HYB 2024 Hospitality ESG Edition is all about Unlocking the ESG Innovation Stack in Hospitality. In today’s competitive environment, ESG lies at the core of business strategy. Crucial to advancing sustainability is to leverage innovation which offers vast opportunities to mitigate impacts, and adapt to changing socio-economic and environmental conditions but also to engage in a regenerative, net positive approach. The field of sustainable innovation is ripe for exploration.
Thus, the "innovation stack" refers to a collection of technologies, methods, and strategies that, when effectively combined, can revolutionize the way the hospitality industry operates. Considering the convergence of global systemic risks expanding this innovation stack can ultimately lead to more resilient, adaptive, and future-ready hospitality businesses.
ESG also translates into an immense pressure to commit to performance: investors expect ESG data, regulators require transparent ESG disclosures, distributors and guests desire trustworthy information.
However, unlocking this innovation stack requires understanding the unique challenges faced by the hospitality industry, and developing tailored solutions. The key lies not just in individual practices, but equally in the access, scalability, and application throughout the value chain.
HYB 2024 Hospitality ESG Edition is all about Unlocking the ESG Innovation Stack in Hospitality. In today’s competitive environment, ESG lies at the core of business strategy. Crucial to advancing sustainability is to leverage innovation which offers vast opportunities to mitigate impacts, and adapt to changing socio-economic and environmental conditions but also to engage in a regenerative, net positive approach. The field of sustainable innovation is ripe for exploration.
Thus, the "innovation stack" refers to a collection of technologies, methods, and strategies that, when effectively combined, can revolutionize the way the hospitality industry operates. Considering the convergence of global systemic risks expanding this innovation stack can ultimately lead to more resilient, adaptive, and future-ready hospitality businesses.
ESG also translates into an immense pressure to commit to performance: investors expect ESG data, regulators require transparent ESG disclosures, distributors and guests desire trustworthy information.
However, unlocking this innovation stack requires understanding the unique challenges faced by the hospitality industry, and developing tailored solutions. The key lies not just in individual practices, but equally in the access, scalability, and application throughout the value chain.
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