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Book part
Publication date: 14 December 2023

Clare Hindley, Johanna van Stiphout and Willy Legrand

The search for luxurious hospitality experiences increasingly coincides with the imperative to mitigate negative impacts in the pursuit of greater sustainability. This is a task…

Abstract

The search for luxurious hospitality experiences increasingly coincides with the imperative to mitigate negative impacts in the pursuit of greater sustainability. This is a task often understood as being complex particularly in the context of luxury hospitality which often resonates with conspicuous consumption. This chapter uses a case study approach to analyze the complex relationship between luxury tourism and sustainability. The study focuses on the development of “luxury” from a materialistic perspective toward an experience economy and relates this to the concept of sustainability and agreements relevant to the tourism industry. The environmental impact of luxury hospitality is then discussed. The case study on properties in Costa Rica, South Africa, the Maldives, Vietnam, and French Polynesia focuses on philosophy, facilities, energy and waste consumption, food and beverage, conservational and educational activities, and alignment to the United Nations Sustainable Development Goals (UN SDGs). The focus is on the properties and shows limitations in that it is not applicable to the whole tourist journey and experience. All properties understand luxury as based on experiences and involvement in nature. Measures to mitigate environmental impact and foster conservational and educational activities are mainstream practices. Comparing the cases with academic literature on luxury, sustainability, ecotourism, and environmental policies underline that sustainability-driven luxury hospitality shows valuable steps toward a more sustainable product but is ultimately faced with the dilemma of taking into consideration and ultimately mitigating the impacts of the entire travel value chain.

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Advances in Hospitality and Leisure
Type: Book
ISBN: 978-1-83753-090-8

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Sustainable Real Estate in the Developing World
Type: Book
ISBN: 978-1-83867-838-8

Book part
Publication date: 22 August 2017

Amir Rahdari

Corporate governance has experienced numerous changes in chime with the exigencies of the time during which it has been introduced or the context in which it has been practiced…

Abstract

Corporate governance has experienced numerous changes in chime with the exigencies of the time during which it has been introduced or the context in which it has been practiced. Its gestation can be divided into three stages of development namely the traditional governance, the current transitional governance, and the upcoming sustainable governance. Traditional governance refers to the period hitherto the industrial revolution when corporations have not yet been formed, in today’s sense, but the governance structures were already in place in the existing entities at the time. Transitional governance refers to a period between the industrial revolution and the information age when corporations started to rise as a new economic entity. Reviewing the dominant corporate governance models are integral to understanding the transitional era. At the end of the transitional governance era, a transmogrification in corporate governance is underway to prepare itself for the coming age of sustainability. Sustainable governance integrates the principles of systems thinking and appreciates the complexity of decision-making environment, contrary to its former iterations that welcomed oversimplification of interactive messes (systems of problems). The objective of this chapter is to review corporate governance developmental transition toward sustainable governance and its role in the age of sustainability.

Book part
Publication date: 29 March 2021

Timothy Tunde Oladokun and Robert Ereola Shiyanbola

Sustainable features are gradually becoming important considerations by commercial real estate users. This is because of their considered impact in reducing operating costs and…

Abstract

Sustainable features are gradually becoming important considerations by commercial real estate users. This is because of their considered impact in reducing operating costs and potential at reducing the negative impacts of buildings on human health and the natural environment. This chapter sought to examine the demands for sustainable features by users of commercial real estate like offices in Lagos State, Nigeria. It also evaluated the factors influencing demand for them to achieve value for money and enhance real estate investment decisions. The quantitative research methodology was adopted, and primary data were collected via questionnaires distributed to 134 purposively selected estate surveying firms in the study area. Ninety-five representing (70.9%) were returned and found useable and were analysed with the aid of descriptive statistics of percentages, mean and relative willingness index. The study found that power/energy-saving features are in high demand as alternatives to the epileptic nature of power supply in the country. The study recommended the need for the government to encourage the adoption and incorporation of locally made sustainable features in commercial real estate and to subsidise them for use in the Lagos commercial real estate market. Thus, it is concluded that with the right environment created by policy makers, sustainable features in buildings have huge potentials to contribute to prevent environmental problems in an emerging commercial real estate market like Nigeria.

Details

Sustainable Real Estate in the Developing World
Type: Book
ISBN: 978-1-83867-838-8

Keywords

Content available
Book part
Publication date: 29 March 2021

Abstract

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Sustainable Real Estate in the Developing World
Type: Book
ISBN: 978-1-83867-838-8

Book part
Publication date: 1 January 2004

Ian D. Wilson, Antonia J. Jones, David H. Jenkins and J.A. Ware

In this paper we show, by means of an example of its application to the problem of house price forecasting, an approach to attribute selection and dependence modelling utilising…

Abstract

In this paper we show, by means of an example of its application to the problem of house price forecasting, an approach to attribute selection and dependence modelling utilising the Gamma Test (GT), a non-linear analysis algorithm that is described. The GT is employed in a two-stage process: first the GT drives a Genetic Algorithm (GA) to select a useful subset of features from a large dataset that we develop from eight economic statistical series of historical measures that may impact upon house price movement. Next we generate a predictive model utilising an Artificial Neural Network (ANN) trained to the Mean Squared Error (MSE) estimated by the GT, which accurately forecasts changes in the House Price Index (HPI). We present a background to the problem domain and demonstrate, based on results of this methodology, that the GT was of great utility in facilitating a GA based approach to extracting a sound predictive model from a large number of inputs in a data-point sparse real-world application.

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Applications of Artificial Intelligence in Finance and Economics
Type: Book
ISBN: 978-1-84950-303-7

Book part
Publication date: 29 March 2021

Benjamin Gbolahan Ekemode and Daramola Thompson Olapade

The purpose of this chapter is to investigate the adoption and use of building information modelling (BIM) for residential real estate development in Nigeria (using Lagos as a…

Abstract

The purpose of this chapter is to investigate the adoption and use of building information modelling (BIM) for residential real estate development in Nigeria (using Lagos as a case study), with a view to providing information towards improving BIM uptake, which could enhance sustainable housing delivery in the country. A quantitative research methodology was adopted involving the use of questionnaire survey to collect primary data. The data were obtained from private real estate developers in Lagos State. The self-administered questionnaire was distributed to all the 72 active real estate developers in the study area, and the response rate was 62.5%. The collected data were analysed using statistical tools such as frequency and percentages, mean rating and chi-square. The results revealed a low level of awareness and usage of the transformative and contemporary BIM technology (6D BIM version) by real estate developers. It was established that the 2D and 3D BIM traditional versions were the most utilised across the phases of real estate development process. It was also found that the level of BIM utilisation has a significant relationship with the age and asset base of the real estate developers. The chapter concludes by advocating increase in the asset base and organisational profile of real estate developers to enhance BIM adoption, especially, the 6D BIM, which could facilitate sustainable real estate development.

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Sustainable Real Estate in the Developing World
Type: Book
ISBN: 978-1-83867-838-8

Keywords

Book part
Publication date: 15 July 2009

Philip Sloan, Willy Legrand, Heli Tooman and Joachim Fendt

It is widely recognised that hotels, as important members of the global tourism value chain, have negative impacts on the environment. Many hoteliers feel the adoption of…

Abstract

It is widely recognised that hotels, as important members of the global tourism value chain, have negative impacts on the environment. Many hoteliers feel the adoption of environmental measures is expensive, with little commercial benefit. A further obstacle to improving hotels' green credentials is the perception that adapting staff attitudes and management operations to become more environmentally friendly is too complicated and produces only negligible results. The present study aims to create a snapshot of best practices in sustainability in the hospitality industry adopted by eleven hotels in Germany and Estonia. It also aims to contrast the development of sustainable management systems in these two European countries with different economies and cultures.

Details

Advances in Hospitality and Leisure
Type: Book
ISBN: 978-1-84855-675-1

Book part
Publication date: 25 July 2012

Susan Albers Mohrman, Abraham B. (Rami) Shani and Arienne McCracken

Purpose – This chapter frames the topic of organizing for sustainable health care in terms of the environmental trends that have rendered current health care approaches…

Abstract

Purpose – This chapter frames the topic of organizing for sustainable health care in terms of the environmental trends that have rendered current health care approaches unsustainable, the embeddedness of health care in society's triple bottom line, and the need to build adaptive capability within the complex health care ecosystem.

Design/methodology/approach – We synthesize documented trends and empirical findings regarding the viability of current approaches to health care, and provide a theoretically framed treatment of the adaptation process in the complex health care system that can lead to the emergence of sustainable approaches.

Findings – There is a misfit between current approaches to delivering health care and the requirements and trends in contemporary society. Fundamental transformation is required that entails a broadening of purpose, a future orientation, and a rethinking of how health care adds value and how it is embedded in society.

Originality/value – By reconceptualizing health care reform as intricately related to societal sustainability and the triple bottom line, we open the possibility of transcending a narrow focus on reengineering to create more efficient organizations and work processes that consume fewer resources and deliver greater value. We invite health care practitioners and scholars to rethink all the connections in the health care ecosystem, and the need to build in self-organizing capabilities and adaptive capacity. The cases in this book provide knowledge from systems engaged in fundamental transformation, analyzed through the lenses of theoretical frameworks that help us better understand essential dynamics involved in creating sustainable health care systems.

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Organizing for Sustainable Health Care
Type: Book
ISBN: 978-1-78190-033-8

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Book part
Publication date: 30 September 2010

Sabine Weiland

This chapter analyzes the building of environmental governance in two post-socialist countries of Southeastern Europe, Albania, and Croatia, with a focus on forest policy reforms…

Abstract

This chapter analyzes the building of environmental governance in two post-socialist countries of Southeastern Europe, Albania, and Croatia, with a focus on forest policy reforms. After the end of the socialist era, the countries have rapidly adopted new policies and legislation directed at sustainable forest management. The main driver of policy reform is the European and international influence. Yet the developments in the countries cannot be adequately described as a mere adoption of Western-style methods and solutions, as suggested in arguments on the catch-up development of transition states. The capacities needed in post-socialist countries to deal with environmental issues differ from those in industrial societies. On the contrary, there is no essentialistic link between environmental problems and solutions to these problems in post-socialist countries. The outline of the policy reforms in Croatia and Albania reveals very different approaches to sustainable forest management and different paths in the post-socialist transition process. It is argued that capacity development in forestry in transition states needs to be based on country-specific socio-political, economic, and cultural features to be successful.

Details

From Community to Consumption: New and Classical Themes in Rural Sociological Research
Type: Book
ISBN: 978-0-85724-281-5

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