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Strategic energy efficiency upgrades could see hotels cut their carbon footprint by a dramatic 75%, a new report by advisory firm Currie and Brown has revealed.
The report – ‘Revive and Thrive: Decarbonising Hotels for a Sustainable Future’ – has outlined a clear path for hotels to reduce their annual emissions per sqm from 70kg to just 20kg of CO² per m² per year.
The report has stated that these improvements could be delivered with a “relatively modest” investment of between £300 and £800 per sqm.
In addition, the report called for a collective industry effort to meet ambitious carbon reduction targets of 66% per room by 2030 and 90% by 2050.
Currie and Brown’s findings also note that by improving the environmental performance of hotels, operators could see uplifts in RevPAR.
Gillian Breen, senior director and head of commercial cost management at Currie and Brown, said: “As the hospitality industry evolves, the focus must shift from merely adhering to traditional standards towards embedding sustainability in every facet of hotel operations and management.
“This report not only guides hotel owners through effective strategies to increase profitability but also underscores the importance of immediate action in the face of global climate challenges.”
To help organisations embed sustainability, be more cost efficient, and achieve their net zero ambitions, the report has also outlined a four-stage strategy, which includes analysing assets; prioritising interventions; optimising operations; and realising benefits.
