HOLLYWOOD, FLA.—AD1 Global, a leading hospitality group with 15 properties and six more in development, was the recent focus of an environmental technology case study sponsored by green tech service company Sparkfund.
AD1 Global’s rapid growth has been fueled by its strategy of acquiring and renovating existing hotels, with an eye towards becoming the best and most profitable hotel company in the region.
With aggressive growth goals, AD1 Global has been focused on balancing its capital between acquiring new locations and retrofitting existing hotels to meet the AD1 Global standard.
“Part of our standard is to be as environmentally friendly as possible and continually identify and adopt new cost-effective technologies to help achieve this,” said Daniel Berman, AD1 Global President.
Contractor Chosen: OnPeak Energy
As part of the company’s commitment to the environment and its investors, AD1 Global looked to OnPeak Energy, a Florida-based energy performance contracting (EPC) company that works with building owners to evaluate, install and finance investments in energy saving equipment.
OnPeak Energy then turned to Sparkfund whose Technology Subscription service allowed AD1 Global to update their critical systems without diverting core resources away from the hotels.
The integrated solution addressed all of AD1 Global’s concerns: improved hotel aesthetics and guest comfort, reduced risk in maintaining the equipment, accelerated renovation timeline across multiple hotels, and all with no upfront capital outlay which boosted their stakeholders’ return on investment.
“It was a win-win-win for everyone,” said Berman. “Our investors, the environment and the hotels all benefited.”
AD1 Global has rolled out this solution to seven locations.