Case Study

Hotel Portfolio-Wide Energy Strategy Improves Costs and Budget Stability

Hotel Portfolio-Wide Energy Strategy Improves Costs and Budget Stability

The opportunity

Procaccianti sought a more coordinated way to manage electricity and natural gas costs across its large, multi-state hospitality portfolio.

The national hotel and resort operator manages properties across 15 states and 29 utility territories, creating significant complexity in energy procurement. Different market structures, supplier options, and contract terms made it difficult to maintain a consistent approach across the portfolio.

Procaccianti engaged Tradition Energy to identify where competitive supply could create value, improve procurement efficiency, and establish a more standardized process for managing energy costs across existing and future properties.

Analysis

Tradition reviewed Procaccianti’s portfolio to determine which properties were on third-party supply, which remained on utility service, and where deregulated markets offered additional procurement opportunities. The analysis focused on applying the right strategy to each property rather than using a one-size-fits-all approach.

Tradition identified the properties most likely to benefit from competitive procurement based on market conditions, supplier requirements, and utility structures. In markets where electricity remained regulated, the team focused on available natural gas opportunities.

Tradition improved the contracting process by confirming key supplier terms with Procaccianti before requesting executable documents. This reduced unnecessary back-and-forth and helped accelerate implementation across multiple properties.

Tradition also assessed alternative approaches, including 100% Green electricity, variable pricing, and utility supply where appropriate. This gave Procaccianti greater flexibility to select the most cost-effective option by property and market.

The Result:
Standardized Procurement, Greater Flexibility

150+ Supply Agreements

Tradition has executed more than 150 third-party electricity and natural gas agreements, helping Procaccianti improve budget stability, capture savings, and standardize procurement across its portfolio.

Property-Level Cost Optimization

Several locations were returned to utility supply when market analysis showed it was the more cost-effective option, ensuring each property followed the strategy best suited to its market.

Scalable Portfolio Management

Tradition developed a streamlined process for evaluating renewable and variable pricing options while creating a framework to quickly onboard new properties and manage energy costs efficiently.

See what Tradition Energy can do for your organization

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The Scale and Experience Behind Every Recommendation

For decades, organizations have trusted Tradition Energy to navigate increasingly complex energy markets. As the nation’s largest independent energy procurement and sustainability solutions advisor, we bring clients resources, market reach, and transaction activity other advisors cannot replicate.

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Hotel Portfolio-Wide Energy Strategy Improves Costs and Budget Stability