Vanja Vejzagic

Current business trends in the global hotel industry are strongly oriented towards sustainable development, including especially the explicit recognition of environmental attributes. The aim of this paper is thus to analyze and propose key steps toward the effective incorporation of environmental management accounting (EMA) within hotel performance information systems. Research evidence was obtained via in-depth case studies undertaken with 20 environmentally-oriented hotels located in the UK. Sources especially drawn on included organizational environmental policies and archival documentation, interviews with key personnel and an online survey which specifically focused on 10 business areas considered vital for successful EMA and overall environmental management integration. The research results indicate a number of information patterns by which hotels can determine the existing level of their sustainable business. Furthermore, the 'broad' understanding of the sustainabilit...

The main objective of this article is to illustrate the accounting methodology for eco-efficiency measurement, which allows for inclusion of the economically-orientated component in the processes of environmental reporting on tourist destination integral product, whilst examining the interrelation of eco-costs and values found in the classic LCC and particular tourist destination SBU (Strategic Business Unit). The process of tourist destination integral product eco-efficiency measurement calls for development of environmental accounting methods suitable for presentation of economically-orientated sustainability information. In the complex process of integral product eco-efficiency measurement, LCA (Life Cycle Assessment) and LCC (Life Cycle Costing) take important roles. Interpretation and presentation of the data includes detailed cradle-to-grave environmental impact assessment of direct and indirect tourist activity and different products of tourist destination SBU's. Eco-costs represent the monetary component in the processes of environmental accounting and reporting on environmental impact of tourist destination integral product.