Trends and Innovative Practices by 2023 HICAP Sustainable Hotel Award Winners
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GreenView's Eric Ricaurte and Chelsea Wong, Consultant at Horwath HTL report on trends, innovations, and best practices from this year's HICAP Sustainable Hotel Award winners. The annual HICAP Sustainable Hotel Awards are designed to recognize hotels in the Asia Pacific region creating innovative new methods, strategies, and technologies to face today’s sustainable development challenge while providing tangible examples of sustainable best practices that can be replicated and adapted across the region.
The annual HICAP Sustainable Hotel Awards started in 2007 to recognize hotels in the Asia Pacific region creating innovative new methods, strategies, and technologies to face rising sustainable development challenges. More importantly, the award winners serve as tangible examples of sustainable best practices that can be replicated and adapted across the region. This year, there were 4 categories covering key areas of hotel investment, development, and operations, namely Building Renovation, Preservation, Adaptive Reuse and Conversion; Climate and Biodiversity Action; Positive Community Impact and Sustainable Design.
“Building Renovation, Preservation, Adaptive Reuse and Conversion” Award Winner - The Tamara Kodai, India
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HYB 2024 Hospitality ESG Edition
The global hospitality sector is at a crossroad when it comes to implementing sustainability.
Consumers demand
trustworthy information while regulators and investors expect transparent disclosure on
sustainability performance.
Owners, brands and managers aim to mitigate the sector’s footprint thus reaping the financial and
reputational
benefits. Industry players that fail to adopt a sustainability strategy or fall short in the
implementation stage may
struggle to remain competitive in the long term. Industry experts and researchers identify key areas
where
sustainable innovation can have the greatest impact, developing new technologies and solutions to
address
sustainability challenges, and creating policies and incentives that encourage the adoption of
sustainable practices.
The HYB 2024 Hospitality ESG Edition aims to unlock the sustainability innovation stack by
highlighting the
range and interconnectedness of sustainable technologies, systems, and practices that can be
combined in a holistic
way that creates a more sustainable hospitality ecosystem.
www.hotelyearbook.com/edition/esg-2024.html