Author of www.HotelLawBlog.com
19 May 2008
Hospitality lawyer with ENERGY STAR and other green hotel resources from the EPA. At the recent Hotel Developers Conference presented by JMBM’s hotel lawyers, there were many valuable presentations. (See the rich library of articles on green hotel development here at www.HotelLawBlog.com. (Just go to the blog, search down the right hand side for “Topics” and then click on “Green Hotels.”).
The EPA wants to bring its ENERGY STAR resources to the hotel industry and offers a number of ways to partner for energy savings. Stuart Brodsky, gave all the delegates attending JMBM’s recent annual Hotel Developers Conference a lot of great resource materials that demonstrate the environmental and financial value of energy efficiency in new construction and existing buildings. Here they are for your library.
1,400 Energy Star rated buildings – What’s the big deal? Which hotels?
How can the EPA help hotels go green? What is the EPA? What programs and resources does it offer? What green initiatives are effective?
These are all important questions, and here is the EPA’s answer prepared as part of its presentation to the American Hotel & Lodging Association Executive Committee.
WHAT DOES ENERGY STAR DO FOR HOSPITALITY?
The EPA has developed a menu of resources for the Hospitality Industry. Here it is:
What’s in it for me? How the hotel industry can tap into the pay day.
The EPA says:
* U.S. hotels spend close to $4 billion on energy every year.
* Reducing these costs by just 10% is equivalent to a $0.62 ADR increase for limited service
hotels and a $1.35 ADR increase for full service hotels.* Let ENERGY STAR guide you, step by step. Become a partner by calling 1888STARYES or visiting: www.energystar.gov
Here is the program for hospitality:
Thanks to Stuart Brodsky and our friends at the EPA.
JMBM’s Hotel Developers Conference
For the past five years, the Global Hospitality Group® of Jeffer Mangels Butler and Marmaro LLP has presented The Hotel Developers Conference™. Each year, this high level conference focuses on a current, cutting-edge issues such as resort development, condo hotels, and hotel mixed-use. In 2008, the conference, supported by UNLV and the USGBC, Nevada chapter, was devoted solely to green hotel development, renovation and operation.
Some of the great presentations from this series by the hospitality lawyers at JMBM include the following:
* Compelling economics of green hotels by Gary Golla – going LEED Silver with a luxury hotel only costs 1/4% premium and provides 30% ROI plus 28% savings on energy, water and sewage for life of building.
* Saving money by going LEED Platinum by Kip Richardson
* How to get LEED certification and make it pay (harvesting all the incentives) by Lynn Simon
* Beyond LEED: The Future of Sustainable Design by Kip Richardson
* The Orchards — Green Case studies in green hotel development and renovation by Stefan Mühle
* Demystifying LEED by Howard Wolff
* EPA Energy Star and other resources available to hotels by Stuart Brodsky
And there are many more valuable articles at www.HotelLawBlog.com, particularly under the Topic of “Green Hotels.”
This is Jim Butler, author of www.HotelLawBlog.com and hotel lawyer, signing off. We’ve done more than $87 billion of hotel transactions and more than 100 hotel mixed-used deals in the last 5 years alone. Who’s your hotel lawyer?
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Our Perspective. We represent developers, owners and lenders. We have helped our clients as business and legal advisors on more than $125 billion of hotel transactions, involving more than 4,700 properties all over the world. For more information, please contact Jim Butler at jbutler@jmbm.com or 310.201.3526.
Jim Butler is one of the top hospitality attorneys in the world. GOOGLE “hotel lawyer” or “hotel mixed-use” or “condo hotel lawyer” and you will see why.
Jim devotes 100% of his practice to hospitality, representing hotel owners, developers and lenders. Jim leads JMBM’s Global Hospitality Group® — a team of 50 seasoned professionals with more than $87 billion of hotel transactional experience, involving more than 3,900 properties located around the globe. In the last 5 years alone, Jim and his team have assisted clients with more than 100 hotel mixed-use projects — frequently integrated with energizing lifestyle elements.
Jim and his team are more than “just” great hotel lawyers. They are also hospitality consultants and business advisors. They are deal makers. They can help find the right operator or capital provider. They know who to call and how to reach them.
Jim is frequently quoted as an expert on hotel issues by national and industry publications such as The New York Times, The Wall Street Journal, Los Angeles Times, Forbes, BusinessWeek, and Hotel Business. He is the Conference Chairman of The Hotel Developers Conference™ and Meet the Money®.
Contact him at jbutler@jmbm.com or 310.201.3526. For his views on current industry issues, visit www.HotelLawBlog.com.