- General operational cost inflation.
- Geopolitical factors (Russia-Ukraine conflict, Middle Eastern conflicts) impacting global tourism.
- Increased resort supply and reopening of alternative destinations affecting Maldives performance.
- Corporate travel demand yet to fully recover in Munich.
- Weaker event calendar in Munich compared to 2019.
CDL Hospitality Trusts
Greenhouse gas emissions & sustainability report data
Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2022 | 28.1K tCO2e/year |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Completed installation of solar panels at Angsana Velavaru and Raffles Maldives Meradhoo, generating 413 MWh of solar power in 2023.
- Upgraded air-conditioning and mechanical ventilation systems in majority of portfolio hotels, improving total system efficiency by 25%.
- Replaced single-use bathroom amenities with recyclable pump amenities.
- Option to skip daily housekeeping to reduce carbon footprint.
- The Lowry Hotel purchasing 100% renewable energy since 2018.
- Over 80% of portfolio value completed LED conversion project; remainder in progress.
🎯 Climate & Sustainability Targets
🔭 Long-term
- Net Zero Target by 2050
🌱 ESG Focus Areas
Climate ChangeRenewable EnergyEnergy EfficiencyWaste ReductionSustainable Tourism