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Hilton Los Angeles/Universal City Completes $7 Million In Sustainable Upgrades; Largest Pace Project In The U.S.
Mayor Eric Garcetti and Hilton Global Head Rob Palleschi to Participate in Celebration
February 10, 2014LOS ANGELES -
Hilton Los Angeles/Universal City PACE event held on January 28, 2014 was an event to remember. Hilton Los Angeles/Universal City was recognized by Los Angeles Mayor Eric Garcetti for its completion of the largest PACE (Property Assessed Clean Energy) project in the nation. The ribbon cutting ceremony, where a duplication of the property's annual electric bill served as the ribbon, was attended by Rob Palleschi, Global Head, Hilton Hotels & Resorts, Willie Brown, former San Francisco Mayor, and other project partners. The PACE project upgrades included more than $7 million of green building retrofits that will lead to annual energy, material and maintenance savings of $800,000 and water savings of $28,000.
The comprehensive sustainability project includes energy efficiency glass installations and new LED lighting that will reduce energy consumption by a whopping 50 percent. Additionally, the property installed 500 low-flow shower heads, 250 new bathtubs with showers, elevators and more. In addition, Hilton Los Angeles/Universal City will receive utility rebates and tax incentives of approximately $1 million. The property is an industry-leader for sustainability in Los Angeles County due to the project's significant energy and water reductions and cost savings.
"As Hilton Worldwide's flagship brand, Hilton Hotels & Resorts has made corporate responsibility and sustainability a priority for every hotel in our portfolio," said Rob Palleschi, Global Head, Hilton Hotels & Resorts. "With more than 550 hotels across six continents, our opportunity to contribute to the communities where we operate and reduce our impact on natural resources is significant. The Hilton Los Angeles/Universal City renovation shows just how impactful sustainability can be, and we thank PACE, the City of Los Angeles and Los Angeles County for joining together to support this environmentally-enhancing initiative."
Hilton Worldwide understands the impact its business can have on communities and the environment. In 2009, Hilton Worldwide developed five-year sustainability goals to reduce energy consumption, carbon and waste output by 20 percent, and water use by 10 percent. The company has already achieved its waste and water reduction goals and is on its way to reaching energy use and carbon output targets. It also created LightStay!, a proprietary system of measurement that calculates sustainability performance across its portfolio of hotels.
In Los Angeles County, PACE financing is available to commercial, industrial and multi family property owners to pay for building improvements that save energy or create renewable energy onsite. Hilton Los Angeles/Universal City took advantage of this fixed rate, creating the largest commercial PACE project ever. The County formed a team of PACE experts in late 2012 to assist building owners and this is the second project to be fully completed. There are currently 35 PACE financing applications in the County's project pipeline, equaling more than $36 million worth of sustainable upgrades.
"Los Angeles is proud to be home to the largest PACE project on record, and home to a green destination for our visitors," said Mayor Eric Garcetti. "Hilton Worldwide is setting the stage for green building upgrades in our community, and we hope other commercial properties will look to this project as a prime example of ways to save both money and greenhouse gas emissions."
The media event was followed by a 200-person luncheon to recognize those project partners that made this project a success. The theme of the event was "Green," with succulents serving as centerpieces and soy-based paint paperweights as takeaways for attendees.
"The interest and commitment to sustainable energy and saving Earth's resources are largely due to being informed," said Mark Davis, general manager of Hilton Los Angeles/Universal City. "It was a great opportunity to share how PACE empowered our decision to commit to this responsible effort. We are grateful for the professionals who supported and collaborated to make this project a reality."
Media can access additional information about Hilton Los Angeles/Universal City at www.hiltonuniversal.com.
Hilton Los Angeles/Universal City
1 818 506 2500
About Hilton Hotels & Resorts
For nearly a century, Hilton Hotels & Resorts has been proudly welcoming the world's travelers. With more than 570 hotels across six continents, Hilton Hotels & Resorts provides the foundation for memorable travel experiences and values every guest who walks through its doors. As the flagship brand of Hilton, Hilton Hotels & Resorts continues to set the standard for hospitality, providing new product innovations and services to meet guests' evolving needs. Hilton Hotels & Resorts is a part of the award-winning Hilton Honors program. Hilton Honors members who book directly through preferred Hilton channels have access to instant benefits, including a flexible payment slider that allows members to choose nearly any combination of Points and money to book a stay, an exclusive member discount that can’t be found anywhere else, free standard Wi-Fi and digital amenities like digital check-in with room selection and Digital Key (select locations), available exclusively through the industry-leading Hilton Honors app. Begin your journey at www.hilton.com and learn more about the brand by visiting news.hilton.com or following us on Facebook, Twitter and Instagram.