Travel and Leisure Co.: 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.

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.

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.