news & features

8/19/2014

A Review of the New Dollar-Saving Tax Incentives Available to Hotel Owners

NATIONAL REPORT—There are a large number of new and updated tax incentives available to hotel owners. These benefits take the shape of conventional tax incentives, such as cost segregation, as well as incentives encouraging the saving of energy, like the alternative energy credits and the proposed extension of Section 179D, Energy Efficient Commercial Buildings Tax Deduction. If used in conjunction, these tax incentives can assist in reducing the cost of hotel ownership. Cost segregation is a method of accounting that allows for hotel owners to take advantage of the time value of money. Normally, building property is depreciated over 39 years, meaning owners are able to take an annual 1/39th tax deduction of an item’s cost over each of the 39 years. Cost segregation allows hotel owners to categorize some building property along faster depreciation schedules, such as personal property (5- or 7-year), land improvements (15 year) or soft costs (distributed evenly across all categories). This allows an owner to realize these deductions faster.

featured vendor video
Hotel Laundry Made Easy With UniMac®
UniMac

Length: 3:57

Hotel laundry made easy with UniMac--a Hampton Inn case study from Boulder, Colo.

publisher's point of view
As Summer Winds Down, Conference Season Heats Up

With the summer winding down it is time to make your reservations to attend this fall’s green conferences and trade shows. The first event on the calendar is the Mid-Atlantic Green Hospitality Conference from September 15 to 16 at Dover Downs Hotel & Casino in Dover, Del. The itinerary for the inaugural conference is still being assembled but many of the details can be found by clicking here. Highlights include a farm-to-fork dinner and many educational and networking opportunities with industry peers and suppliers. The Lodging Green + Sustainability Conference & Expo is set for October 28 to 30 at Aria Las Vegas. This will be the second year for the event and is once again being organized by Lodging Magazine. Assisting this year will be EcoGreenHotel, NEWH Green Voice, and Green Lodging News. Almost 50 speakers will present on topics ranging from waste management to corporate responsibility. There are three tracks for educational sessions: design, finance, and engineering.

guest column
An Analysis of the Many ‘Green’ Upsides to Adaptive Reuse Projects

Considered the largest sector of the travel and tourism industry, the hotel business will be increasingly challenged in its effort to keep up with demand without causing damage to the environment. There are various challenges that the hospitality sector faces with regards to green initiatives, including rapid growth in the travel industry, transient occupants, and long hours of operation. Nevertheless, strong efforts have been made throughout the industry to realize the environmental and financial benefits of upgrading existing buildings to improve energy efficiency, reduce water consumption, and improve the quality of the space in terms of air, noise and natural light. While innovative construction and design methodologies continue to optimize environmental performance in new-build developments, a significant contribution that the hotel industry is making in the area of sustainability is by making better use of pre-existing infrastructure.

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Green Lodging News is currently accepting reservations for this spot for the remainder of 2014. Each month you will reach almost 26,000 green lodging industry decision makers--owners, managers, designers, architects, directors of sustainability, and more. Be sure to call Glenn Hasek, publisher and editor of Green Lodging News at (813) 510-3868, or click below for more information.

green hotel focus
Starwood to Launch Dual-Branded Aloft & Element Hotel Development in Ohio

STAMFORD, CONN.—Starwood Hotels & Resorts Worldwide, Inc. announced plans for a dual-branded hotel development in Columbus, Ohio, featuring its Aloft and Element brands. Owned by Indus Hotels, the 136-room Aloft Columbus and 123-room Element Columbus will be located adjacent to The Ohio State University, minutes from downtown Columbus. Marking the debut of both the Aloft and Element brands in Columbus, the hotels are slated to open in early 2017. “Our fast-growing Aloft and Element brands are a perfect fit for the lively city of Columbus and will help meet the demand for high-caliber lodging generated by The Ohio State University and the city’s thriving business community,” said Brian McGuinness, Senior Vice President of Specialty Select Brands for Starwood.

upcoming events
Aug
21
Northern California Hotel & Lodging Conference
South San Francisco Conference Center

Thursday, August 21, 2014

Sep
14
American Lighting Association Conference
Omni Nashville Hotel

Sunday, September 14, 2014

Sep
15
Mid-Atlantic Green Hospitality Conference
Dover Downs Hotel & Casino, Dover, Del.

Monday, September 15, 2014

Sep
16
Minnesota Hospitality Expo
Saint Paul RiverCentre

Tuesday, September 16, 2014

personnel profile
Sanderling Resort Welcomes New Chef to Culinary Team

DUCK, N.C.—Sanderling Resort, the Forbes Four Star and AAA Four Diamond property on the Outer Banks of North Carolina, welcomes Chef de Cuisine John Botkin to the Lifesaving Station culinary team. The restaurant, which reopened last spring in conjunction with the property’s redesign, embraces the coastal Carolina region through its seafood-centric menu—a fitting destination for Chef Botkin and his expertise in seafood. At Lifesaving Station, Chef Botkin will continue the restaurant’s focus on S.O.A.L. cuisine—sustainable, organic, artisanal, and local—under the aegis of Executive Chef Jeffrey Russell. Menu highlights include the Grilled Carolina Grouper with hoppin john, smokey spinach, and maque choux; Sweet Onion Crusted Flounder with ravioli, mushrooms, sweet corn, and cajun butter sauce; and Shrimp and Grits with grilled North Carolina shrimp, surry sausage, Anson Mills grits, smoked tomatoes, and mushroom. “I’m excited to build menus around our S.O.A.L. cuisine concept,” says Botkin.

blog post
More on the Traceability of Feathers & Down
5 days ago

In my last blog post I wrote about a conversation I had with the founder and President of United Poultry Concerns in regard to the ethical concerns surrounding the procuring of feather and down products for use in pillows, duvets (comforters), etc. In a nutshell, I was told there is no real supply chain tracking of feathers and down. Since that blog post I learned about the Responsible Down Standard (RDS), a standard completed in January by The North Face, the American outdoor product company specializing in outerwear, fleece, coats, shirts, footwear, and equipment such as backpacks, tents, and sleeping bags. RDS, according to The North Face, is a tool that will provide a global standard through which the outdoor-gear retailer says any organization can evaluate and certify its full down supply chain. RDS was created to ensure that The North Face’s down does not come from animals that have been subject to any unnecessary harm.

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