Travel Industry Research Finds Sustainability Efforts Lack Commercial Integration
What happened
Research conducted by Expedia Australia and New Zealand country director Philippa Durant found that while travel businesses recognize the importance of purpose, relatively few have embedded it into the commercial mechanics of their organizations. The findings, based on 26 in-depth interviews with senior industry leaders, concluded that the industry has a process problem rather than a values problem.
From travelweekly.com.au
Why it matters
Many travel companies measure environmental and social contributions through initiatives like carbon offsets and conservation projects. The report argues that these activities are rarely integrated into the financial and operational metrics used by executives and boards to evaluate business performance.
From travelweekly.com.au
Who's involved
- Air New ZealandMajor travel brand interviewed for the research.
- Intrepid TravelMajor travel brand interviewed for the research.
- G AdventuresMajor travel brand interviewed for the research.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- Intrepid TravelSpeculative
The company may reinforce its competitive position and attract favorable financing by validating its purpose-driven model.
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The entities involved
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Air New Zealand
National airline of New Zealand
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Intrepid Travel
travel company
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G Adventures
small group adventure travel company based in Toronto
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