What is “Product-as-a-Service” (PaaS), and how can a hotel lease carpets or beds instead of buying them?

PaaS allows hotels to pay for product use or performance rather than ownership. The manufacturer retains ownership – ensuring long product life, ease of repair, and full recyclability.

Hotel Examples:

• Carpet Leasing (e.g., Interface): Tiles can be replaced individually and fully recycled after use.
• Bed Leasing (e.g., Auping): Manufacturer ensures hygiene and takes back materials for closed-loop reuse.
• Light-as-a-Service (e.g., Signify): Hotel pays for light output. Maintenance and upgrades are the provider’s responsibility.