The most imminent threat that the hospitality industry is having to deal with is the rising cost of energy. As summarized by the CEO of Accor, Sébastien Bazin, at a conference in Italy on October 12, "energy typically accounts for about 8% of total costs but that could rise as high as 25% in a worst-case scenario.".. The current coronavirus pandemic (COVID-19) has led the world toward severe socio-economic crisis and psychological distress. It has severely hit the economy; but the service sector, particularly the hospitality industry, is hard hit by it. It increases the sense of insecurity among the employees and their perception of being unemployed.

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Guest convenience is the name of the game in the industry, with hotel operators constantly seeking ways to streamline experiences with new digital tools and platforms. 5G can enable operators to.. We propose five conditions under which Industry 4.0 could help to combat climate change. First, in the hospitality industry, increased use of Industry 4.0 technologies induces an increase in energy efficiency and a reduction of GHG. Second, increased use of Industry 4.0 technologies induces a reduction in water consumption and an increase in.