According to a new survey conducted by JLL and the Energy & Environment Alliance (EEA), ESG has become more crucial for hotel investors and is no-longer an after-thought.

Some highlights from the survey include:

– 53% said sustainability related due diligence is critical and more than a box ticking exercise.
– 55% of respondents would expect to pay a premium for a hotel on the NZC50 pathway. Nevertheless, 63 per cent would still buy a hotel which is not on the NZC50 pathway
– 60% say they are currently factoring in ESG capex to comply with regulation.
– 28% are planning to factor in ESG capex in the next 12-18 months.

To read the full article by Hospitality Investor, visit: https://lnkd.in/eiDBgARN