{"id":219245,"date":"2023-03-27T06:15:00","date_gmt":"2023-03-26T23:15:00","guid":{"rendered":"https:\/\/www.ttrweekly.com\/site\/?p=219245"},"modified":"2023-03-26T21:47:24","modified_gmt":"2023-03-26T14:47:24","slug":"sustainable-hospitality-experts-explore-a-merger","status":"publish","type":"post","link":"https:\/\/www.ttrweekly.com\/site\/2023\/03\/sustainable-hospitality-experts-explore-a-merger\/","title":{"rendered":"Sustainable hospitality experts explore a merger"},"content":{"rendered":"\n<p>SINGAPORE, 27 March 2023: A merger is being considered by the Sustainable Hospitality Alliance and GREEN Hospitality (Pangaia Solutions Limited) to combine GREEN Hospitality&#8217;s reach and experience in the Asia-Pacific with the alliance&#8217;s expertise and global network.<\/p>\n\n\n\n<p>Meetings have occurred between the directors of both organisations, and the next steps will conclude due diligence reviews. A merger would enable the Sustainable Hospitality Alliance to establish a formal presence in Asia-Pacific, with GREEN Hospitality headquartered in Hong Kong.&nbsp;&nbsp;&nbsp;<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large is-resized\"><img decoding=\"async\" data-src=\"https:\/\/www.ttrweekly.com\/site\/wp-content\/uploads\/2023\/03\/Sustainable-Hospitality-Alliance-600x338.png\" alt=\"\" class=\"wp-image-219267 lazyload\" width=\"579\" height=\"326\" data-srcset=\"https:\/\/www.ttrweekly.com\/site\/wp-content\/uploads\/2023\/03\/Sustainable-Hospitality-Alliance-600x338.png 600w, https:\/\/www.ttrweekly.com\/site\/wp-content\/uploads\/2023\/03\/Sustainable-Hospitality-Alliance-300x169.png 300w, https:\/\/www.ttrweekly.com\/site\/wp-content\/uploads\/2023\/03\/Sustainable-Hospitality-Alliance-768x432.png 768w, https:\/\/www.ttrweekly.com\/site\/wp-content\/uploads\/2023\/03\/Sustainable-Hospitality-Alliance-1536x864.png 1536w, https:\/\/www.ttrweekly.com\/site\/wp-content\/uploads\/2023\/03\/Sustainable-Hospitality-Alliance-2048x1152.png 2048w, https:\/\/www.ttrweekly.com\/site\/wp-content\/uploads\/2023\/03\/Sustainable-Hospitality-Alliance-696x392.png 696w, https:\/\/www.ttrweekly.com\/site\/wp-content\/uploads\/2023\/03\/Sustainable-Hospitality-Alliance-1068x601.png 1068w, https:\/\/www.ttrweekly.com\/site\/wp-content\/uploads\/2023\/03\/Sustainable-Hospitality-Alliance-1920x1080.png 1920w, https:\/\/www.ttrweekly.com\/site\/wp-content\/uploads\/2023\/03\/Sustainable-Hospitality-Alliance-747x420.png 747w\" data-sizes=\"(max-width: 579px) 100vw, 579px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 579px; --smush-placeholder-aspect-ratio: 579\/326;\" \/><\/figure>\n<\/div>\n\n\n<p>Both organisations are committed to supporting and enabling sustainability in the hospitality industry. The alliance now represents over 50,000 properties and 7 million rooms globally.&nbsp;<\/p>\n\n\n\n<p>GREEN Hospitality\u2019s vision is to advance research, incubate innovations, and foster activities that enable the industry to achieve Sustainable Development Goals in the interest of the planet, people, and prosperity.&nbsp;<\/p>\n\n\n\n<p>Sustainable Hospitality Alliance CEO, Glenn Mandziuk, said: &#8220;We are excited to be exploring a potential merger with GREEN Hospitality, an organisation we admire and align within, driving joined-up action on sustainability in the industry. Being in Hong Kong, a merger with GREEN Hospitality would enable the alliance to better serve the hotels and organisations in the region, supporting them on the path to net positive hospitality&#8221;.<\/p>\n\n\n\n<p>GREEN Hospitality executive director Lucia Loposova added: &#8220;We are delighted to explore this potential merger with a mission-aligned organisation, the Sustainable Hospitality Alliance. The synergy of the Sustainable Hospitality Alliance&#8217;s expertise in creating global partnerships and building movements and GREEN Hospitality&#8217;s on-the-ground knowledge and connection to hospitality practitioners, sustainability experts, civil society organisations, and government agencies in Hong Kong and Asia has great potential to turn the industry into a catalyst for sustainability.&#8221;&nbsp;<\/p>\n\n\n\n<p>Due diligence is underway, and an update on the merger&#8217;s progress will be available later in the year.<\/p>\n\n\n\n<p><strong>About the Sustainable Hospitality Alliance&nbsp;<\/strong><\/p>\n\n\n\n<p>The Sustainable Hospitality Alliance brings together the hospitality industry and strategic partners to address key challenges affecting the planet, its people, local destinations and communities.<\/p>\n\n\n\n<p>Members represent over 50,000 hotels \u2013 totalling 7 million rooms \u2013 and include world-leading companies, including Choice Hotels International, Marriott International, Hilton Hotels &amp; Resorts, IHG Hotels &amp; Resorts, Hyatt Hotels Corporation, BWH Hotel Group and Radisson Hotel Group, as well as regional brands. Visit: <a href=\"http:\/\/www.sustainablehospitalityalliance.org\/\" target=\"_blank\" rel=\"noreferrer noopener\">www.sustainablehospitalityalliance.org<\/a>\u00a0<\/p>\n\n\n\n<p><strong>About GREEN Hospitality<\/strong><\/p>\n\n\n\n<p>GREEN Hospitality is a non-profit-making organisation that sees hospitality and tourism as catalysts for sustainability by advancing Sustainable Development Goals in the interest of the planet, people, and prosperity. For more information, visit: <a href=\"https:\/\/www.greenhospitality.io\/\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/www.greenhospitality.io\/<\/a>\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SINGAPORE, 27 March 2023: A merger is being considered by the Sustainable Hospitality Alliance and GREEN Hospitality (Pangaia Solutions Limited) to combine GREEN Hospitality&#8217;s reach and experience in the Asia-Pacific with the alliance&#8217;s expertise and global network. Meetings have occurred between the directors of both organisations, and the next steps will conclude due diligence reviews. [&hellip;]<\/p>\n","protected":false},"author":22,"featured_media":219267,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[246,3991],"tags":[],"class_list":{"0":"post-219245","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-singapore","8":"category-travel-companies"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.1.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Sustainable hospitality experts explore a merger - TTR Weekly<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ttrweekly.com\/site\/2023\/03\/sustainable-hospitality-experts-explore-a-merger\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sustainable hospitality experts explore a merger - TTR Weekly\" \/>\n<meta property=\"og:description\" content=\"SINGAPORE, 27 March 2023: A merger is being considered by the Sustainable Hospitality Alliance and GREEN Hospitality (Pangaia Solutions Limited) to combine GREEN Hospitality&#8217;s reach and experience in the Asia-Pacific with the alliance&#8217;s expertise and global network. Meetings have occurred between the directors of both organisations, and the next steps will conclude due diligence reviews. 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