ITHACA, N.Y. — Cornell Law School’s latest addition is a prime example of how sustainable features can be incorporated into academic settings.Read more
ITHACA, N.Y. — A Cornell University School of Hotel Administration study found hotels that are LEED certified not only help the environment, but also earn more revenue.
The study compared 93 LEED certified hotels in the U.S. with the same amount of non-certified hotels, and found that average daily rates and revenue per available room was substantially higher.Read more
ITHACA, N.Y. — A study from Cornell University’s Center for Hospitality Research has found that hotels that concentrate on sustainable practices have no difference in revenue when compared to those that do not.
The study, Hotel Sustainability: Financial Analysis Shines a Cautious Green Light, analyzed the database of the travel technology company Sabre Holdings. Authored by Howard Chong and Rohit Verma, the analysis demonstrates receiving sustainable building certification had a net neutral effect on sales and rates at hotels.Read more