How do green building strategies affect the earnings of hotels and other hospitality properties? Do properties sporting a green building certification earn more revenue? The results are mixed, Triple Pundit reports. Those hoping that a LEED or other third-party green building certification will significantly drive up revenues will be interested in a new report from two researchers at Cornell University, "Hotel Sustainability: Financial Analysis Shines a Cautious Green Light."
The study compared the two types of hotels (eco-certified vs. non-eco certified) in 20 large cities. What did they find? Click here to read more.