{"id":4971,"date":"2014-08-15T10:32:14","date_gmt":"2014-08-15T14:32:14","guid":{"rendered":"http:\/\/www.constructionspecifier.com\/?p=4971"},"modified":"2016-12-19T16:02:51","modified_gmt":"2016-12-19T21:02:51","slug":"hotels-earn-more-when-leed-certified","status":"publish","type":"post","link":"https:\/\/www.constructionspecifier.com\/hotels-earn-more-when-leed-certified\/","title":{"rendered":"Hotels earn more when LEED certified"},"content":{"rendered":"
\"A
A new study suggests Leadership in Energy and Environmental Design (LEED)-certified hotels can be more successful than their uncertified competitors. The Courtyard Kansas City at Briarcliff is the first LEED-certified hotel in Kansas City. <\/span>Photo courtesy Marriott International<\/em><\/figcaption><\/figure>\n

Cornell University has released a new study reporting hotels certified under the Leadership in Energy and Environmental Design (LEED) program earn increased revenue.<\/p>\n

\u201cThe Impact of LEED Certification on Hotel Performance\u201d<\/a> was conducted by Matthew Walsman, Rohit Verma, PhD, and Suresh Muthulingam, PhD, from the university\u2019s Center for Hospitality Research (CHR). In total, 93 LEED-certified hotels were compared to 514 competitive non-certified facilities. Performance review data over a two-year period was supplied by CHR partner, Smith Travel Research (STR), for the comparisons. Data used was the average daily rate (ADR) and revenue per available room (RevPAR).<\/p>\n

The findings indicated the boost in revenue was found in various types of hotels, although most compared were luxury facilities in both urban and suburban locations.<\/p>\n

\u201cWe\u2019ll have many more hotels to study in the future,\u201d said Walsman. \u201cNow companies like Marriott have included LEED as part of their own design specifications for new constructions.\u201d<\/p>\n

The initial LEED program did not directly include hotels, but in the newest LEED v4 includes hospitality-specific categories.<\/p>\n

According to researchers, the next data that should be considered is a cost analysis between LEED-certified and not certified hotels, in addition to this study of only profits.<\/p>\n","protected":false},"excerpt":{"rendered":"

Cornell University has released a new study reporting hotels certified under the Leadership in Energy and Environmental Design (LEED) program earn increased revenue.<\/p>\n","protected":false},"author":2,"featured_media":4972,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1029],"tags":[127],"class_list":["post-4971","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-leed","entry"],"acf":[],"yoast_head":"\nHotels earn more when LEED certified - The Construction Specifier<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.constructionspecifier.com\/hotels-earn-more-when-leed-certified\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Hotels earn more when LEED certified - 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