Sustainability in the Travel and Tourism Industry: Emerging Trends, Organizations Approach and Travelers Viewpoint

Sustainability in the Travel and Tourism Industry: Emerging Trends, Organizations Approach and Travelers Viewpoint

Code: CAN-TT4460PR | Published: Apr-2015 | Pages: 36 | Canadean
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"Sustainability in the Travel and Tourism Industry: Emerging Trends, Organizations Approach, and Travelers Viewpoint" is a new report by Canadean that globally analyzes organization opinions regarding key drivers of sustainable practices. The report also highlights the prominence of sustainable measures and green initiatives for future business activities, and examines the level of implementation of the same within organizations. In addition, the report identifies the impact of sustainability in the travelers selection for hotels, transport, and meals, and indicates expected changes in sustainability management budgets over the next two years.

Key Findings
- Improvement in efficiency and cost reduction are encouraging organizations to implement sustainable practices

- Sustainable measures and green initiatives are important for business prospects over the next two years

- The majority of organizations have implemented the regular monitoring of electricity/gas/water consumption, and the use of energy-efficient lighting

- The majority of executives forecast an increase in their organizations profitability with the implementation of sustainable practices

- Overall, 64% of respondents indicate the high costs involved in implementing sustainability measures as their key barrier

- Executives highlight the US, Norway, and Sweden as the worlds top three sustainable hotel destinations

Synopsis
This report is the result of an extensive survey drawn from Canadeans exclusive panel of leading global travel and tourism industry executives. The report analyzes current status of sustainable practices and organizations views about significance of sustainable measures and green initiatives for business prospects over the next three years. The report also highlights important factors influencing implementation of sustainable practices in organizations and examines potential impact of sustainable practices on organizations profitability. In addition, the report indicates major barriers towards implementation of sustainability measures and identifies preferred sustainable hotel destinations globally.

In particular, it provides an in-depth analysis of the following:

- Key drivers of sustainable practices in organizations: analyzes key factors which are influencing organizations to implement sustainable practices

- Prominence of sustainable measures and green initiatives for future business activities: examines importance of sustainable measures and green initiatives for business prospects over the next two years

- Projected change in sustainability management budget: indicates how executives expect their organizations sustainability management budget to change over the next two years

- Potential impact of sustainable practices on organizations profitability: ascertains executives expectations about the impact on their organizations profitability due to adoption of sustainable practices

- Significant challenges towards implementing sustainability measures: identifies main barriers faced by organizations towards implementation of sustainability measures

- Impact of sustainability in travelers selection for hotels, transport and meals: examines how often do travelers consider sustainability while choosing hotels, transport and meals

- Travelers viewpoint about additional expenditure incurred: examines Travelers opinion about incurring additional cost for staying at a green lodging facility

- Worlds top sustainable hotel destinations: identifies globally preferred sustainable hotel destinations

Reasons To Buy
- The report provides information about potential impact of sustainable practices on organizations profitability. This will help organization to develop future business plans

- The report assists readers in making strategic decisions by understanding the significance of sustainable measures and green initiatives for business prospects over the next three years as highlighted by organizations

- The travel and tourism industry executives will be provided with level of implementation of green initiatives and sustainability practices

- The report highlights Impact of sustainability in travelers selection for hotels, transport and meals, and identifies travelers opinion about incurring additional cost for staying at a green lodging facility

- The report helps industry executives to redesign business strategy by providing information about expected change in sustainability management budget over the next two years and major barriers faced by organizations towards implementation of sustainability measures

Table of Contents

Introduction
Definitions
Methodology and sample size
Respondent profile Significance of green initiatives and sustainability practices
Current status of sustainable practices within organizations
Key drivers of sustainable practices
Importance of sustainable measures and green initiatives
Level of Implementation of green initiatives and sustainability practices Budget allocation for sustainable practices and its impact on organizations profitability
Projected change in sustainability management budget
Change in organizations profitability due to adoption of sustainable practices Travelers view on selecting and spending on sustainable and green facilities
Major barriers towards implementation of sustainability measures
Role of sustainability in travelers selection for hotels, transport and meals
Travelers view on incurring additional cost for staying at a green lodging facility Worlds top three sustainable hotel destinations
Appendix
Hotel Stadthalle ,
Whitbread PLC ,
InterContinental Hotels Group ,
The Lufthansa Group,
Movenpick Hotels & Resorts,
Chatrium Hotels and Residence

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c. Global Site License:
A Global Site License (or Enterprise wide Site License or Global License) is a license granted to original purchaser, who can share a report with other employees and authorized Users of the same organization.

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