Task Description - The Hospitality Industry Must Embrace the Circular Economy

For decades, there has been much talk about taking a more ecologically sound approach to business in many different industries, and in recent years the focus has fallen on the value of the circular economy, throwing the linear approach of a market or planned economies into question. These linear economies are defined by three questions centered around, what to produce; how to produce it, and who to produce it for. This "take-make-dispose" approach to resources inevitably results in the production of waste and pollution. A circular economy, on the other hand, is based on the "make-use-recycle" premise, which results in less waste and pollution, and is key to a more sustainable future.

Rapid growth and investment in the hospitality industry, and an ever-growing pre-COVID traveling population meant that, along with demand for more products and services, came an increase in waste and pollution. For this to change, the hotel industry needs to move away from the linear economic approach to business. By implementing circular economic practices that use resources more efficiently, the sustainability of the industry will be greatly improved.

The students are required to identify an organisation from hospitality and tourism industry that has embraced circular economy and report on at least three initiatives taken by the chosen organisation. The initiatives can include (but are not limited to) repurposing waste, incorporating renewable energy, reusing water, producing harvests etc

.1. Introduction:

a. Introduction to circular economy in comparison to linear economy

b. Introduction of the chosen organisation

2. Identifying and explain at least three initiatives taken by the organisation that aligns with the principles of circular economy.

3. Describe the link of the chosen initiatives to the circular economy.