Worldwide, travel to attend international meetings, incentives, conferences, and exhibitions held in business and cosmopolitan cities has a significant importance for the tourism global market, contributing to income diversification for both companies and national economies. In 2022 the global business travel spending accounted 1.03 trillion U.S. dollars, and for 2024 is projected to reach around 1.5 trillion dollars, thus surpassing the pre-Covid pandemic period when the expenditure of business tourists worldwide was 1.43 trillion dollars. Business tourism is considered the most efficient segment of the travel industry, besides the contribution to the growth in gross domestic product, MICE sector positive effects include the mitigation of tourism seasonality, encouraging the growth of business infrastructure – airports, hotels, congress centers and exhibition halls – promotion of tourism destination image and transmission of know-how. Under these circumstances, this paper aims to...
Category - Roxana Elena POPȘA
Lucian Blaga University of Sibiu, Romania, ORCID: 0009-0007-8691-7811
Hotel industry has been identified as one of the vital sectors that can have a major contribution to the achievement of the three pillars of sustainable development (social-economic-environment), thus having the ability to direct communities towards a green economy. With increasing environmental awareness, hotels are taking the initiative to offer greener products and services. Various green attributes are incorporated into hotels, such as participation in environmental partnerships or certification programs, use of recycling programs, energy-saving light bulbs in rooms. Under these circumstances, this paper aims to analyze the importance of hotel sustainability for the global development of the industry, while also presenting the most important sustainability and decarbonization topics among accommodation businesses and the reasons for which global travelers choose sustainable lodging.
Tourism is a mass phenomenon, and as a result, the number of accommodation capacities has increased enormously in recent years, especially in hotel groups, whether integrated or voluntary. Currently, a large part of hotel chains has subsidiaries around the world and covers major aspects of international tourism demand through their own distribution systems. Under these circumstances, this paper aims to analyse the global evolution of the main hotel chains, while also presenting performance issues, including average daily rate (ADR), and occupancy rate.
