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Anacove Savings Business Case

This business case outlines the projected cost savings, payback period and hotel value increase using a 9% capitalization (cap) rate for a 100-room hotel utilizing Anacove’s services including smart thermostats, toilet leak sensors, and asset tracking devices.
Anacove’s Services Overview:
- Smart Thermostats: $165/room + $1/month/room, $150 national average savings per room annually.
- Toilet Leak Sensors: $25/room + $1.50/month/room, typically 20% of toilets leaking, wasting $600 of water per toilet annually.
- Asset Tracking: $0/room + $0.50/month/room, providing 5% payroll savings based on one employee at $20 per hour, 8 hours per day, 365 days per year.
- HVAC Lifetime Extension: Anacove’s energy management extends hotel rooms typical $1,000 HVAC/PTAC unit lifespan by 3 years (35% longer), resulting in $2,600-4,000 in savings annually.
Cost Center |
Total Savings |
Anacove Service Cost |
Net Savings |
Power Utility |
$150/room × 100 rooms = $15,000 |
$16,500 (one-time) |
$13,800 |
$1,200/year (subscription) |
|||
Water Utility |
$600/room × 20 rooms = $12,000 |
$2,500 (one-time) |
$10,200 |
$1,800/year (subscription) |
|||
Payroll |
25 min per day searching for assets $20/hr × 25 min × 1yr = $2,920 |
$0 (one-time) |
$2,320 |
$600/year (subscription) |
Total Annual Savings, Payback Period and 7-Year Hotel Value Increase
The Total Annual Savings achieved is $28,920, consisting of Power ($13,800), Water ($10,200), Payroll ($2,320) and HVAC Lifetime extension ($2,600).
After the first year Net Annual Saving is $25,320; first year’s net savings are $6,320.
Payback Period for this investment is 9 months:
- Payback Period=Total One Time CostNet Annual Savings
- Total Net Savings over 10 years is $234,200 cash increase, based on the total investment of $54,300 (one-time cost + recurring cost).
- Hotel Value Increase at 9% Cap Rate is $281,333
- Hotel Value Increase and Total Net Savings is $515,533
- Real-time energy and water monitoring with alert
- Reduced operational costs from preventative maintenanc
- Increase HVAC life by 35%
- Improved guest experience with optimized room comfort
- Enhanced staff efficiency through asset tracking

Alistair Chatwin
President
Alistair headed up commercial business for DISH Network, where he engaged with hotel owners and operators in developing entertainment plans that suited the unique needs of the hospitality industry. Before that Alistair served as Director of Product Management at EchoStar Corporation, a premier global provider of satellite communication solutions. He also served in similar roles at ADB Software Systems Services and STMicroelectronics. Alistair earned a degree in Engineering at RMIT University in Melbourne, Australia.

Carlos Shteremberg
Managing Director
Carlos has held executive positions including President, Chief Operations Officer, and Principal at various technology and industrial companies. They include ATX Networks Corp., Pico Digital, Talon Holdings, and Maketory. Carolos earned a degree in Business Administration from the University of San Diego.

Ian Lerner
Chief Executive Officer
Ian has founded multiple technology companies as well as been a CEO and Chief Product Officer at companies such as X-Digital Systems, Pico Digital, and ATX Networks Corp. In addition to his current role at Anacove, Ian lectures at the UCSD Computer Science and Engineering & Halıcıoğlu Data Science Institute on the subjects of IoT systems and analytics. Ian holds a Computer Engineering degree from UC San Diego.
Anton Monk, PhD
Vice President and Chief Technology Officer, Wireless Initiatives at Viasat
Anton sits on various industry, advisory and academic boards, including the UCSD Jacobs School Dean’s Council of Advisors. His focus is on 5G, telecom technology strategy, networking and wireless R&D, and startup fundraising and advising. In addition, Anton is a noted corporate technology evangelist and keynote speaker as well as a legal expert witness. Dr. Monk earned a M.S. in Electrical Engineering from the California Institute of Technology and B.S. and Ph.D. in Electrical Engineering from the University of California, San Diego.
David Steigelfest, JD
Chief Platform Officer, Director, Super League Gaming
A trained attorney, David has served as an executive and entrepreneur in the digital, technology and financial space for more than 20 years. David’s experience as an innovator and creative problem solver, which includes decades of managerial experience and board-level oversight, stems from his pioneering work in yield management optimization software and overseeing multi-million dollar change management projects on Wall Street. David specializes in innovation, product development, and complex business process change. He is an expert in all aspects of software development and an inventor with nine distinct patents.
Annette Friskopp, MBA
Global Head and General Manager, Specialty Printing SystHewlett-Packard Companyems
Friskopp is a well-rounded business executive with more than 30 years of experience growing profitable businesses in the United States, Europe, and Asia. She earned an MBA from Harvard Business School in 1990 and has held senior management roles for a range of companies from startups to multinational enterprises. Her areas of expertise include customer-driven technology innovations and value-creation leadership; P&L ownership and solution delivery; growth strategy; and strategic account management, sales management, business development and deal negotiations.
Ramamohan Paturi, PhD
Professor, Department of Computer Science and Engineering University of California, San Diego
Ramamohan Paturi is a professor in the Department of Computer Science and Engineering at the University of California, San Diego. His research interests include algorithms, computational complexity, and the satisfiability problem. Ramamohan was a Postdoctoral Fellow in Computer Science at Harvard University. He earned his PhD in Computer Science at Penn State University and a Master’s Degree in Computer Science at the Indian Institute of Technology, Madras,
Richard Lewis, MSEE
Senior Vice President Research and Technology Zenith Electronics LLC
Lewis is responsible for business development, and intellectual property licensing in the United States, in addition to setting the technology vision for the LG Electronics USA commercial products division. He earned his BSEE from the University of Iowa, and holds 15 issued patents. In 2002, Richard appeared before congress to testify on issues related to the implementation of digital broadcast television, including how to overcome industry obstacles and accelerate its implementation by the 2006 mandated deadline.
Our Solutions
Anacove's devices, systems, and services increase guest comfort as well as reduce energy and water expenses. Hotel owners and operators who deploy our Connected Thermostat typically gain a positive return on investment within 12 months, and in communities with high energy rates, this payback period is often six months or less.