Pebblebrook Hotel Trust Achieves $3 Million+ in Annual Energy Savings

The opportunity

Pebblebrook Hotel Trust sought to reduce energy costs and improve procurement across its portfolio of upscale U.S. hotels and resorts.

As a publicly traded REIT, Pebblebrook Hotel Trust acquires and invests in upscale hotels and resorts across major U.S. cities. Managing electricity and natural gas across a geographically diverse portfolio required a procurement strategy capable of navigating multiple markets, suppliers, and contract structures.

An initial review identified a significant opportunity to lower energy rates by leveraging Tradition Energy’s national market expertise, purchasing scale, and access to competitive supplier pricing. Pebblebrook engaged Tradition to develop a more coordinated approach focused on reducing costs and optimizing procurement decisions across its portfolio.

Tradition identified multiple electricity and natural gas agreements approaching expiration. These contracts were prioritized to reduce the risk of unfavorable renewal pricing and capture available market opportunities.

Rather than evaluating each property independently, Tradition developed a comprehensive procurement strategy tailored to Pebblebrook’s broader portfolio. This created a more coordinated framework for managing contracts and making purchasing decisions across multiple markets.

Using Tradition’s proprietary Energy Pricing System (TEPS), the team evaluated competitive supplier offers and market timing across Pebblebrook’s footprint. This approach helped identify favorable purchasing opportunities and improve pricing across key markets.

The Result:
Multi-Million-Dollar Energy Savings

Electricity Savings

Tradition achieved more than $1 million in annual contract-over-contract electricity savings across Pebblebrook’s Massachusetts properties.

California Savings

Procurement initiatives across Pebblebrook’s California assets generated an additional $2 million in annual energy savings, delivering significant portfolio-wide financial impact.

Ongoing Portfolio Optimization

Tradition continues to lead Pebblebrook’s energy procurement strategy, identifying new cost-saving opportunities and supporting sustainability objectives as the company’s national footprint evolves.

Client Testimonials

Our Tradition Energy advisor has been extremely knowledgeable and helpful – helping us not only purchase RECs, but also likely change our natural gas provider.

Sustainability Manager,
Entertainment Company

The Tradition relationship is incredibly important to us and I’m thrilled with where we are going! Your effort here with our Houston hotel group is another fine example of why Tradition is best in class!

Director, Operational Planning,
Hospitality Owner/Operator

Tradition Energy was unique in that they treated our energy procurement request as a process rather than just a one-time transaction. They took the time to educate us on the market conditions, helped formulate a strategy based on multiple procurement options, and then demonstrated the required patience to work the market until a favorable rate was obtained.

Director of Facilities,
Regional Gaming Operator

With facilities nationwide, it is important to be able to trust those with the expertise to advise us and facilitate cost reduction with such a volatile commodity.

Corporate Purchasing Manager,
National Hospitality Operator

Our Tradition Energy advisor has been extremely knowledgeable and helpful – helping us not only purchase RECs, but also likely change our natural gas provider.

Sustainability Manager,
Entertainment Company

The Tradition relationship is incredibly important to us and I’m thrilled with where we are going! Your effort here with our Houston hotel group is another fine example of why Tradition is best in class!

Director, Operational Planning,
Hospitality Owner/Operator

Tradition Energy was unique in that they treated our energy procurement request as a process rather than just a one-time transaction. They took the time to educate us on the market conditions, helped formulate a strategy based on multiple procurement options, and then demonstrated the required patience to work the market until a favorable rate was obtained.

Director of Facilities,
Regional Gaming Operator

With facilities nationwide, it is important to be able to trust those with the expertise to advise us and facilitate cost reduction with such a volatile commodity.

Corporate Purchasing Manager,
National Hospitality Operator

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Pebblebrook Hotel Trust Achieves $3 Million+ in Annual Energy Savings

The opportunity

Pebblebrook Hotel Trust sought to reduce energy costs and improve procurement across its portfolio of upscale U.S. hotels and resorts.

Analysis

The Result:
Multi-Million-Dollar Energy Savings

Electricity Savings

California Savings

Ongoing Portfolio Optimization

Client Testimonials

The Scale and Experience Behind Every Recommendation

Case Studies

Proven Results in Hospitality

Urban Air Locations Reduce Annual Energy Costs by Nearly 10%

Hotel Portfolio-Wide Energy Strategy Improves Costs and Budget Stability