June 21, 2022
These last few months have been a busy time for the hospitality industry worldwide. Travel is back, hospitality is back, but not without its challenges. As we noted in our last newsletter, energy price rises, general inflation and wage inflation are the new norm for the foreseeable future. However, hotel owners and operators have their heads up once more, no longer worrying about survival, but thinking about how best to position their business to meet these latest challenges. What should their strategy be, how should they retain and motivate staff, how do they deal with rising prices and where does ESG stand in their list of priorities?
For our part, Considerate Group has been busy. Demand for our services has soared as owners and operators wrestle with the ESG conundrum, working out how best to address ESG and make it work for them. We have been shaping the conversation at a number of international conferences, where ESG has been top of the agenda. I led our representation at the latest FII event in London, Inclusive ESG in Emerging Markets, Xenia and Benedetta led our team at the IHIF conference in Berlin, People Planet Profit and I spoke at the Future Hospitality Summit in the Middle East, Reimagined Horizons.
We have also been scaling the business and growing our team by 50% since last year.
We now support clients with over 400 hotels under management across the UK, Europe, Middle East, Caribbean and US – a number that we expect to grow rapidly over the course of FY22 and beyond. They have been attracted by our data-driven approach to helping hospitality businesses navigate the confusion of rules, standards and certification to develop a coherent strategy that works for them.
We are always eager to talk to new clients in the hospitality sector, be they owners, operators, private equity, lenders or asset managers, given that we work with all part of the value-chain.
We look forward to supporting you to identify your optimal ESG strategy.