Renewable Energy - For Hotels, Resorts, Inns & Bed & Breakfasts | Ep. #171

Investing in renewable & eco-friendly resources for hospitality properties used to be a luxury, but is now, not only is it necessary, it can help you improve your properties overall profit and patronage. I will share with you ways you can utilise green technology.Hospitality properties have often demonstrated their role as first movers for green technology.Every property is unique and has different requirements and it is important that hotels, resorts, inns and bed and breakfasts identify and realize solutions according to specific needs. For windsurfing or kitesurfing resorts, new wind technologies might be more interesting than solar. For a desert resort, vice versa. For some island properties, wave energy might be the preferred option. Investing in renewable & eco-friendly resources can help improve your hospitality properties overall profit margin. Today, many travellers prefer to accommodations that are environmental-friendly rather than an ordinary hospitality property room. With climate change and the environment grabbing the headlines, increasing pressure to cut carbon emissions and rising electricity prices, saving energy is on many hotelier’s and innkeepers priority list. Renewable power, including wind and hydroelectric power, are set to rise by 40 per cent over the next five years. While less than 2% of the world’s electricity is currently generated through solar technology, a recent report estimated that this figure could increase to as much as 13% by the year 2030.It’s clear that renewable energy is here to stay as more companies embrace it and in this group, the travel industry stands out. Continue reading for examples of renewable power is being used by the travel industry to lower operating costs and support a sustainable future, right after a word from our sponsors. 2:22