New Sustainability Book Highlights Best Practices in Hotel Development and Operations
Sustainability is an important topic that affects every stage of hotel development and operation. Hotel Sustainable Development: Principles and Best Practices, published by the American Hotel & Lodging Educational Institute (AHLEI), provides hospitality professionals with a wealth of information about key factors to be considered when exploring sustainability.
Editors A.J. Singh, international lodging, finance and real estate associate professor in The School of Hospitality Business at Michigan State University, and Hervé Houdré, general manager of the InterContinental New York Barclay, and leading sustainable development experts identify emerging trends and discuss how sustainability affects regulatory, policy, development, architectural, financial, and operational issues. Each chapter presents important elements in the implementation of sustainable development to provide valuable insights to hotel investors, developers, owners, and lodging operators.
The book is divided into four sections:
- Historical Context: Local and Global Perspective
- Development and Investment Perspective
- Hotel Corporate and Property Perspective
- Operating Perspective
The overarching theme of the book follows John Elkington’s approach of the “Triple Bottom-line.” This is the most commonly accepted perspective of sustainable development by most businesses, as it comprehensively looks at sustainable development from three perspectives: People, Planet and Profit. The common theme across all the chapters is “value creation.” While value creation addresses all stakeholders in a hotel development or operation, the primary question that each chapter addresses is whether sustainable development metrics indicate financial incentives for investors, developers, owners, and lodging operators.
A number of hospitality organizations supported the publication of this book, including the International Society of Hospitality Consultants (ISHC), Hospitality Sales and Marketing Association International (HSMAI), Green Meetings Industry Council (GMIC), National Association of Hotel and Lodging Engineers (NAHLE), the U.S. Green Building Council (USGBC), and the Hotel Asset Managers Association (HAMA). (Source: Hotelnewsresource.com)