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By Nishang Narayan
Published on March 31, 2024
In a bold move to protect the planet's most vital resource, Accor, a leading name in global hospitality, has unveiled a series of water conservation initiatives aimed at making significant strides in sustainability across its hotel operations. Mohamed Dabo reports on how Accor is not just changing the way hotels operate but also how guests can play a pivotal role in conserving water.
At the heart of Accor's sustainability drive is a clear focus on slashing water usage within its rooms and engaging guests in the conservation journey. With an eye on the significant water footprint of the food and beverage industry, Accor is stepping up its game to reduce food waste, which is responsible for over half of the waste produced by hotels.
An exciting partnership with BE WTR, a leader in sustainable water solutions, marks Accor's commitment to phasing out single-use plastic water bottles across its properties by the ambitious year of 2025. In place of disposable bottles, Accor hotels will offer guests stylish, refillable glass bottles, setting a new standard for eco-friendly hydration.
But Accor's vision goes beyond in-house operations. The "Skip the Clean" initiative stands as a testament to the power of guest participation. By opting out of daily room cleaning, guests can not only conserve water and energy but also earn loyalty points, showcasing a win-win for both the environment and hotel patrons. This initiative alone has the potential to save an equivalent of 6,500 showers per year for an average hotel, underlining the significant impact of collective action.
Underlining its broader commitment to environmental stewardship, Accor has joined forces with the CEO Water Mandate, a United Nations initiative focused on advancing water stewardship. By aligning with such global coalitions, Accor aims to foster shared solutions to the pressing environmental and social challenges facing our planet.
As Accor forges ahead with its water conservation efforts, the company sets a shining example of how the hospitality industry can lead the charge in sustainable practices. Through innovative partnerships, guest empowerment, and a commitment to global initiatives, Accor is not just saving water; it's inspiring a wave of change for a more sustainable future.
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Published on July 5, 2025
Hyatt Hotels is doubling down on its asset-light strategy with a major move—selling Playa Hotels’ real estate portfolio to Tortuga Resorts for $2 billion. This follows Hyatt’s acquisition of Playa in February for $2.6 billion, including debt. Playa operates 24 luxury all-inclusive resorts across Mexico, Jamaica, and the Dominican Republic.
The sale covers 15 of Playa’s resort assets, effectively reducing Hyatt’s net purchase price for the remaining Playa business to around $555 million. The deal, still pending regulatory nods in Mexico, is expected to close before the end of 2025.
As part of the arrangement, Hyatt and Tortuga will enter into 50-year agreements for these properties, allowing Hyatt to continue managing the resorts. Thirteen of the resorts will operate under Hyatt’s standard management fee structures, with two under separate agreements.
Hyatt CEO Mark Hoplamazian called the move transformational, noting it turns the Playa acquisition into a fully asset-light transaction. "It also ramps up our fee-based earnings," he added. Hyatt now anticipates its asset-light earnings mix could hit at least 90% by 2027.
Analysts view the swift real estate divestment positively, seeing it as a smart way for Hyatt to stay nimble while bolstering returns. Proceeds from this deal will primarily go toward repaying loans taken to finance the Playa buyout.
Novotel Visakhapatnam Varun Beach, a flagship Accor property, has proudly announced that it has been awarded the Green Key Certification, a globally recognised eco-label that underscores excellence in sustainable tourism and hospitality.
Granted by the Foundation for Environmental Education (FEE)—one of the world’s leading environmental education organisations and recognised by the Global Sustainable Tourism Council (GSTC)—the certification marks a significant milestone in the hotel’s ongoing efforts to integrate eco-friendly practices without compromising guest comfort or luxury.
Lakshmi Sridhar, General Manager, Novotel Visakhapatnam Varun Beach, said, “At Novotel Visakhapatnam Varun Beach, we believe that sustainability is not just a responsibility, but a way of life. Being Green Key certified reinforces our commitment to offering eco-conscious experiences that align with global environmental standards.”
The hotel has rolled out various impactful initiatives, from using clean, renewable energy and implementing robust waste management practices to driving water conservation, enhancing energy efficiency, and sustainably sourcing products. These measures are designed to benefit not only the environment but also the local community.
As travel trends increasingly lean towards conscious luxury and responsible tourism, this certification positions Novotel Visakhapatnam Varun Beach as a leader in sustainable hospitality in India.
Indian Hotels Company (IHCL), India’s largest hospitality player, has announced the signing of a new Vivanta property in Anjuna, Goa. This greenfield project marks another step in IHCL’s strategy to grow its presence across key leisure destinations in India.
Strategically located in Anjuna, celebrated for its vibrant culture and beaches, the upcoming Vivanta Anjuna, Goa will feature 110 well-appointed rooms. Guests can look forward to an array of facilities including an all-day diner, a bar, a swimming pool, a fully equipped gym, and modern conference spaces, catering to both leisure and business travellers.
Suma Venkatesh, Executive Vice President - Real Estate & Development, IHCL, shared, “IHCL has been at the forefront of pioneering destinations and has played a defining role in putting Goa on the global tourism map for over five decades. This signing is in line with our strategy to expand IHCL’s presence across segments in key leisure markets. We are delighted to strengthen our partnership with Fiesta Hotels with this new project.”
The hotel is being developed by Fiesta Hotels Pvt. Ltd., led by directors Ravinder Kumar, Manju Vardhan, Raj Vardhan, Harsh Vardhan, Gagan Garg, and Gaurav Garg, who have deep investments in real estate and hospitality. Ravinder Kumar, Director, Fiesta Hotels Pvt. Ltd., said, “We are proud to collaborate with IHCL through the addition of our second hotel in Goa. It stands as a testament to our shared vision to deliver exceptional experiences in one of India’s most cherished destinations.”
Goa continues to attract travellers with its sun-soaked beaches, Portuguese-era architecture, thriving culinary and music scene, and vibrant local communities. With this signing, IHCL’s Goa portfolio grows to 18 hotels, including five under development, underscoring its long-standing commitment to shaping Goa’s tourism landscape.
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