A landmark new water supply deal is expected to help Malmaison and Hotel du Vin increase annual savings to more than £75,000.
It has signed a contract with Anglian Water brokered by Inprova Energy, with the deal covering the organiastion’s entire UK portfolio of 33 boutique hotels.
According to the water company, savings will be made through a combination of lower tariffs, consolidated billing and a range of energy efficiency measures – from energy audits to the installation of automated meter reading devices in every hotel.
It is said to be the first UK-wide, single-contract, multi-site deal to leverage the benefits of the upcoming market reform, which will see the retail water market open up to 1.2 million businesses and public sector organisations in England from April next year.
Gary Hall, Finance Director at Malmaison and Hotel du Vin said: “The utilities market in the UK and water services in particular, has historically proven to be a difficult sector in which to gain economies of scale through multi-site contracts.
“Our partnership with Anglian Water Business and Inprova Energy allows us to benefit not only from an improved financial position but streamlines the administrative burden needed to manage the disparate accounts.”