Hotels Benefit Financially From Spending On Food Waste Solutions

A review of 42 hotels in 15 countries by Champions 12.3 has found that on average facilities achieved a 21 percent reduction of kitchen food waste by weight in just one year. Within the first year, more than 70 percent recouped their investment. The average hotel saved $7 for every $1 invested in reducing kitchen food waste. Within two years, 95 percent had recouped their investment. Nine out of ten sites kept their total investment in food waste solutions below $20,000, less than one percent of sales on average. The data came from budget, mid-range, casino resort, and luxury market hotels. Champions 12.3 comprises 40 executives in government, business, and civil society dedicated to achieving Target 12.3 of the U.N.’s Sustainable Development Goals.