Hospitality groups, both large and small, have announced policies to address environmental concerns, and real estate investors are increasingly considering it in their decision making. However, there is no consensus on what makes a hotel environmentally sustainable, and what criteria to use.
In response, the International Hospitality Investment Forum (IHIF) has launched the Sustainability Council to identify the key areas in which the hospitality real estate sector needs to address sustainability concerns and to provide guidelines on how investors, developers, operators and all key stakeholders can commit to more sustainable practices.
Led by a council of experts, the council will meet at IHIF 2020 for a working session to look at sustainability within four areas of hospitality real estate: construction; asset management; operations; architecture and engineering. The council session at IHIF 2020 will take place on 3 March in Berlin.