Travel and Leisure Co.: Energy performance
|Cumulative (vs. Baseline)||11%|
PORTFOLIO ENERGY PERFORMANCE
Better Buildings Challenge Partners strive to decrease portfolio-wide source energy use intensity (EUI) and to increase the percent improvement compared to a set baseline. Travel + Leisure's portfolio consists of more than 175 buildings and 30 million square feet. Travel + Leisure has improved energy performance by 11% from a 2014 baseline.
Travel + Leisure experienced an increase in energy use from 2020 to 2021 primarily due to an increase in tourism and occupancy in 2021, after COVID-19 had significantly reduced occupancy rates in 2020.
*Energy consumption during 2020 was significantly lower than a typical year since COVID-19 disruptions resulted in temporary building closures and reduced occupancy for much of the year. Energy savings across Travel + Leisure's building portfolio for 2020 were driven by the reduction in occupancy due to the COVID-19 pandemic.
ENERGY PERFORMANCE BY PROPERTY
Looking at the percent improvement in energy performance across all facilities can provide insight into how an organization is saving energy. Travel + Leisure has achieved energy performance improvement of greater than 15% at more than 50 of its properties. There are 21 properties that have experienced an increase in Source EUI. These properties have been targeted for future energy efficiency improvements.
IDENTIFYING OPPORTUNITIES FOR IMPROVEMENT
Property-level energy performance metrics, including EUI and percent improvement to date, are critical to track progress over time and identify opportunities for additional energy savings. Travel + Leisure's portfolio consists of properties with a wide range of baseline EUI values, most of which are from 100 to 200 kBtu/sq. ft. The majority of properties have shown energy improvement since 2014. The properties located near or below the 0% axis may present good opportunities for further savings.