Posts Tagged ‘Luxury Apartment’

Fulcrum Flash – Apartment Developers Seeing Green

Thursday, October 11th, 2012
October 2012
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The

Fulcrum Flash

Spotlight On: Apartment Developers Seeing Green

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Habitational Risks See Benefits of Green Movement

 

We hear a lot about the hotel and casino industries leading the forefront in adopting environmentally sound practices in an effort to “green” their facilities. Increasingly more, we are also hearing about the habitational industry turning green to meet the demand of consumers and reap its rewards.

 

For example, in this issue, one of our feature articles discusses the appeal of close-in multifamily projects for city dwellers who are looking for a sustainable lifestyle. They’ll pay more for a green residence, and developers are responding by building posh rental communities that encompass energy-efficiency units. But going green is not only for luxury apartments. In last month’s issue of Fulcrum Flash, we featured an article on how sustainable projects are cropping up in affordable multifamily projects as well.

 

The National Apartment Association (NAA) cites a number of key advantages for apartment developers and owners to go green, including: the ability to obtain fast-track permits in their jurisdictions; incentives such as the federal Energy Efficient Builder Tax Credit to offset some of the cost of some green building upgrades; the eventual lower costs garnered from using fewer materials and generating less waste; and establishing differentiation in the market place, which offers a competitive advantage when consumers are looking at renting an apartment. According to the NAA, apartment communities that promote features such as lower utility costs and better indoor air quality are seeing easier lease closings as well as higher occupancy rates and profitability.

 

Fulcrum with its AGPOM (the Association of Green Property Owners and Managers) program is helping the habitational industry gain traction in its effort to adopt green practices. AGPOM, a 501(c)(6) non-profit organization, helps property owners and managers realize the value of environmental-friendly pursuits while offering incentives that stimulate participation. Members of AGPOM have access to an insurance program that offers premium discounts in addition to many other key membership benefits.

 

To learn more about Fulcrum’s AGPOM program and how you can help support your habitational clients’ green efforts while providing them with a competitive insurance solution, please contact Dusty Rowland at 425.233.6464.

 

In This Issue
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Luxury Apartments Go Green
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Vegas Goes Beyond Glitz with Green Practices
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International Tourism, Gadgets Drive More Room Safes
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Overcoming the Use of Green Cleaning Products in Lodging Industry
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Hotels Targeting Women with Exclusive Floors
Quick Links
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About Us
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Our Expertise
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Fulcrum Programs
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AGPOM
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Risk Management
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Green Luxury Apartments
Luxury Apartment Living Goes Green

Source: MultiFamily Executive

 

Young professionals in urban settings throughout the country are looking for close-in, transit-oriented apartments that are as high-performance as they are luxurious. In fact, nearly one-fifth of them will pay more for a green residence, according to a recent survey, and developers are responding with posh rental communities that encompass energy efficiency, healthy indoor air, and a walkable lifestyle. Read more…


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Going Green
Las Vegas Hotels are Green and Glitzy

Source: Travel Weekly

 

One of the best-kept secrets is that Las Vegas is a “green city.” Thanks to the committed efforts of three of the city’s largest casino-resort operators, the Las Vegas Strip, that legendary bastion of glitz and neon, is actually a model community when it comes to sustainable environmental practices. Read more…

 

 

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Hotel Room Safes
International Guests and Gadgets Drive the Future of Room Safes

Source: Hotel Management.net

 

Increasing inbound international tourism to the United States and the gadgets guests bring with them are poised to drive the adoption of hotel room safes in the future.

 

“We’d very much like to see the U.S. catch up with the rest of the world with the expected influx of Chines tourists,” said John Foley, vice president of sales, Safemark Systems. “In Asia, safes are in 100 percent of the guestrooms, but in the U.S. there’s still a very high percentage of guestrooms that don’t have safes.” Read more…

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Overcoming Concerns Over Green Cleaning Products in Lodging Facilities

Source: Green Lodging News

 

The lodging industry has been at the forefront when it comes to implementing green cleaning. However, there are still a number of negative perceptions about green products that make it hard for some hotel administrators to accept them. In fact, some distributors of cleaning chemicals still report that in certain quarters, just the mention of green cleaning is enough to get the door closed in their face.

One possible concern that hotel administrators might have about green cleaning products involves costs. With the economy still tough in many parts of North America, discussing any product that might cost more than what is currently being purchased is taboo. This is followed very closely by another concern: performance. Do green cleaning products perform as well as their conventional counterparts? Some hotel administrators aren’t so sure. Read more…

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women only floor hotels
Women-Only Floors at Hotels Cater to Growing Market

Source: HotelNewsNow

 

Finding hotels that accommodate the specific needs of the female traveler can prove arduous. Recognizing that gap in the market, a growing number of hoteliers are now offering women-only floors that provide a safe environment for guests as well as a few special flourishes.

 

But the move is not unprecedented, said Stanley Turkel, a hotel and franchise consultant, and author of “Built to Last: 100+ Year-Old Hotels in New York.” Read more…

 

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Fulcrum Insurance Programs, Inc. is a program administrator and specialty insurance provider serving Real Estate, Hospitality, Habitational, and Casino insurance buyers on a national basis.

For more information, visit our website here!

Sincerely,

Dusty Rowland
President & CEO
Fulcrum Insurance Programs
P: 425-233-6464
E: drowland@fulcrumprograms.com

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Fulcrum Flash – Hotel Industry to Launch Standardized Approach to Carbon Measurement

Friday, June 1st, 2012
June 2012
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TheFulcrum Flash

Spotlight On: Hotel Industry to Launch Standardized Approach to Carbon Measurement

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Hotel Industry Unites on Carbon Footprint Measure Source: USA Today & the World Travel & Tourism Council

 

The hospitality industry is making news as a diverse group of hotel operators just announced timely collaboration on calculating their hotels’ carbon footprint. InterContinental Hotels Group, Hilton, Marriott, MGM Resorts and 20 other companies have agreed to adopt a uniform way to calculate their hotels’ carbon footprint, the World Travel & Tourism Council (WTTC) announced June 18th.

 

The group saw an opportunity to improve how the hotel industry communicates its impacts, according to the WTTC. Currently, approaches to measuring and reporting on carbon emissions vary widely. The WTTC said: “This can lead to confusion amongst consumers, particularly corporate clients, looking to understand their own potential carbon footprint and meet their own goals/targets in this area. In addition, the number of methodologies and tools in use make transparency of reporting within the hotel industry difficult to achieve.”

 

The Hotel Carbon Measurement Initiative (HCMI) undertaken jointly by WTTC and the International Tourism Partnership (ITP) has brought together 23 hotel companies to agree a common methodology for measuring carbon emissions.

The aim of the HCMI 1.0 methodology is to provide transparency and clear communications for the growing body of corporate clients who require such information as part of the annual RFP process. Developed by consultants at KPMG, under the guidance of a Working Group comprising of experts from WTTC and ITP Member companies, the methodology is a first step in ensuring a common approach across the sector.

 

David Scowsill, President & CEO of WTTC said, “WTTC has long been advocating that industry speaks with ‘one voice’. Through this initiative we have seen major hotel companies come together to agree a means of communicating carbon impacts which ultimately will result in more transparency and clarity for the consumer. HCMI has broken new ground in its industry driven approach and I congratulate the companies involved on their leadership in ensuring this important initiative comes to fruition. We expect this industry common language to be widely used within the next two years.”

 

Fulcrum’s Already Helping Hotels Go Green

 

Fulcrum’s Hotels & Resorts program, along with the Association of Green Property Owners and Managers (AGPOM), a 501(c)(6) non-profit organization, helps property owners and managers realize the value of environmental-friendly pursuits while offering incentives that stimulate participation. Members are able to leverage many “green” benefits without making large investments in technology or manpower. Fulcrum maintains exclusive rights to serve the insurance needs of AGPOM membership, and has the ability to offer AGPOM membership to new customers as part of our value-added insurance platform.

 

For more information about our Fulcrum for Hotels & Resorts program and AGPOM, please click here. You can also contact Dusty Rowland at 425.233.6464.

 

In This Issue
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Condo-Hotels Gaining Traction
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Funding Energy-Efficient Retrofits
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Girlfriend Getaways on the Rise
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Hospitality Industry & Privacy Issue
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Consumers Plan Summer Travel
Quick Links
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About Us
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Our Expertise
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Fulcrum Programs
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AGPOM
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Risk Management
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Condo-Hotels Reshaping Luxury MarketSource: Miami Herald

 

From Brickell to Miami Beach, Hollywood to Palm Beach, condominium hotels are reshaping the luxury, waterfront landscape. In the process, they’re changing the way developers, investors, hoteliers and even residents and prospective buyers view residential product offerings.

Read more…

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Funding Energy Efficient Retrofits and Overcoming Uncertainty
Source: CoStar Group 

It has become increasingly evident to those in the commercial real estate industry that improving building energy performance and making other sustainable and green improvements can impact property values and balance sheets. To some degree, building owners find themselves caught in a ‘Catch 22′ situation. On one hand, buildings that are slow to adopt these changes and implement green retrofits and more efficient operations are seen as being at a competitive disadvantage in the market. On the other hand, lenders willing to finance such green improvements are few and far between. Read more…

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Hotel Girls Getaway Trips
Trending: Girlfriend GetawaysSource: Travel Weekly

 

Are staycations a thing of the past for the high-end girlfriend getaway market? Not, according to a recent survey of the segment by TripAdvisor. Nearly a third of respondents, or 31%, say they plan to increase the amount they will spend on leisure travel in 2012; that increase is as high as $10,000 or more for 21% of respondents.

Nearly a quarter of those surveyed were planning to take a trip with female or male friends this year, up from 22% in 2011. That hotels and resorts are well aware of this uptick in luxury girlfriend getaways is evident in the wave of packages for women who want to leave the stresses of kids and work behind and hang out with each other. Read more…

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Privacy HotelsManaging Privacy Concerns in a Modern Workplace

Source: 4Hoteliers
Privacy can be an elusive goal; in today’s world, the Internet allows us an almost unlimited access to information, yet, the more information that becomes available, the more the insatiable desire grows for still more detail on a moment’s notice.

Unless your name ends in “ardashian,” however, you likely still crave some semblance of privacy. The crossroad between these competing two forces can create issues for employers in today’s society.

Read more…
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Summer travelConsumer Confidence Up as We Head into Summer TravelSource: HotelNewsNow.com

 

The data trackers continue to be optimistic about steady gains in U.S. travel, including Deloitte & Touche LLP, which pointed to rising consumer confidence and increased business spending as evidence.

 

Adam Weissenberg, vice chairman of and global leader of U.S. tourism, hospitality and leisure for Deloitte, said consumer confidence regarding summer travel has been positive since Memorial Day. Respondents to a Deloitte survey indicated in May they were more eager to take a vacation than they were in May of 2011, he said. Read more…

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Fulcrum Insurance Programs, Inc. is a program administrator and specialty insurance provider serving Real Estate, Hospitality, Habitational, and Casino insurance buyers on a national basis.For more information, visit our website here!

Sincerely,Dusty Rowland
President & CEO
Fulcrum Insurance Programs
P: 425-233-6464
E: drowland@fulcrumprograms.com
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