Sustainability in the Travel and Tourism Industry
This report is the result of an extensive survey drawn from Canadian's exclusive panel of leading global travel and tourism industry executives. The report analyzes the current status of sustainable practices, and organizations views about significance of sustainable measures and green initiatives for business prospects over the next two years.
This report is the result of an extensive survey drawn from Canadian's exclusive panel of leading global travel and tourism industry executives. The report analyzes the current status of sustainable practices, and organizations views about significance of sustainable measures and green initiatives for business prospects over the next two years.
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SUSTAINABILITY IN THE TRAVEL AND TOURISM<br />
INDUSTRY: EMERGING TRENDS,<br />
ORGANIZATIONS APPROACH AND<br />
TRAVELERS VIEWPOINT<br />
Telephone :+1(503)894-6022<br />
Mail at =Sales@researchbeam.com
REPORT OVERVIEW<br />
Summary<br />
The majority of travel <strong>and</strong> tourism companies have already <strong>in</strong>itiated susta<strong>in</strong>able<br />
practices. The focus on reduc<strong>in</strong>g costs <strong>and</strong> improv<strong>in</strong>g efficiency, <strong>and</strong> m<strong>in</strong>imiz<strong>in</strong>g<br />
<strong>the</strong> carbon footpr<strong>in</strong>t, are encourag<strong>in</strong>g organizations to implement susta<strong>in</strong>able<br />
practices. <strong>Travel</strong> <strong>and</strong> tourism companies state that susta<strong>in</strong>able measures <strong>and</strong><br />
green <strong>in</strong>itiatives are important for <strong>the</strong>ir bus<strong>in</strong>ess prospects, <strong>and</strong> aim to utilize<br />
susta<strong>in</strong>ability to enhance br<strong>and</strong> awareness <strong>and</strong> <strong>in</strong>crease <strong>the</strong>ir competitive<br />
advantage. Despite <strong>the</strong> high costs <strong>in</strong>volved <strong>in</strong> implement<strong>in</strong>g susta<strong>in</strong>ability<br />
measures, susta<strong>in</strong>able practices reduce operational costs, decrease waste, <strong>and</strong><br />
enhance worker productivity, which ultimately boosts <strong>the</strong> overall profit marg<strong>in</strong> of<br />
travel <strong>and</strong> tourism companies. <strong>Travel</strong> <strong>and</strong> tourism companies strongly agree that<br />
consumers would pay 10% more to stay at a green lodg<strong>in</strong>g facility.<br />
http://www.researchbeam.com/susta<strong>in</strong>ability-<strong>in</strong>-<strong>the</strong>-travel-<strong>and</strong>-tourism-<strong>in</strong>dustryemerg<strong>in</strong>g-trends-organizations-approach-<strong>and</strong>-travelers-viewpo<strong>in</strong>t-market
KEY FINDINGS<br />
Improvement <strong>in</strong> efficiency <strong>and</strong> cost reductions are encourag<strong>in</strong>g organizations to<br />
implement susta<strong>in</strong>able practices<br />
The majority of organizations have implemented energy-efficient light<strong>in</strong>g <strong>and</strong> <strong>the</strong> regular<br />
monitor<strong>in</strong>g of electricity/gas/water consumption<br />
The highest percentage of executives forecast an <strong>in</strong>crease <strong>in</strong> <strong>the</strong>ir organization's<br />
profitability with <strong>the</strong> implementation of susta<strong>in</strong>able practices.<br />
The survey results reveal that 47% of executives ei<strong>the</strong>r strongly agree or agree to pay 10%<br />
more to stay at a green lodg<strong>in</strong>g facility.
IN PARTICULAR, IT PROVIDES AN IN-DEPTH ANALYSIS OF THE<br />
FOLLOWING:<br />
<br />
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<br />
<br />
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<br />
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Key drivers of susta<strong>in</strong>able practices <strong>in</strong> organizations: analyzes key factors which are <strong>in</strong>fluenc<strong>in</strong>g organizations<br />
to implement susta<strong>in</strong>able practices<br />
Prom<strong>in</strong>ence of susta<strong>in</strong>able measures <strong>and</strong> green <strong>in</strong>itiatives for future bus<strong>in</strong>ess activities: exam<strong>in</strong>es importance<br />
of susta<strong>in</strong>able measures <strong>and</strong> green <strong>in</strong>itiatives for bus<strong>in</strong>ess prospects over <strong>the</strong> next two years<br />
Projected change <strong>in</strong> susta<strong>in</strong>ability management budget: <strong>in</strong>dicates how executives expect <strong>the</strong>ir organization's<br />
susta<strong>in</strong>ability management budget to change over <strong>the</strong> next two years<br />
Potential impact of susta<strong>in</strong>able practices on organization's profitability: ascerta<strong>in</strong>s executives expectations<br />
about <strong>the</strong> impact on <strong>the</strong>ir organizations profitability due to adoption of susta<strong>in</strong>able practices<br />
Significant challenges towards implement<strong>in</strong>g susta<strong>in</strong>ability measures: identifies ma<strong>in</strong> barriers faced by<br />
organizations towards implementation of susta<strong>in</strong>ability measures<br />
Impact of susta<strong>in</strong>ability <strong>in</strong> travelers selection for hotels, transport <strong>and</strong> meals: exam<strong>in</strong>es how often do travelers<br />
consider susta<strong>in</strong>ability while choos<strong>in</strong>g hotels, transport <strong>and</strong> meals<br />
<strong>Travel</strong>ers viewpo<strong>in</strong>t about additional expenditure <strong>in</strong>curred: exam<strong>in</strong>es <strong>Travel</strong>ers op<strong>in</strong>ion about <strong>in</strong>curr<strong>in</strong>g<br />
additional cost for stay<strong>in</strong>g at a green lodg<strong>in</strong>g facility<br />
World's top susta<strong>in</strong>able hotel dest<strong>in</strong>ations: identifies globally preferred susta<strong>in</strong>able hotel dest<strong>in</strong>ations
REASONS TO FIND<br />
The report provides <strong>in</strong>formation about potential impact of susta<strong>in</strong>able practices on organization's<br />
profitability. This will help organization to develop future bus<strong>in</strong>ess plans<br />
The report assists readers <strong>in</strong> mak<strong>in</strong>g strategic decisions by underst<strong>and</strong><strong>in</strong>g <strong>the</strong> significance of susta<strong>in</strong>able<br />
measures <strong>and</strong> green <strong>in</strong>itiatives for bus<strong>in</strong>ess prospects over <strong>the</strong> next two years as highlighted by<br />
organizations<br />
The travel <strong>and</strong> tourism <strong>in</strong>dustry executives will be provided with level of implementation of green<br />
<strong>in</strong>itiatives <strong>and</strong> susta<strong>in</strong>ability practices<br />
The report highlights Impact of susta<strong>in</strong>ability <strong>in</strong> travelers selection for hotels, transport <strong>and</strong> meals, <strong>and</strong><br />
identifies travelers op<strong>in</strong>ion about <strong>in</strong>curr<strong>in</strong>g additional cost for stay<strong>in</strong>g at a green lodg<strong>in</strong>g facility<br />
The report helps <strong>in</strong>dustry executives to redesign bus<strong>in</strong>ess strategy by provid<strong>in</strong>g <strong>in</strong>formation about<br />
expected change <strong>in</strong> susta<strong>in</strong>ability management budget over <strong>the</strong> next two years <strong>and</strong> major barriers<br />
faced by organizations towards implementation of susta<strong>in</strong>ability measures
TABLE OF CONTENT<br />
Introduction<br />
Significance of green <strong>in</strong>itiatives <strong>and</strong> susta<strong>in</strong>ability practices<br />
Budget allocation for susta<strong>in</strong>able practices <strong>and</strong> its impact on organizations'<br />
profitability<br />
<strong>Travel</strong>ers view on select<strong>in</strong>g <strong>and</strong> spend<strong>in</strong>g on susta<strong>in</strong>able <strong>and</strong> green facilities<br />
World's top three susta<strong>in</strong>able hotel dest<strong>in</strong>ations
FIND MORE DETAILS<br />
http://www.researchbeam.com/susta<strong>in</strong>ability-<strong>in</strong>-<strong>the</strong>-travel-<strong>and</strong>-tourism-<strong>in</strong>dustry-emerg<strong>in</strong>gtrends-organizations-approach-<strong>and</strong>-travelers-viewpo<strong>in</strong>t-market/enquire-about-report<br />
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