A partnership that will help businesses in the tourism and hospitality industry reduce their water bills is announced today by the British Hospitality Association (BHA). The tie-up between the BHA and Businesswise Solutions, the purchase management organisation company, comes on the day the commercial water market opens to a competitive market, enabling business for the first time to choose their own water supplier.

Many businesses have paid little attention to their water usage and costs, but the deregulation of the market opens the door to new entrants and competition among suppliers meaning small and large businesses alike can take advantage of important savings.

In response, Businesswise Solutions has launched a Water Buying Group to help businesses bring down the price they pay for water. The company harnesses the collective buyer power of its clients, going to the market on their behalf and asking suppliers to tender on a group basis to ensure guaranteed savings for all.

Through the buying power and economies of scale, BHA members can benefit from significant cost reductions in the areas in which they operate: and these savings can often be substantial. Businesswise Solutions’ service will agree a strategy with each client from the outset and ensure regular updates throughout.

Ufi Ibrahim, Chief Executive of the British Hospitality Association said:

“The deregulation of the water market is an issue of which many of our members are still unaware, and through this partnership, we can alert our members to the savings they can make. The BHA prides itself on offering great partnership deals to our community of members and is delighted to have Businesswise Solutions on board.

Peter Macgregor, Hospitality and Corporate Specialist, at Businesswise Solutions, said:

“Until now many businesses have paid little attention to their water usage and costs, but with deregulation turning on the tap to new entrants and extra competition among suppliers, consumers are now in the perfect position to take control.

There is the potential to reach up to 30% savings through a complete audit of a company’s existing portfolio, which can uncover billing anomalies and also lead to better management of this vital utility moving forward. Coupled with consolidated billing and other value added services, this is a major opportunity to generate cost savings that can offset some of the price rises BHA members will be experiencing through the living wage and property rate increases.”

To find out how your business could take advantage of the deregulated water market, call Businesswise Solutions’ dedicated Water Advisory Team on 0161 694 9132.