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Steve Kiesner

You know that getting more value from your energy dollar is always important. This winter it will be imperative. According to the latest Short Term Energy Outlook from the U.S. Energy Information Administration (EIA), the price of natural gas, heating oil and propane will all be higher this winter. The EIA predicts natural gas prices, for example, to rise by 50 percent, on average, compared with last year. Even if your company has locked in lower prices through long-term fuel contracts, you still should be making sure you are doing everything you can to get the most value from your energy dollar. The lodging industry spends over $5.5 billion per year on energy. That is a lot room for potential savings. And greater profitability. Read on...

Arthur Weissman

Almost every property is a part of the community around it. As such, it affects the community's economic condition in some way. In this article, we explore the ways in which a sustainable lodging property can positively affect the community's economic vitality. We will discuss this from the following perspectives: the property's environmental footprint; the property's effect on the health of its workers; the property as community leader or model; the property as educator; the property as donor; and the property as a magnet for business. Read on...

Jeff Slye

With the ever increasing demand from organizations and travelers to stay in socially responsible hotels, adding environmental responsibility to your hotel's identity can translate directly into new revenues. The Ecological Lifestyles market is now estimated at $81.2 Billion (2005) with over 63 Million consumers wanting to open their wallets for environmentally responsible companies. Read on...

Jeff Slye

We all know that when it comes to setting the style standards for hospitality, boutique hotels are among the industry's most formidable trendsetters. Often, Kimpton Hotels have led the pack with innovative design and unique programs such as in-room yoga, tall rooms, and goldfish to keep the guest company. In 2005, they decided to make one statement that will never go out of style - green is the new black. Read on...

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Coming up in May 2019...

Eco-Friendly Practices: Corporate Social Responsibility

The hotel industry has undertaken a long-term effort to build more responsible and socially conscious businesses. What began with small efforts to reduce waste - such as paperless checkouts and refillable soap dispensers - has evolved into an international movement toward implementing sustainable development practices. In addition to establishing themselves as good corporate citizens, adopting eco-friendly practices is sound business for hotels. According to a recent report from Deloitte, 95% of business travelers believe the hotel industry should be undertaking “green” initiatives, and Millennials are twice as likely to support brands with strong management of environmental and social issues. Given these conclusions, hotels are continuing to innovate in the areas of environmental sustainability. For example, one leading hotel chain has designed special elevators that collect kinetic energy from the moving lift and in the process, they have reduced their energy consumption by 50%  over conventional elevators. Also, they installed an advanced air conditioning system which employs a magnetic mechanical system that makes them more energy efficient. Other hotels are installing Intelligent Building Systems which monitor and control temperatures in rooms, common areas and swimming pools, as well as ventilation and cold water systems. Some hotels are installing Electric Vehicle charging stations, planting rooftop gardens, implementing stringent recycling programs, and insisting on the use of biodegradable materials. Another trend is the creation of Green Teams within a hotel's operation that are tasked to implement earth-friendly practices and manage budgets for green projects. Some hotels have even gone so far as to curtail or eliminate room service, believing that keeping the kitchen open 24/7 isn't terribly sustainable. The May issue of the Hotel Business Review will document what some hotels are doing to integrate sustainable practices into their operations and how they are benefiting from them.