In hotels, utility costs consist of four major components. According to the 2015 edition of Trends in the Hotel Industry, electricity is the largest utility expense comprising 60 percent of total expenditures. Water/service is the next largest utility cost (23.8%) followed by gas/fuel (10.6%), and steam (2.3%). Trends in the Hotel Industry is the annual survey of U.S. hotel operating statements conducted by PKF Hospitality Research (PKF-HR), a CBRE Company.
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