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RESPONSIBLE INVESTMENT

We are committed to evaluating opportunities and climate change risks as part of our acquisitions due diligence process, to investing in proven sustainability practices and technologies during the ownership of our properties and to enhancing asset value while improving environmental performance.

What we've done

  • We establish long-term investment plans for all of our assets. Where feasible, we incorporate building systems, equipment, and technologies that improve efficiency and conserve natural resources.
  • From 2013 to 2016, we invested $24.2 million in energy and water saving initiatives that are expected to provide $7.7 million in annual savings from projects including LED lighting, in-room energy management systems, water saving fixtures and efficient boilers and chillers.
  • Used certified green or recycled products, EPA ENERGY STAR® qualified appliances and fixtures and EPA SmartWay certified logistics to increase sustainable sourcing and delivery for our design and construction projects.

Featured Initiatives

Axiom Hotel

Axiom Hotel

The hotel received LEED® Silver certification and includes sustainability features such as filtered water stations on each floor, SMART TVs in guestrooms that provide information and in-room dining menus to reduce paper waste, and a comprehensive recycling program.

Hyatt Regency San Francisco Airport

The hotel was awarded a rebate from Pacific Gas & Electric for a series of sustainability investments including the modernization of all elevators, high-efficiency chillers with free cooling and an in-room energy management system. Additionally, we installed high-efficiency boilers and LED lighting throughout the hotel, upgraded the roofing system and guestroom HVAC.

The Fairmont Kea Lani, Maui

Fairmont Kea Lani, Maui and Hyatt Regency Maui Resort and Spa

The Hyatt Regency Maui Resort and Spa partnered with the Sustainable Living Institute of Maui at the University of Hawaii Maui College and Green Building Hawaii to support an internship program in conjunction with a property-wide lighting retrofit. Interns worked alongside the hotel’s engineering team to replace over 15,500 lamps with high-efficiency LED lighting, resulting in an estimated 675,000 kWh saved per year. Fairmont Kea Lani is coordinating a similar internship program to complete a lighting retrofit project at that property.

New York Marriott Marquis

Sheraton New York Times Square Hotel and New York Marriott Marquis

On-site steam boilers were installed to remove the hotel from the city utility steam system, saving utility costs and reducing carbon emissions intensity by at least 20%.