For more information, contact Trisha Riggs, firstname.lastname@example.org; 202-679-4557
WASHINGTON (July 16, 2019) — A new report from the Urban Land Institute (ULI) suggests that sustainable building practices, including those involving energy and water conservation as well as waste reduction, are increasingly being incorporated throughout the hotel sector to add value and provide a competitive edge to properties.
Sustainability in Hotels: Opportunities and Trends Shaping the Future of Hospitality assesses the state of sustainability in the hotel sector by identifying best practices, highlighting industry trends in sustainability, and offering solutions to sustainability-related obstacles. The report, published by ULI’s Greenprint Center for Building Performance, contains case studies and is informed by insights from 25 leading hotel owners, developers, and investors, including members of ULI’s Hotel Development Product Council and Recreational Development Council.
“Sustainability efforts, both in construction and operations, speak to the character and development quality of a hotel property, and a responsible developer recognizes both the need and the benefits that come with going green,” says James DeFrancia, ex officio member of the Recreational Development Council and Principal of Lowe Real Estate.
Sustainability in Hotels points out that of all commercial buildings, hotels are among the highest per-square-foot energy and water users, and that carbon emissions for full-service hotels exceed emissions for limited-service hotels. However, it notes that opportunities are available across all hotel types for improvements that go far beyond existing “sustainable choice” programs such as those limiting linen changes or curbing water use by guests. Trends highlighted in the report include:
“Sustainability in hotel development is not a short-term trend; rather, it’s a lasting change,” says ULI Global Chief Executive Officer W. Edward Walter, former CEO of Host Hotels and Resorts, Inc. “It’s what the market wants — younger and older generations place a high priority on green and sustainable development. It’s also what cities want and need, as they seek to become more resilient, competitive and livable. Clearly, resource-efficient and resilient development practices are good for the hospitality industry as well as our communities.”
While long-term investments in high-efficiency energy management systems, heating, ventilation and air conditioning retrofits, and on-site renewable energy all require substantial planning and collaboration between owners and operators, such investments can pay long-term dividends for hotels in terms of utility savings, improved guest experiences, and increased net operating income, the report notes.
Sustainability in Hotels cites several factors spurring hotel owners’ interest in sustainability:
Based on the expertise shared by the interviewees, the report outlines best operational best practices as well as technical improvements to improve efficiency, cut carbon emissions and reduce operating costs. “The conversation around climate change and changing hotel guest demographics helped the global hotel industry recognize that sustainability is a smart business decision that can elevate the guest experience and strengthen financial returns,” says ULI Hotel Development Council Chair Toni Alexander, president of InterCommunications.
The case studies in Sustainability in Hotels include energy efficiency programs implemented by Hersha Hospitality Trust; The Fairmont Hotel in Washington, D.C.; and Host Hotels and Resorts; water conservation programs implemented by Clarion Partners and MGM National Harbor in Oxon Hill, Maryland; the waste management program used by the Grand Hyatt Singapore; the natural environment program implemented by Terranea Resort in Rancho Palos Verdes, California; smart room guest technology at the Sinclair Hotel in Fort Worth Texas; and the health and wellness program in place at Limelight Hotel Snowmass in Snowmass Village, Colorado.
Sustainability in Hotels adds to ULI’s ongoing work to promote sustainable development practices and improve the resilience of communities worldwide, and to highlight the Institute’s role in helping to mitigate the effects of climate change that are related to the built environment.
ULI’s Greenprint Center for Building Performance is part of the Institute’s Center for Sustainability and Economic Performance, which is dedicated to creating healthy, resilient, and high-performance communities around the world. Greenprint is a worldwide alliance of leading real estate owners, investors and strategic partners committed to improving the environmental performance of the global real estate industry through measurement, benchmarking, knowledge sharing and implementation of best practices.
The post New from the Urban Land Institute: Sustainability in Hotels Explores Growing Emphasis On Green Building Practices in the Hospitality Industry appeared first on ULI Americas.
Notes are encrypted so only you can see them.
2nd Asia Green Glassmaking Plant Summit 2020
We’re Backing Helimed 79: Crisp packet fundraising for Aberdeen-based air
Trump thanks troops during surprise Afghanistan visit says Taliban want a
Epiroc trusting its 6th Sense on mine automation electrification
World’s use of coal-fired electricity on track for biggest drop on record
Global climate protests kick off in smoke-covered Sydney