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LEED Certification Boosts Hotel Revenue

LEED-certified hotels make more money in average daily rates and revenue per available room than their non-LEED competitors, according to a study by Cornell University. This is a change from a 2013 Cornell study that stated hotels, on average, don’t see a revenue boost from going green. The new study … Read more »

Going Green Doesn’t Boost Hotel Revenue

Going Green Doesn’t Boost Hotel Revenue

Hotels, on average, don’t see a revenue boost from going green, according to the Cornell Center for Hospitality Research. The Cornell study analyzed sales and rates for 9,000 hotels and found a net-neutral effect for the hotel industry’s sustainability efforts. While green certification doesn’t improve a hotel’s bottom line, it … Read more »