Metro Manila hotel operators tout ESG as driver of asset value, profitability

METRO MANILA’S hospitality sector is increasingly integrating environmental, social, and governance (ESG) initiatives into business strategies, with industry executives saying such investments can enhance profitability and asset values as the market prepares for the addition of about 4,000 hotel rooms by yearend. Samantha de Mello, director of ESG for Asia Pacific at Hyatt Hotels Corp., […]