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The Financial, Social, and Environmental Impacts of Sustainable Practices on the Las Vegas Hospitality Market

Authors: Brady, John;

The Financial, Social, and Environmental Impacts of Sustainable Practices on the Las Vegas Hospitality Market

Abstract

Sustainability is important to Las Vegas hospitality organizations because they operate in an environment with constrained resources. Water supply is one such constrained resource and Lake Mead is and has been far below its normal level. This lake provides the potable water supply for Southern Nevada. Southern Nevada, which is anchored by Las Vegas, worked to reduce their water consumption by 32 billion gallons between 2002 & 2014 (Southern Nevada Water Authority, 2015). This pattern tells me that Las Vegas is aware of the footprint they leave on the environment and look for ways to reduce said footprint. This is where sustainability comes into play; efforts like the water reduction are led by hospitality organizations that not only participate, but educate their team members to do the same. As the years pass, operators will need to strategize on how the choices they make not only affect their bottom line, but what effects they have on society and our local environment. This study will attempt to clarify what sustainable decisions organizations have made in the past, what their impact has been, what drives change in terms of sustainability, and then what dictates their ability to make future decisions based on those prior practices. As Las Vegas is considered a leader in the hospitality industry, the broader hospitality market can apply practices shown to have relevant benefits.

Country
United States
Related Organizations
Keywords

390, Business Law, Hospitality Administration and Management, and Operations, Public Responsibility, Management, Business--Environmental aspects, Sustainability, and Ethics, Nevada--Las Vegas, Hospitality industry--Energy conservation, Business Administration

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citations
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
0
Average
Average
Average
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