Hotel Yearbook Article HYB 2024 Hospitality ESG Edition

Trends and Innovative Practices by 2023 HICAP Sustainable Hotel Award Winners

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...

Eric RicaurteChelsea Wong
By Eric Ricaurte and Chelsea Wong
Eric RicaurteChelsea Wong

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.

Eric Ricaurte
Eric Ricaurte
Founder, Greenview

Eric Ricaurte is the founder of Greenview, an international consultancy helping travel and tourism catalyze innovation and best practice through strategy, programs, data management, and reporting. With 20 years of hands-on experience, Eric is a frequent speaker, convener, and researcher on the topic of sustainability, having launched several collaborative industry initiatives.

Chelsea Wong
Chelsea Wong
Consultant, Horwath

Chelsea Wong graduated from the Chinese University of Hong Kong, holding a bachelor's degree with first class honor in Hotel and Tourism Management. After graduation, Chelsea joined Swire Hotels as their management trainee.

Horwath
Consultant

At Horwath HTL, our focus is one hundred percent on hotel, tourism and leisure consulting. Our services cover every aspect of hotel real estate, tourism and leisure development. Our clients choose us because we have earned a reputation for impartial advice that will often mean the difference between failure and success. Each project we help is different, so we need all of the experience we have gained over our 100-year history.