News & Stories
After more than a decade of financial losses, the Pierre & Vacances Center Parcs Group (PVCP) is on the rise again. The success of the group's strategic pivot towards premium offerings is part of Franck Gervais' "Re-Invention" plan. hospitalityInside talked to the CEO about the new strategy that has paid off in less than four years.
The obligation to offer reusable drinks, which was introduced two years ago, is largely ignored by large catering chains. Environmental organisation Deutsche Umwelthilfe has uncovered new violations and is calling for prompt improvements from politicians.
At first, three university friends from Kassel operated 15 Airbnb apartments successfully, then a hackathon made them change their minds: They decided to operate honest, sustainable serviced apartments and hotel rooms in old and already existing buildings. Where the locals go out. And where family offices can see their capital transform into alternative energies and recycled chairs. The young company is named stay awesome.
The world is producing more plastic than ever before - 414 million tons of the stuff in 2023. With devastating consequences for the environment. Six Senses is setting a good example, consistently striving for plastic-free hotel operations for its resorts and it’s not stopping there. The luxury lifestyle group shared its key learnings with colleagues.
The next generation wants a sustainable life. Today, they can present their ideas after a global competition in Saudi Arabia - organised by Hotelschool The Hague (HTH) for the past ten years. The synergies are there, HTH wants to expand the Sustainable Hospitality Challenge even further. Three students - the leaders of the future? - reveal what they invented and how they trembled.
Has COP29 truly laid the groundwork for transformative change? While the conference sought to bridge the gap between ambitious climate goals and concrete progress, questions remain. Tourism and hospitality are significant players in environmental impact - and will speak a new language soon: the Universal Sustainability KPIs.
Normally, when we talk about a budget, we think of the distribution of financial resources. The "Global Carbon Budget" is about CO2 emissions for the current year. Unfortunately, this has already been exceeded. But there are also positive trends.
In future, the EU will use the Carbon Risk Real Estate Monitor (CRREM) to record the emissions of individual property types. The hotel industry has managed to be recognised and treated sensitively as an asset class in its own right. It has secured customised benchmarks. Serious investors and asset managers know this: Saving CO2 is definitely more profitable than sitting on stranded assets.
The UN Conference on Biological Diversity COP16 came to a premature end because they were unable to agree on funding for species conservation. There was some progress, but the rifts between the countries tended to deepen.
Investors and asset managers would like more clarity on Article 8 and Article 9 funds in the Taxonomy Regulation. In addition, they criticise the high consulting costs involved in assessing ESG risks, which forces them to call in external experts.