Asia Pacific hotel investors focus on improving sustainability

Asia Pacific hotels are lagging the rest of the world when it comes to sustainability, however investors are keen to improve its performance, a JLL report claims.

Following the signing of the Glasgow Climate Pact and by agreeing to the Paris Rulebook by COP26 in November 2021, the sustainable Hospitality Alliance reported that hotels in the world need to reduce carbon emissions by 66% per room by 2030 and by 90% per room by 2050. The hotels sector is also the biggest consumer of energy and water among all real estate sectors, JLL said.