Four and five-star UAE hotels can save as much as 10% on annual utility costs, according to Farnek analysis

Four and five-star UAE hotels can save as much as 10% on annual utility costs, according to Farnek analysis

- On average 4–5-star UAE hotels can potentially save AED 373,000 pa on energy & AED 125,000 pa on water costs alone

- Total savings equivalent to 835 room nights using STR data for Dubai hotel average room rates in 2021

Dubai, United Arab Emirates: Leading UAE-based smart and green FM company Farnek, has discovered that four and five-star hotels in the UAE could potentially be saving up to 10% annually on their utility bills. Put into perspective that is the equivalent of more than 835 room nights, according to STR figures for the average daily rate (AED 594) of Dubai hotels in 2021.

The analysis which was conducted by Farnek’s in-house team of sustainability consultants, used data from its own hotel clients, as well from the EGBC Hotel Benchmarking Study. The team found that on average these hotels could potentially save AED 373,000 and AED 125,000 on energy and water consumption respectively, as well as additional costs for waste disposal.

“On average four and five-star hotels in the UAE spend AED 4.98 million per annum on their utility bills. By measuring, analysing and benchmarking their performance, hotels have the potential to cut their utility bills by up to 10% or AED 498,000. Of