Circular Economy

Abstract

All the major industries are shifting from the linear economy to circular economy that aims at how the generated water can add value to the industry by modifying the production and consumption of the resources. The hospitality industry is also touched by this change. Hospitality and tourism industry have experienced an extraordinary growth in the recent decade, which has catalyzed the requirement of the hotels, which in turn has made people think about the serious issue of water generation in the hotels. Kitchen, storage and lodging area of hotels are considered to generate a large amount of waste, and hence makes it one of the primary sources of waste origination. So, this research focuses on the major difficulties and opportunities that hotels encounter by adopting this transformation. This research article sketches the prominence of sustainable practices in the hotel industry and provides insights to the circular economy practices embedded in the business planning and operations of the selected hotel chains. This research is exploratory in nature and embraces multiple business case analysis for specific selected hotel chains and focuses only on physical parameters. The focus of the study is on physical parameters, and thus through the various hotel cases, the best sustainable practices have been analyzed and presented. This research can work as guidelines for the hotel chains to equate the circular economy practices implemented by other chains. This research can also provide policy makers to focus on exploring new practices of circular economy to support the environment.