In 2010, we began utilizing Energy Star Portfolio Manager, an online tool created by the Environmental Protection Agency, for every hotel in the portfolio.
The initiatives we implement across our portfolio aim to balance our conservation and preservation goals with our goal to reduce costs and add value for our shareholders. As a result, we have a direct interest in being able to understand and best utilize these resources –especially as our business continues to grow. They provide light in our lobbies, and air conditioning and heating in our guestrooms. Resources such as water and the fuels used to create energy are essential to every operation in a hotel. Changes in the planet's climate have the potential to impact our business as well as the communities in which our hotels operate.
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