Case study: Apex Hotels
Edinburgh and Dundee, Scotland, and London, England
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Apex Hotels is an expanding UK-wide group with 7 hotels in Edinburgh, London and Dundee. They provide stylish and contemporary accommodation more than suitable for leisure and business guests. Each of their hotels is situated in city centre areas. This ensures that they are placed in the ideal location for guests. Each Apex hotel offers luxury and convenience at very reasonable prices.
Substantial reductions in gas and electricity costs
Business Cost Consultants were engaged by Apex Hotels to manage and reduce utility costs at each of their 7 hotels. By outsourcing the management of utilities at these sites to BCC, the team at Apex were relieved of time-consuming administration as well as the hassle of dealing with utility companies. Apex Hotels are now confident they are receiving a good deal on their energy contracts. Our understanding of the processes involved in account changeovers and the general workings of energy suppliers has been valuable to the hotel group.
Through consolidation of various supply contracts and using our extensive knowledge of the energy market to negotiate new contracts, we were able to assist Apex Hotels in securing substantial reductions in their gas and electricity costs.
At Business Cost Consultants we utilise our positive relationships with all the major energy suppliers. Our team of expert consultants have access to market data which is updated daily, this means they are well placed to advise when could be a good time to go to market and purchase your energy contracts. It is Business Cost Consultants awareness of those often volatile energy markets that enables us to recommend the best time to put supply contracts to tender. We were able to manage the entire tendering process on behalf of Apex Hotels, giving them the highlights and arming them with the knowledge to make the final decision on which contracts to accept.
Business Cost Consultants have assisted Apex Hotels in securing a 36% reduction in overall utility costs within a few months of being engaged by them. This represents a large cash saving and considerable reduction in administrative time and hassle. Having a utility expert manage and reduce costs has brought peace of mind as well as substantial cost savings to Apex Hotels. We are now working with them to reduce their energy and water consumption, and hence their carbon emissions.
“The team at BCC have taken over management of our utility contracts and very quickly implemented new agreements that have saved us over 30%. BCC have improved our understanding of the factors affecting utility pricing and are working with us on further cost reduction initiatives that will reduce our expenditure further. I have every confidence that BCC will continue to generate pricing and efficiency savings for our group over the coming years.” — Andrew Taylor (Purchasing Manager, Apex Hotels)