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Implementation of Best Sustainable Practices in the Hospitality Industry

Author

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  • Sztruten (Lefter) Gina Gilet

    () (Academy of Economic Studies, Bucharest and Romanian- American University, Bucharest)

Abstract

Following passage through times of global economic crisis, also called "resource crisis", and due to the extremely advanced level of development of hotel industry globally, it is becoming appropriate and necessary to implement ecomanagement systems for the hotel business, as currently there are no alternative economic recovery plans. Subordinating under the requirements of sustainable development planning, hotel development and management activities must be conducted only in terms of environmental compatibility.

Suggested Citation

  • Sztruten (Lefter) Gina Gilet, 2010. "Implementation of Best Sustainable Practices in the Hospitality Industry," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 830-833, May.
  • Handle: RePEc:ovi:oviste:v:10:y:2010:i:1:p:830-833
    as

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    File URL: http://stec.univ-ovidius.ro/html/anale/RO/cuprins%20rezumate/rezumatemai2010.pdf
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    References listed on IDEAS

    as
    1. Leland, Hayne E & Pyle, David H, 1977. "Informational Asymmetries, Financial Structure, and Financial Intermediation," Journal of Finance, American Finance Association, vol. 32(2), pages 371-387, May.
    2. Scholtens, Bert & van Wensveen, Dick, 2000. "A critique on the theory of financial intermediation," Journal of Banking & Finance, Elsevier, vol. 24(8), pages 1243-1251, August.
    3. Jensen, Michael C. & Meckling, William H., 1976. "Theory of the firm: Managerial behavior, agency costs and ownership structure," Journal of Financial Economics, Elsevier, vol. 3(4), pages 305-360, October.
    4. Boyd, John H. & Prescott, Edward C., 1986. "Financial intermediary-coalitions," Journal of Economic Theory, Elsevier, vol. 38(2), pages 211-232, April.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    global economic crisis; resource crisis; hotel industry; eco-management systems;

    JEL classification:

    • L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Restaurants; Recreation; Tourism
    • M19 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Other
    • Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development
    • Q57 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Ecological Economics

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