The hotel and restaurant sector, at the service of the tourism sector, has such a predominant economic role in its host communities that it would be interesting to measure its weight. This is the backdrop to AccorHotels’ wish to analyze the economic consequences of its business activities in areas where it operates and beyond.
By decrypting how its activity influences job and wealth creation all the way down to the economic grassroots level, AccorHotels improves on the comprehension of its business model.
The direct impact, indirect impact (resulting from the supply chain) and induced impact (resulting from household consumption and government expenditure) of the activity of the respective host countries of the Group’s hotels have thus been estimated by the LOCAL FOOTPRINT® tool, developed by Utopies, which is the first model in the world enabling an analysis of socio-economic impacts on a global scale.
The mission consisted in:
The study gives a clear and complete picture by going beyond the direct impacts of AccorHotels’ activities: the socio-economic footprint also includes the economic impacts of the Group on its supply chain and on the local economy..
The interest of this approach is to evaluate the overall footprint of the Group in the world economy, and also to identify the different impacts related to the activities of the latter in 186 countries and 25 business sectors.
As such, this groundbreaking study allowed to quantify the different impacts of AccorHotels as follows:
The study “AccorHotels socio-economic footprint” is available for both the industry and the general public on Planet 21 Research, a shared knowledge platform on sustainable development. See also the press release.