MGM Resorts Achieves Prestigious CDP A-List Ranking for Environmental Leadership

MGM Resorts Achieves Prestigious CDP A-List Ranking for Environmental Leadership

By Author

Published on February 23, 2024

In a significant acknowledgment of its environmental initiatives, MGM Resorts International ("MGM Resorts") has been recognized by the global environmental non-profit CDP for its outstanding leadership in corporate transparency and performance regarding climate change, securing a coveted spot on the organization's A-List. This prestigious designation places MGM Resorts among the top 0.015% of over 23,000 companies scored, reflecting its dedication to environmental stewardship and sustainability.

The A-List ranking is awarded based on the comprehensiveness of disclosure, awareness, and management of environmental risks, and best practices associated with environmental leadership. MGM Resorts' inclusion on the CDP A-List underscores the strategic importance the company places on sustainability efforts and its commitment to creating positive impacts on the planet and local communities.

"Our inclusion on the CDP A List is a testament to the strategic importance we place on sustainability," said Jyoti Chopra, Chief People, Inclusion and Sustainability Officer at MGM Resorts. "Environmental stewardship is more important than ever, and we remain committed to being leaders in creating long-lasting positive impacts on our planet and in our local communities."

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MGM Resorts achieved its 'A' grade for climate change through several key initiatives, including:

  • A board-level committee focused on Corporate Social Responsibility & Sustainability chaired by a global expert in clean energy advocacy.

  • Targets approved by the Science Based Targets Initiative (SBTi) to reduce emissions in line with the Paris Agreement's 1.5-degree pathway.

  • Nearly 110 megawatts of installed solar capacity, fulfilling up to 90% of MGM Resorts' daytime power needs in Las Vegas.

  • Reductions in carbon emissions intensity by 49.5% between 2007 and 2022.

  • Detailed climate data disclosures receiving third-party verification for Scope 1, 2, and 3 emissions and energy usage.

Additionally, MGM Resorts earned an 'A-' in water security for its strategic framework for water stewardship, a Global Water Policy, and reductions in water withdrawals totaling 13.9 billion gallons across U.S. operations from 2007 to 2022.

MGM Resorts continues to take bold steps towards climate leadership in the industry, adopting a culture of innovation to reduce emissions and enhance environmental sustainability. The full list of companies that made this year's CDP A-List is available on CDP's website.

About MGM Resorts International:

MGM Resorts International (NYSE: MGM) is an S&P 500® global entertainment company, featuring best-in-class hotels, casinos, and entertainment experiences worldwide. Committed to "Embracing Humanity and Protecting the Planet," MGM Resorts strives for a sustainable future and aims to make a bigger difference in the lives of its employees, guests, and communities. For more information on MGM Resorts' environmental and sustainability efforts, visit www.mgmresorts.com.

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About CDP:

CDP is a global non-profit that runs the world's environmental disclosure system for companies, cities, states, and regions. Founded in 2000, CDP motivates companies to disclose their environmental impacts and reduce greenhouse gas emissions, safeguard water resources, and protect forests. CDP's scoring system is widely used to drive investment and procurement decisions towards a zero carbon, sustainable, and resilient economy. For more information, visit cdp.net.

This recognition not only highlights MGM Resorts' role as an environmental leader but also sets a standard for the hospitality industry's engagement in sustainable practices and climate action.


"Boho by the Beach" in Goa: 2024's Premier Family Resort with Budget-Friendly Luxury

"Boho by the Beach" in Goa: 2024's Premier Family Resort with Budget-Friendly Luxury

By Nishang Narayan

Published on April 18, 2024

As Goa continues to enchant visitors with its vibrant beaches and lively cultural scene, "Boho by the Beach" is setting a new standard for family accommodations in 2024. Located approximately 800 meters from the tranquil Morjim Beach, this premier family resort combines the laid-back luxury of Goa with the affordability families crave during their vacations.

In the heart of North Goa, known for its bustling activity and scenic beaches, "Boho by the Beach" stands out by offering an affordable yet luxurious experience. Independent research by IBRF highlights a significant trend post-pandemic: 70% of travelers seek budget-friendly beachside accommodations that do not compromise on quality. Responding to this demand, "Boho by the Beach" provides a perfect solution with its beautifully appointed rooms and family-friendly amenities.

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The resort features 12 elegantly designed rooms, each crafted to offer comfort and elegance. Guests can wake up to the soothing sounds of the sea and enjoy facilities like a lush leisure lawn, a rejuvenating swimming pool, and a spa. The resort’s proximity to local markets also offers families a glimpse into the vibrant local life and culture of Goa, enhancing the authenticity of their stay.

Dining at "Boho by the Beach" is an experience in itself, with a menu that caters to both refined palates and health-conscious diners. The resort’s indoor dining option provides a relaxing ambiance perfect for family meals, while the breakfast menu is specially curated to kickstart the day with nutritious and delicious options.

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Moreover, the resort experience is complemented by "The Boho Box," a sports-themed café located by the Baga River in Anjuna. Popular among tourists for its dynamic atmosphere and exquisite cuisine, it adds another layer of enjoyment to the guests’ stay.

Visitors leaving "Boho by the Beach" carry with them not just memories of a relaxing stay but experiences of Goa's rich tapestry of activities, from beach frolics to local crafts like feni distilling and basket weaving. The resort not only promises a captivating retreat but also delivers a holistic Goan experience that makes it worthy of being called Goa's Premier Family Resort of 2024.


Wyndham Hotels & Resorts Expands Significantly in EMEA Region in 2023

Wyndham Hotels & Resorts Expands Significantly in EMEA Region in 2023

By Nishang Narayan

Published on April 18, 2024

In a notable expansion drive during 2023, Wyndham Hotels & Resorts, the world's largest hotel franchisor, marked significant growth milestones across Europe, the Middle East, Eurasia, and Africa (EMEA). The company introduced nine of its brands into new countries, signed 107 franchise agreements, and celebrated the opening of 87 new hotels, adding approximately 9,500 rooms.

Underpinning this expansion is Wyndham's OwnerFirst™ approach, which emphasizes a strong partnership with hotel owners and franchisees, providing them with comprehensive support to ensure their success. This approach has bolstered Wyndham's reputation as a leader in the hospitality industry across the region.

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Dimitris Manikis, President of EMEA at Wyndham Hotels & Resorts, highlighted the strategic growth, "We're incredibly proud of our record growth in 2023 and the trust that owners and franchisees across the region continue to put in Wyndham Hotels & Resorts. The increasing value of partnering with the world’s largest hotel franchisor is evident as more owners join our family."

Noteworthy openings in 2023 included the first-ever Wyndham Grand in Rajasthan, India, and the introduction of the company's first Registry Collection Hotel in Greece. Wyndham also strengthened its presence in Türkiye, a key growth market, by opening 11 new hotels, making it the largest international hotel operator in the country.

Further, the company expanded its Trademark Collection by Wyndham into Malta, Portugal, Türkiye, and Qatar, and debuted brands like Wyndham Grand in Krakow, Dolce by Wyndham in Milan, and Super 8 by Wyndham in the UK. The CIS region saw significant activity with eight new hotel openings, including three brand entries in Uzbekistan.

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The "Wyndham Advantage" continues to play a crucial role in this expansion, offering franchisees world-class marketing, powerful distribution platforms, and innovative technology investments totaling more than $275 million over the past five years. This includes cutting-edge property and revenue management systems and access to the Wyndham Rewards loyalty program, which boasts over 106 million members worldwide.

Wyndham Hotels & Resorts now operates 639 hotels across EMEA, with a robust pipeline of over 150 hotels, as it continues to lead and innovate in the hospitality sector. This strategic expansion not only enhances the company's global footprint but also strengthens its market leadership position, providing exceptional value and service to guests and stakeholders alike.

For more information on franchising opportunities with Wyndham in the EMEA region, visit https://whrdevelopmentemea.com/ 


Accor's 2024 Strategy: Elevating Hospitality with Iconic Brands and Sustainable Practices

Accor's 2024 Strategy: Elevating Hospitality with Iconic Brands and Sustainable Practices

By Nithyakala Neelakandan

Published on April 18, 2024

In 2024, Accor, a global leader in hospitality, is taking bold steps to redefine the guest experience while championing sustainability across its diverse brand portfolio. With over 57 years of expertise, Accor boasts a remarkable array of 45+ hospitality brands, catering to the evolving needs of travelers worldwide. This year, Accor is leveraging its strategic realignment into Luxury & Lifestyle (L&L) and Premium, Midscale & Economy (PM&E) brands to propel its transformative journey in hospitality.

2024 marks significant milestones for Accor, with Sofitel celebrating its 60th anniversary as the pioneering international luxury hotel brand, and ibis marking its 50th anniversary as a globally recognized economy brand. Additionally, the 1000th Mercure hotel is set to open its doors, offering locally inspired accommodations to inquisitive travelers.

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Accor proudly oversees four of the world’s seven centennial global hospitality brands, including Pullman, Orient Express, Raffles, and Fairmont, each embodying resilience and innovation. These brands continue to set new standards in hospitality while preserving their rich legacies. Future endeavors include the introduction of Orient Express Grand Hotel de la Minerve in Italy, promising immersive travel experiences.

Accor remains committed to curating thoughtful stay experiences characterized by kindness and care. Through innovative brand extensions like the Handwritten Collection and branded residences, Accor is pioneering new avenues for authentic guest experiences. Embracing the shift towards remote work, Accor offers unique long-stay accommodations tailored to modern travelers.

With a steadfast commitment to sustainability, Accor is eliminating single-use plastics and measuring carbon emissions across its properties. The company aims to eco-certify all its hotels by 2026, demonstrating its dedication to environmental stewardship and community engagement.

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Looking ahead, Accor is poised to expand its presence in key global destinations, including China, Japan, and India. With numerous hotels and iconic landmarks in the pipeline, Accor promises boundless exploration and unforgettable experiences for its guests.

Accor’s 2024 strategy reflects its unwavering commitment to elevating hospitality standards while embracing sustainability and innovation. Through its diverse brand portfolio and forward-thinking initiatives, Accor continues to shape the future of travel and hospitality, one remarkable experience at a time.

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