders in environmental stewardship and best practices after realising the need of energy efficiency.
India’s hotel business still has a lot of room for expansion. Over the coming ten years, both leisure and corporate travel are expected to grow dramatically, increasing demand for hotels to accommodate them. One of the building types that use the most energy is the hotel industry.
Depending on the size and type of hotel, energy costs can account for percent of the whole operating budget. Hotels may keep this cost low and simultaneously lessen their environmental effect thanks to energy efficiency.
The foundation of energy efficiency is the hotel’s architecture. The hotel can reduce its need for cooling and lighting thanks to climate-responsive design and material selection.
A smart design can reduce the need for air conditioning by about 30% by making suitable use of glass, insulation, correct shading, ventilation, and daylighting.
“Hotels must commit a sizable amount of floor space to circulation, lobby areas, and back of the house services. To these sections as well, the principles of energy-efficient design must apply.
Some of the most energy-efficient hotels have discovered methods to bring natural light and ventilation to these spaces, making them more comfortable places to be while also consuming less energy,” continues Tathagat.
Using energy-efficient technology for cooling, hot water, ventilation, and lighting is a crucial next step. Newer, more effective, and environmentally friendly cooling systems, lighting, as well as digital controls for lighting and air conditioning, are required to maintain low energy use in these continuously evolving technologies.
Another significant energy consumer in hotels is hot water, which can be reduced by over 60% by employing solar hot water systems, recovering waste heat for hot water, or installing heat pumps, for example. Automation and centralised controls can be integrated to utilise less energy.
The India hotel energy management system market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.
Hotel Asset Management is a rapidly expanding idea globally, although it is still not well understood in India. specialists who have years of diverse operational and financial experience in the hospitality and hotel sector.
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