SUSTAINABLE LUXURY: HOW UZBEKISTAN’S BOUTIQUE HOTELS ARE REDEFINING HOSPITALITY

SUSTAINABLE LUXURY: HOW UZBEKISTAN’S BOUTIQUE HOTELS ARE REDEFINING HOSPITALITY

Authors

  • Rakhmatullaev Botir Assistant teacher at Tourism department. Silk Road international university of tourism and cultural heritage
  • Suyunov Alijon Assistant teacher at Tourism department. Silk Road international university of tourism and cultural heritage

Keywords:

Sustainable luxury, boutique hotels, revenue growth, eco-certifications, guest satisfaction, sustainable tourism, local material usage

Abstract

This study examines the impact of sustainability initiatives on revenue growth in boutique hotels in Uzbekistan. Using an econometric model with 200 observations, key variables analyzed include sustainable practices score, guest satisfaction, eco-certifications, local material usage, and employment of local staff. Results show that guest satisfaction and eco-certifications significantly enhance revenue, while local material usage and employment of local staff have minimal or negative effects. Findings suggest that policy incentives and training programs can improve sustainability’s financial viability. This study provides empirical insights for hoteliers and policymakers to balance sustainability and profitability in boutique hospitality.

References

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Published

2025-02-17

How to Cite

SUSTAINABLE LUXURY: HOW UZBEKISTAN’S BOUTIQUE HOTELS ARE REDEFINING HOSPITALITY. (2025). Scientific Journal of Actuarial Finance and Accounting, 5(02), 123-128. https://doi.org/10.55439/AFA/vol5_iss02/631