Understanding ESG in the Hospitality Industry

Understanding ESG in the Hospitality Industry

Blog Article

Before diving into ESG advisory services, let’s break down what ESG means for hotel chains:
 Environmental: How hotels impact the planet (energy efficiency, water conservation, waste management).
 Social: How hotels interact with employees, guests, and communities (diversity, labor practices, customer experience).
 Governance: How hotels are managed (ethical business practices, transparency, regulatory compliance).

 Why It Matters?
 81% of travelers want sustainable accommodation options.
 Hotels that embrace ESG practices see higher guest loyalty and brand trust.
 Investors and stakeholders are increasingly looking at ESG performance before funding hotel projects.