Hotel: HCMI - 2024 Updates

HCMI & HSBI Methodology 2024 Updates

In 2024, significant updates were made to both the Hotel Carbon Measurement Initiative (HCMI) and the Hotel Sustainability Benchmarking Index (HSBI), incorporating the latest data and methodologies to provide more accurate benchmarks for the hospitality sector. These updates reflect the evolving landscape of sustainability reporting in the hotel industry, with a strong emphasis on carbon, energy, and water consumption metrics.

HCMI Updates

The HCMI 2024 version now integrates improved methods for calculating carbon emissions across various hotel operations, including outsourced services like laundry. The methodology has been refined to ensure more accurate per-room and per-occupied-room metrics, taking into account factors like energy source and usage patterns that vary across regions. This update aligns with global decarbonization efforts and helps hotel operators better understand their carbon footprint.

HSBI 2024 Updates

The 2024 edition of the HSBI presents expanded geographic coverage, with data from over 27,000 hotels worldwide. The benchmarking data now spans 1,072 geographies, including more regions and climate zones, and is segmented by asset class, market segment, and hotel type. These updates enhance the ability of hotels to benchmark their performance against peers and make informed decisions to reduce their environmental impact. Key metrics such as energy consumption, water usage, and carbon emissions per occupied room are now presented in more granular detail, allowing for a more precise understanding of resource efficiency across different hotel categories.

For a detailed breakdown of these updates, please refer to the full 2024 report available through the Cornell University Center for Hospitality Research.

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