Deloitte’s research reveals a compelling trend: a staggering 95% of business travelers advocate for the hotel industry to adopt green sustainable energy practices. This has led to Property Improvement Plans (PIPs) geared toward these endeavors, putting more pressure on hotel owners to refinance their existing mortgages or use equity to fund these required improvement plans.  As a result, hotel proprietors are faced with the significant challenge of either securing additional financing to refinance their existing loans or tapping into their equity reserves to fund these vital improvements. Enter C-PACE, a refreshing financing program that offers a solution to the daunting costs associated with implementing these PIPs, without necessitating the refinancing of current mortgages. C-PACE uniquely finances the eco-friendly components of PIPs, covering expenses for advancements such as water-saving low-flow fixtures, cutting-edge LED lighting systems, high-efficiency insulating windows, and sophisticated automated energy management controls. This approach significantly alleviates the equity strain on hotel owners. Furthermore, C-PACE enables property owners to redistribute the cost of these upgrades to their patrons through the implementation of a “green tax” or “sustainability fee.”