Please use this identifier to cite or link to this item: https://scholarbank.nus.edu.sg/handle/10635/222820
Title: ECONOMIC BENEFITS OF GOING GREEN BY SINGAPORE HOTELS
Authors: ZHANG DANLING
Keywords: Building
PFM
Project and Facilities Management
Yeoh Teng Kwong
2015/2016 PFM
Economic benefits
Green hotels
Singapore hotels
Sustainability
Issue Date: 15-Jul-2016
Citation: ZHANG DANLING (2016-07-15). ECONOMIC BENEFITS OF GOING GREEN BY SINGAPORE HOTELS. ScholarBank@NUS Repository.
Abstract: In view of increasing energy consumption, Singapore has launched the Sustainable Singapore Blueprint 2015 to raise the awareness of sustainability and to further improve energy efficiency, water savings as well as waste management measures. The hotel industry, which plays a significant role in contributing to the Singaporean economy, is facing the choice of whether they should go green. This dissertation mainly does literature reviews on the current studies with the surveying method as a support, analyzes the current situation of green movement in the hotel industry, and investigates the drives of going green. Besides economic benefits such as direct cost savings due to green features in the hotel, other benefits that lead to hotel business sustainability are also investigated. For example, improvements on hotel environment, staff behavior and customers’ experience. However, going green is also causing hotels in Singapore to face challenges such as high cost of constant change, lack of employee education, and customers’ concern. These three significant challenges are analyzed in this dissertation with recommendations provided. After analyzing the survey results and literature reviews followed by qualitative arguments, the conclusion is that going green is an unstoppable trend in Singapore. In the long term, hotels will economically benefit from adopting green practices, which will ultimately lead to business sustainability. Support from the government, organizations, and the public will help the green movement in hotel industries to develop smoothly and more vigorously.
URI: https://scholarbank.nus.edu.sg/handle/10635/222820
Appears in Collections:Bachelor's Theses

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