In future, the EU will use the Carbon Risk Real Estate Monitor (CRREM) to record the emissions of individual property types. The hotel industry has managed to be recognised and treated sensitively as an asset class in its own right. It has secured customised benchmarks. Serious investors and asset managers know this: Saving CO2 is definitely more profitable than sitting on stranded assets.

The UN Conference on Biological Diversity COP16 came to a premature end because they were unable to agree on funding for species conservation. There was some progress, but the rifts between the countries tended to deepen.

Investors and asset managers would like more clarity on Article 8 and Article 9 funds in the Taxonomy Regulation. In addition, they criticise the high consulting costs involved in assessing ESG risks, which forces them to call in external experts.

Bund für Umwelt und Naturschutz Deutschland (BUND) is the first organisation in the world to bring an action before a supreme court for better nature conservation legislation.

In 2022, 1.05 bn tonnes of food were wasted. This not only causes enormous emissions, but also high costs. The number of initiatives and guidelines on this topic is increasing in the hotel and catering industry. 

Together for a good cause: Six Senses invites hotel colleagues to a webinar on plastic-free hotel operations. The group, a pioneer of the sustainability wave, is happy to share its knowledge with colleagues and also provides the accompanying manual with practical tips. 

Exploring Paris by bike / Coffee grounds become soap / Helsinki most sustainable destination / KlimaLink platform calculates travel emissions / Switzerland: 2nd Sustainable Tourism Days

The global loss of biodiversity is continuing apace. Species diversity dwindles and genetic diversity is in decline. The current "Biodiversity fact check" provides an inventory for Germany. 

There are positive trends, but the desire for sustainable travel is just as great as the desire for air travel. Sustainability is still rarely the deciding factor when it comes to holiday travel. Frustrating: The gap between attitude and behaviour is widening, especially among young people. This and more is shown by the holiday travel behaviour of Germans.  

With the recent acquisition of budget hotel brand G6 (Motel 6 and Studios 6) in the US, OYO is signalling to the market that they are back. Its founder, Ritesh Agarwal, who is looking for cash, promises more tech, more hotels, and triple profits by 2025.