The global travel & tourism industry experienced a 47% rise in company filings mentions of social responsibility in Q1 2023 compared with the previous quarter, with the highest share accounted for by Las Vegas Sands with 488% year-on-year increase, according to GlobalData’s analysis of over 129 travel & tourism company filings. The key social themes, commitment details of leading companies to social responsibility, and discussions and hiring activity for social responsibility in Travel & Tourism and 15 other key sectors are covered in GlobalData’s Social Responsibility Trends by Sector – Thematic Intelligence report. Buy the report here.
Smarter leaders trust GlobalData
Notably, social responsibility was one of the most frequently referenced themes in Q1 2023, ranking highest in terms of mentions, ahead of internet of things and artificial intelligence, according to GlobalData.
Of the top leading companies in the travel & tourism industry, Las Vegas Sands had the greatest increase in references for social responsibility in Q1 2023, compared with the previous quarter. GlobalData identified 94 social responsibility-related sentences in the company's filings - 73% of all sentences - and an increase of 9300% in Q1 2023 compared with Q1 2022. Walt Disney’s mentions of social responsibility rose by 1500% to 80 and MGM Resorts International’s by 2000% to 21 and Hyatt Hotels’s by 1900% to 20 and Airbnb’s by 300% to 19.
GlobalData’s Company Filings Analytics also applies sentiment weight to reference sentences, based on whether the sentences are positive, negative, or neutral. Starting at 100 in 2020, an index over 100 is more positive. The overall index for social responsibility in Q1 2023 was 90.
To further understand GlobalData's analysis on Social Responsibility Trends by Sector – Thematic Intelligence, buy the report here.
Data Insights
From
The gold standard of business intelligence.
Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.
GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData’s Company Filings Analytics uses machine learning to uncover key insights and track sentiment across millions of regulatory filings and other corporate disclosures for thousands of companies across the world’s largest industries.
