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      Why this matters

      Singapore’s hotel industry is among the most energy-intensive sectors. With rising carbon taxes, evolving regulations, and growing guest expectations, the pressure to decarbonise is mounting.

      This white paper outlines a practical roadmap to help hotels transition to a low-carbon future—while staying competitive and compliant.

      Decarbonisation journey of Singapore’s hotels​


      5 key takeaways

      1

      Hotels are high emitters and under pressure

      Singapore hotels emit more CO₂ per square metre than commercial buildings. Regulatory targets and carbon pricing are tightening.

      2

      Hotel Management Agreements (HMAs)
      can drive change

      Green KPIs, certifications, and sustainability-linked incentives can be embedded directly into HMAs to align owner-operator interests.

      3

      Green financing is gaining traction

      Sustainability-linked loans and “green key money” offer cost-effective ways to fund retrofits and new builds, if the right data and certifications are in place.

      4

      A 3-phase roadmap leads the way

      From benchmarking emissions to implementing upgrades and tracking ESG progress, the roadmap offers a structured path to net-zero.

      5

      Collaboration is the catalyst

      Owners, operators, regulators, and guests must work together. The cost of inaction is rising, but so is the opportunity for leadership.

      6


      Get in touch

      Deven Chhaya

      Partner, Infrastructure Advisory

      KPMG in Singapore

      Lo Mun Wai

      Partner, Head of Real Estate

      KPMG in Singapore



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