How can a small business generate substantial positive impacts? In conversations with SMEs and family businesses, I often receive questions such as how and why implement the strategy of sustainability and regenerative practices in hotels? Why is it vital to rethink the impact of hotels and hotel chains? Innovation By implementing sustainability plans from an […]
Hospitality is a Peculiar Business
Peculiar because it generates, above all, “interpersonal” relationships and all the service it provides must be, in the first place, a constant act of “giving”. We “sell” hospitality and this is an art that translates into providing a service that evolves every day and that daily requires professional support that benefits from a lot of […]
Why are Environmental Social and Governance criteria so Important for Hotels?
Sustainable Hospitality The Post-Covid ScenarioThe easing of restrictions has led to travel levels at pace again. Also, in the EMEA region, room rates are back to what we saw in pre-pandemic and hoteliers must keep driving rates to compensate for inflation costs. We have a triple planetary crisis relating to climate, pollution, and nature. It […]
Sustainability: Global Measures vs. Regional Application
Among global experts on Sustainable Hospitality, there seem to be two coexisting, and sometimes contradictory, concepts for structuring sustainability measures. On the one hand, there is a call to follow and comply with globally recognized standards and certification schemes (e.g. CSR or ESG), which defend the ability to measure performance vs. proposed objectives; promoting transparency […]
ESG Sustainability – Environmental, Social and Governance -Criteria in Hospitality.
How can capital allocation transform the hospitality business for the better? Practical implications for Environmental, Social and Governance (ESGs) criteria in Hospitality. Hospitality businesses implementing a sustainability strategy, starting their Environmental, Social, and Governance (ESG) non-financial reports should consider the advances of the European Financial Reporting Advisory Group EFRAG and European regulation. Many companies have […]
Sustainability in Tourism requires Requalification
I believe that we still need more international and national investment to finance new hospitality units’ projects. However, I also believe that they should rethink their location, avoiding regions that are completely saturated regarding hotel accommodation. Our country is so rich and still we have regions that need tourism as a lever for many other […]
Michelin Green Stars: The Sustainable Luxury Stars.
New Year, New Stars! 2021 ended with a Michelin Gala that awarded new restaurants the famous red and white star of Gastronomic excellence (with some surprises when it comes to new awardees). But the big news at the end of the last year was not the attribution of this traditional award, but who was amongst […]
Human Rights & Hospitality
What means for hospitality businesses the Business and Human Rights Roadmap established by the UN Working Group for the Next Decade? December 10th was International Human Rights Day. It marks the day in 1948 when the United Nations General Assembly adopted the Universal Declaration of Human Rights (UDHR). The United Nations Working Group on Business […]