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Press Release: BBVA and Pestana Hotel Group Issue the World’s First Green Bond in the Hotel Industry
BBVA and Pestana Hotel Group have reached a new milestone in the sustainable finance market, issuing the world’s first green bond in the hotel industry, according to the International Capital Markets Association’s (ICMA) Green Bond Principles.
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- Europe & Eurasia
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Social Media Puts Emerging Markets At Forefront Of Tourism
During the past few years, we have seen a massive shift in user behaviour within the tourism industry, primarily driven by increased usage of smartphones and social media apps.
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- Technology
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Lagos Has Become One of Airbnb’s Fastest-Growing Markets Globally
That growth trajectory is reflected in the growing supply of Airbnb listings in the city, as data from vacation rental data firm AirDNA shows. Between May 2018 and May 2019, available Airbnb listings in Lagos have nearly doubled.
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- Technology
- Region
- Sub-Saharan Africa
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Forget SF and New York, the Future of Airbnb is in Kathmandu and Lima
Airbnb’s success in emerging markets is indicative of another global trend: It’s not just that travelers in Airbnb’s more mature markets are traveling more to countries in Africa or Asia, but that more people are traveling within large countries like India and China too.
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- Entrepreneurship
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Boosting the Social Impact of Food Tourism: The Keys to a Collaborative Model
Héctor Gerardo Ibarra talks about social entrepreneurship a lot – sometimes to children as young as second grade. He helps them understand the concept by identifying a specific local problem and a solution involving something they already like doing. The same can be said of Ruta Origen, a social enterprise he co-founded to confront unfair payment of Mexican producers, paired with a solution that involves plenty of traveling and eating. In this post, Gerardo Ibarra details a collaborative impact model that is similarly straightforward, but by no means easy.
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- Agriculture, Entrepreneurship, Environment
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Airbnb is Just the Beginning: The Sharing Economy Comes to Emerging Markets
The "sharing economy" is a buzzworthy new industry with platform provider revenues of $18.6 billion – a number that’s predicted to double by 2022 – and a user base that's expected to increase to 86.5 million by 2021. But what is its potential impact on emerging markets? NextBillion spoke with Airbnb's Shawn Sullivan and sharing economy expert April Rinne about how the nascent industry could impact low-income communities – including through an intriguing variation on Airbnb's home-sharing model.
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- Entrepreneurship, NextBillion Originals, Technology
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From All-Inclusive to Socially Inclusive: Travel and Tourism’s Big Shift is Under Way
Tourism is one of the world's largest industries – but how can it best be leveraged to move nations from poverty to prosperity? That was a key question at the recent "Global Conference on Jobs & Inclusive Growth: Partnerships for Sustainable Tourism," organized in Jamaica by the UN's World Tourism Organization. NextBillion was a media partner at the conference, and we share some major themes (and a few controversial remarks) ranging from the impact of the sharing economy and Airbnb, to the problems with building "five-star hotels in three-star communities."
- Categories
- NextBillion Originals, Technology
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Beyond the Beach: Exploring Partnerships for Sustainable Tourism
According to the United Nations World Tourism Organization, tourism provides one in 10 jobs globally, and even more in developing countries. In the Caribbean, for instance, it directly or indirectly creates nearly one in every five jobs. The Conference on Jobs & Inclusive Growth: Partnerships for Sustainable Tourism will explore how tourism can "create good jobs, provide opportunities for inclusion and education, and assist in preserving cultural heritage and the environment." NextBillion will be a media partner at the event.
- Categories
- Entrepreneurship
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