THE IMPACT OF ESG PRINCIPLES ON THE HOTEL INDUSTRY
DOI:
https://doi.org/10.5281/zenodo.17994097Keywords:
ESG, sustainability, hotels, tourism, corporate governance, social responsibility, hospitality industry, Uzbekistan, environmental managementAbstract
ESG concepts are now essential for strategic decision-making, operational management, and investment
allocation in the worldwide hotel business. As climate change accelerates and social expectations shift, hospitality firms are
under unprecedented pressure to decrease environmental impact, improve labor conditions, and strengthen governance
processes. This research investigates how ESG frameworks affect hotel performance, stakeholder participation,
competitiveness, financial results, and long-term resilience. The article examines the operational advantages of ESG
adoption using academic research, industry data, and sustainability case studies, such as reduced resource consumption,
increased staff involvement, improved customer satisfaction, and increased access to green finance. Governance
improvements, including as transparency, risk management, and ethical compliance, help to strengthen organizational
credibility and investor trust. Emerging economies, such as Uzbekistan, provide fresh insights into how tourist expansion
intersects with ESG adoption problems and potential. The findings indicate that ESG integration is no longer optional, but
rather a strategic essential for hotels seeking future competitiveness and conformity with worldwide sustainability norms.
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