ADR, RevPAR Grow for Fifth Consecutive Quarter

The hotel industry continued to improve performance in Q2 2012, with average daily rate (ADR) as the primary driver of RevPAR growth for the fifth consecutive quarter, up 5.3 percent compared to the same time last year, according to the TravelClick North American...

Hilton Worldwide Reduces Waste Output by 20 Percent

Hilton Worldwide is two years ahead of schedule in achieving its five-year goal to reduce waste output by 20 percent. Since introducing its sustainability measurement system called LightStay, the company has reduced carbon output by 10.9 percent, waste output by 23.3...

Hotels Bolster Capital Expenditures in 2012

The U.S. hotel industry is on track to invest $5 billion this year in capital expenditures, according to a new report from Bjorn Hanson, divisional dean of the Preston Robert Tisch Center for Hospitality, Tourism, and Sports Management, NYU School of Continuing and...

DuPont Receives Accolades for Stewardship Efforts

DuPont has received recognition for its sustainability initiatives. The 2012 North America Dow Jones Sustainability Index, which measures the performance of publicly traded sustainability leaders worldwide, named the manufacturer on its list. Companies are selected...