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HOTEL BUSINESS REVIEW

MAY FOCUS: Eco-Friendly Practices

 

Banyan Tree Group Promotes Global Sustainability, Purposeful Stewardship & Well-Being

By Steve Newman Chief Sustainability Officer, Banyan Tree Group | May 2022

The ongoing COVID-19 pandemic has forced many businesses to take a long, hard look at what they need to do to adapt to a changing world and support their stakeholders. There is no question that sustainability is a multi-generational need. We face numerous environmental and social crises; inequality at its greatest, while over exploitation and a lack of waste management have resulted in an urgent need to reduce humanity's footprint on the environment.

Businesses are awakening to this in various degrees, along with activist consumers. Both customers and employees are placing pressure, as they rightly should, on businesses to go beyond the precautionary approach of doing the least harm and become part of the collective solution we need: to make better decisions and support collective action. I often say, the best time for action was yesterday, the second best time is today, but we cannot continually wait until tomorrow.

Brands need to have a social purpose beyond the product value proposition in order to endure. Thirty years ago, we pioneered being a purpose-driven brand and demonstrated an enduring commitment to action that backs up our promise. People trust what we say is what we do, and in today's world that is gold. Today, our mission of leading a better way of living is more relevant than ever – an endeavor that starts with inspiring our guests to 'Stay for Good'.

Purpose as a Compass for Business

The best businesses are vehicles for deeper value creation, and this has been our guiding growth principle since our inception in 1994. Our founders started this business with a deep ethos of harnessing the power of travel for positive transformation.

Tourism is intrinsically dependent on natural and cultural heritage. Areas of high biodiversity often provide a foundation for tourism, which can put an enormous strain on the area. Indeed, the very beauty that attracts visitors to the most bio-diverse habitats on Earth can also imbalance their equilibrium if not managed carefully. Consequently, industry players must act as stewards and nurture stewardship among stakeholders to safeguard and promote a healthy, resilient and sustainable environment.

Over 30 years ago, our Laguna Phuket integrated destination in Thailand was rehabilitated from an abandoned tin mine. Today, it is a thriving environment, community and hub for partnership and international sports. It serves as a guiding example for our resorts worldwide, and for the industry. Purpose is the compass for business, and our original purpose of "Embracing the Environment, Empowering People" is more meaningful than ever as we strive to build back better post-COVID.

But this journey is not one we travel alone. Our Stay for Good program was developed to embed core stewardship values in our operations and guest experience, promoting community engagement and partnership to drive long-term impact where we operate. This framework is aligned with the United Nations Sustainable Development Goals (SDGs), centered on restoring local ecosystems and contributing to surrounding communities with the help of travelers.

Inspiring Gentle Footprints in Travel

A silver lining to where the world currently finds itself is a heightened commitment to sustainable travel by consumers. According to a 2021 survey by travel company Virtuoso, 82% of travelers said the pandemic has made them want to travel more responsibly in the future. Almost three-quarters (72%) said travel should support local communities and economies, preserve destinations' cultural heritage and protect the planet.

Our Stay for Good program enables travelers and our associates to do just that. Currently implemented across our portfolio of more than 50 locations worldwide, it sees our properties implementing unique initiatives that each location invests in, such as cultural heritage, biodiversity and climate action.

We also invite guests to contribute via our Green Imperative Fund, established in 2001 as a way to finance worthy environmental action and community-based projects under the direction of Banyan Tree Global Foundation, our Group's non-profit arm. Across all Banyan Tree brands, guests are invited to support these efforts via small contributions of up to US$2 per room night with hotels matching the donations dollar-for-dollar. Properties are allocated an annual budget to carry out sustainability activities with guests, their associates and community members. For example, at Angsana properties, guests can participate in coral planting and tree planting programs, allowing them to contribute positively to the environment and community of each destination they visit.

With our efforts spread across three core pillars of Our Environment, Our Communities and Our Responsibility, we seek to inspire stewardship and partnership among associates, guests and local communities.

Our Environment

Banyan Tree Group deals in exceptional experiences, and this means an experience that is part educational discovery, and part emotional. The emotion that most supports the sustainability message, is simply, awe: that feeling when you realize you are part of an interconnected whole. On the education part, it is about lessons guests find meaningful, part of the discovery of a destination, and are relevant to their daily life.

We are always designing meaningful activities that expose guests to nature and the beautiful natural ecosystems of our destination. Some of these experiences, a few of which began as early as the 1990s, include snorkeling with a marine biologist in the vibrant coral reefs of Thailand or the Maldives, or watching turtles hatch on the shores of Bintan in Indonesia. Guests can also help collect data on fish and bird populations through our Citizen Science program, which will aid in the long-term monitoring and conservation of important species.

Young guests participating in a tree planting initiative

Beyond that, a key focus of our environmental efforts is framed around the global issues of climate change, resource use, and conservation of endangered species. We employ a science-based approach to detect and track change, implement efficient operations and resource conservation initiatives to mitigate impact, deploy education and awareness programs to support action, and curate partnerships to access domain expertise needed to conserve and restore sensitive ecosystems and threatened species.

In 2004, we launched the first resort-based lab in the Maldives to drive research, conservation, and restoration efforts that address both habitats and species. A second marine lab in the Maldives at Angsana Velavaru and a conservation lab at Banyan Tree Bintan in Indonesia followed in 2007. These labs exemplify our strategic science-based approach to sustainability and marked yet another innovation that would spur many resorts to employ marine biologists in the years to come. In fact, the Maldivian government now requires all resorts to hire in-house marine biologists.

Our labs have grown to carry the banner for Banyan Tree Group's sustainability efforts in these regions, from hosting visiting experts and sharing the message of marine conservation with local schools and communities, to promoting and test piloting sustainable livelihood for communities. We have also published peer-reviewed research as we continue to engage beyond our traditional industry boundary, and push the envelope of understanding of local bio-diverse ecosystems and threatened species.

What is monitored, can be managed. To support conservation of endangered species, our turtle conservation programs at six properties generate awareness among travelers, local communities and fishermen through nest protection and release of hatchlings in partnership with local organizations and research centers in Indonesia, the Maldives, Mexico and Vietnam. While put on hold during the pandemic, our long-term monitoring of shark populations in the Maldives has produced data that is shared with the Ministry of Environment, informing their decision to continue protection for sharks in the Maldives. Adding to these efforts is data collected by guests through Citizen Science, which not only informs and directs our conservation efforts and guest experience, but is also shared with the local government or resource managers.

Lastly, we not only green our environment, but also our operations. By closely monitoring our consumption of resources, energy emissions, water use and waste production through independent audits conducted by our strategic partner EarthCheck, we can manage change and control our inputs and outputs. Quantifying this change helps us to demonstrate best practice and address needs across our properties worldwide.

Our Communities

Tourism has significant generative power with one in ten jobs globally and the livelihoods of millions more depending on the restart of tourism for recovery and growth. Out of crisis comes opportunity: to discover better ways to do business, to mitigate negative impact on lives and generate sustainable, carbon neutral and resilient tourism with people at the centre. A purposeful, sustained and generative recovery is essential to tackle unprecedented global inequality and threats to nature, create shared value for society and support the achievement of the SDGs. Our approach here aims to promote well-being, diversity, satisfaction, health and capacity development to support the 2030 Agenda for Sustainable Development.

When it comes to our associates, we live by the mantra "Better Me, Better You, Better Us." Put simply, we can only genuinely care for our guests if our associates first feel cared for. Beyond ensuring a diverse, safe and sustainable workplace for our associates, a dedicated team regularly engages with associates at every property through discussions and surveys. A bi-annual, group-wide Associate Satisfaction Survey opens up the feedback loop where we listen to our employee's concerns. We also invest in our associates' long-term development by providing several self-paced education courses and Job Swap programs for on-the-ground learning, with associates undergoing a total of 2.4 million hours of training in the last five years. To date, we employ close to 7,000 associates worldwide who, along with their families, benefit from these programs.

Business is a part of society and the wider community, and a lot of what we do brings together our business, community members and travelers. As such, our efforts extends beyond our associates to support the communities where we operate. Community education programs are one way we seek to empower people with the opportunity and tools to succeed. The Seedlings program, for example, was introduced in 2007 to provide at-risk youths with vocational and life skills for a lasting positive community impact. Since then, we have nurtured over 170 youths with educational courses, vocational life skills coaching, mentorship and scholarships, with each youth staying in the program for up to six years.

Our Seedlings program not only provides pathways out of poverty for under-served communities, it also empowers locals to cherish and protect what is rightfully theirs. In 2021, we launched a new Apprenticeship Program in Phuket, Thailand, to provide skills development and job opportunities within the local community to forge careers in the hospitality industry post-COVID. In the last three years, we have implemented 2,004 sustainable events and initiatives, with our associates volunteering almost 100,000 hours to serve communities and environments where we operate.

A group of youth participating in the Seedlings program

Our Responsibility

Tourism can be a platform for peace and shared prosperity, and we have a responsibility to serve society as stewards for long-term sustainability.

Through a multi-stakeholder engagement approach, we ensure accountability, responsible tourism, corporate governance and a sustainable supply chain. Partnerships are key to evangelizing our commitment to sustainability and shared value creation. In 2020, we mandated the Supplier Code of Conduct, which requires a commitment to maximum transparency in operations, set on a long-term goal to map and disclose our supply chain. Food is a primary focus for improving our supply chain, and on World Food Day 2021 under the theme Responsible Food, we committed to offering sustainably-certified native produce with a low carbon footprint, as well as reducing and diverting food waste, which in turn decreases landfill emissions.

The debut of our Greater Good Grants (GGG) program during the pandemic helped us to forge impactful partnerships with like-minded organizations by providing funding for ground-up projects in the countries where we have a presence. The inaugural Greater Good Grants in 2020 saw eight NGOs selected based on their projects that focused on protecting our natural world, including the habitats and ecosystems of Borneo's rainforests, Mahakam Delta in Indonesia, Bach Ma National Park in Vietnam, and Anlung Pring Wetlands in Cambodia.

These partnerships have enabled us to support those with domain expertise in areas where we would otherwise not have access. For example, the Anlung Pring Wetlands project aims to tackle agricultural waste in order to protect a threatened waterbird species known as the Sarus Crane. Within the first three months, at least 990 pieces of toxic waste were diverted for proper disposal after installing dedicated waste storage boxes and active awareness programs with locals.

Other initiatives are people-centric. The water sanitation project in Bumi Indah village, Indonesia by LooLa Adventure Resort changed the lives of approximately 180 villagers. The entire village was cleaned of plastic waste, which was turned into construction material. All 37 households were given access to clean water, upgraded bathroom and kitchen facilities, as well as start-up funds for micro-farming to enhance livelihood.

These projects are just two examples of the good we can do for both people and nature in collaboration with like-minded partners, and we look forward to continuing this ripple effect following a second run in 2021. The GGG has allowed us to create partnerships with NGOs to deliver alternative livelihoods and work with communities to achieve shared sustainability goals.

An associate participates in a beach clean-up initiative to remove plastic waste from our coastline

Diversity of Business for a Sustainable Approach

In our mission to build back better post-COVID, Stay for Good embodies our vision for "good growth." Last year, we announced five new concepts as part of our multi-branded ecosystem, including Homm, Garrya, Folio and two brand extensions of the award-winning Banyan Tree brand, Banyan Tree Escape and Banyan Tree Veya. Our new brands were conceived in response to the pandemic-activated evolution of the modern traveler, one who seeks space for restoration, approachable luxury experiences and an array of sustainability-forward accommodations. It is our goal that each new hotel or resort provides a platform "for good" at a destination.

Over the next 18 months, we will launch 20 new openings in seven countries, three of which will be frontier locations such as Africa and Japan. As we expand, we will maintain our stewardship and sustainability standards by:

  • Investing in a sustainably-built planet – All new builds prioritize the vitality of local ecosystems. For example, each Banyan Tree Escape resort is "built into" the existing community by constructing around native trees and water systems. For our other brands, conversion opportunities are opted for where possible given they are the most sustainable method for expansion.
  • Leaving destinations better than they were found – Homm hotels inform guests of endangered local species through origami art, such as the Black Billed Gull installation at Homm Bliss Southbeach Patong, which educates on Phuket's jeopardized native coastal bird.???
  • Connecting with local communities via purposeful stewardship – We will implement Stay for Good community-focused initiatives, such as coral and tree planting, and introduce the Seedlings program to support youths born into disadvantaged sectors of society.
  • Shaping growth for second-tier cities – By anchoring in emerging destinations, Banyan Tree Group helps shape the growth and sustainable development of lesser-traveled locations and leverages strong brand appeal to draw travelers to these destinations.

Buahan, a Banyan Tree Escape, is built into the existing ecosystem in an effort to disrupt nature as little as possible

Well-Being as a Core Component of Sustainability

We cannot be purposeful stewards if we are not well, and achieving sustainability must first start within ourselves.

According to research conducted by McKinsey, consumers today "view wellness through a much broader and more sophisticated lens, encompassing not just fitness and nutrition but also overall physical and mental health and appearance." This trickles down into the tourism industry. A January 2022 TripAdvisor study found that 42% of global respondents shared they will embark on a wellness-centric trip in 2022. It is clear in our post-pandemic world that travelers are investing in their well-being.

While all brands within our Group provide various well-being experiences, our recently launched and most holistic well-being brand is Banyan Tree Veya, which launched this March 2022 in Phuket, Thailand. Banyan Tree Veya aims to address a world with an urgent need for reconnecting mind and body on a daily basis. Chronic stress erodes our natural immunity and regenerative capacity. However, by utilizing Banyan Tree's Eight Pillars of Well-Being, Veya guests are able to travel inwards and become conscious of how their daily actions, thoughts and emotions interact with their physical being.

The Veya journey begins with a private consultation led by a personal well-being host, certified and trained in eastern medicine, naturopathy and life coaching. After an assessment, a personalized itinerary – selected from a menu of 50 well-being activities – is created to align to each guest's needs and priorities centering on embodiment therapies and somatic practices. Workshops include Ocean Breath and Conscious Grounding as well as intuitive forms of dance and yoga, and classes like Balance and Stability focus on internal movement to release chronic tension patterns and calm the nervous system.

In order to achieve holistic well-being, it is important to understand that regenerative practices are as important during our waking hours as they are while our bodies recharge. According to the National Heart, Lung, and Blood Institute, "getting enough quality sleep at the right times can help protect your mental health, physical health, quality of life and safety…The damage from sleep deficiency can occur in an instant (such as a car crash), or it can harm over time…Ongoing sleep deficiency can raise your risk for some chronic health problems. It also can affect how well you think, react, work, learn and get along with others."

Our brands strive to provide best-in-class accommodations, not only for comfort but for true restoration. For example, villas at Banyan Tree Veya are designed for optimal rest and feature organic cotton bed linens, choice of pillows, black-out curtains, nightly aromatherapy, light reducers and soothing music. For guests wanting to practice privately, each villa is equipped with amenities such as a well-being mini-bar, yoga mats, sound therapy bowls, exercise stretch bands and more. Our newest brand Garrya approaches well-being through minimalist design, with symmetrical guestrooms that promote restful sleep cycles enhanced with warm LED lighting, aromatherapy diffusers, pillow menus and on-demand well-being kits that appeal to rest, fitness or mindfulness.

In addition to our guests, it is our priority to ensure rejuvenation for our associates as well. As part of our Stay for Good initiative to safeguard our associates' welfare, they are provided a set of complimentary room nights to use within Banyan Tree Group's hotels and resorts, including Spa and food and beverage discounts. This is a two-pronged benefit as it not only allows associates to comprehensively understand the amenities and services we are providing our guests, it also provides a safe space for them to rest and recharge.

To quote Mr. Lee Woon Hoe, our Senior Assistant Vice President and Executive Director of Well-Being: "To be truly well, you have to be truly happy." It is our hope as leaders to create environments and experiences for associates and guests that make them happy, and ultimately, well.

Sustainability and Well-Being are the New Norm

As we move forward in our post-pandemic world, it will be vital for hospitality brands to prioritize sustainability initiatives that involve associates, guests and communities. Having a structured framework like Stay for Good identifies a company's main goals and helps put in place actionable steps in order to achieve them. Banyan Tree Group has found our framework to be instrumental in restoring the environments and areas we currently operate in and has provided us a clear roadmap of how to achieve success as we grow. Additionally, amenities and services that go beyond spa treatments to provide 360-degree well-being will be regularly sought out by travelers, and truly appreciated by associates, to combat the lasting effects of fatigue and unhappiness that were amplified over the last two years.

We are thankful that more organizations are making concerted efforts to do their part in the sustainability revolution, and consumers should be proud of the pressure they have put on the larger tourism industry by demanding travel options that prioritize sustainability. These demands are the new norm, and at Banyan Tree Group, we are confident in reassuring our guests that each visit to any of our global locations creates a Stay for Good.

We are continually building on our efforts from almost 30 years ago, learning from ourselves and others on a journey of discovery to ensure a sustainable, resilient and inclusive future for people that safeguards the planet.

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8. GOOD SAMARITAN CONTENT AND COMPLAINT PROCEDURES POLICY

A. Policy

We have provided opportunities for you to contribute Content to our Site. It is our policy, however, not to allow any Content which may constitute intellectual property infringement; violations of federal, state, or local law; obscene or defamatory material, or may otherwise be unacceptable or inappropriate. Upon learning of such Content, we will attempt, and you hereby give HotelExecutive the right, to delete, edit, remove, disable, change, or restrict access to or the availability of the Content, which in our sole discretion, is otherwise unacceptable or objectionable. We may or may not notify you about what action we take with respect to the disputed Content. The provisions of this section are intended to implement this policy but are not in any way intended to impose a contractual obligation upon us to undertake, or refrain from undertaking, any particular course of conduct.

B. Complaint Procedures

If you believe that another user or other third party has posted Content which violates this policy or specifically the USE RESTRICTIONS in Section 3 above, you may notify HotelExecutive via e-mail at editor@HotelExecutive . In order to allow HotelExecutive to respond effectively, please provide HotelExecutive with as much information as possible in your correspondence, including: (1) the nature of the right infringed or violated (including any applicable registration numbers of the federally-registered intellectual property allegedly infringed), if applicable, or the unacceptable or inappropriate Content; (2) all facts which lead you to believe that a right has been violated or infringed, if applicable; (3) the precise location where the offending Content is located; (4) any grounds to believe that the party or user which posted the Content was not authorized to do so or did not have a valid defense (including the defense of fair use), if applicable; (5) if known, the identity of the party or user who posted the infringing, offending, or inappropriate Content; and (6) in the case of alleged copyright infringement claims, information sufficient to identify the work and your claims to ownership.

C. Indemnification/Waiver of Certain Rights

By contacting HotelExecutive and complaining of an alleged violation, you agree that the substance of your complaint shall constitute a representation made under the pains and penalties of perjury pursuant to the laws of the State of California. In addition, you agree, at your own expense, to defend and indemnify HotelExecutive and hold HotelExecutive harmless against all claims which may be asserted against HotelExecutive, and all losses incurred, as a result of your complaint and/or our response to it.

D. Waiver of Claims and Remedies

We expect all users of our Site to take responsibility for their own actions and cannot and do not assume liability for any acts of third parties which take place at our Site. By utilizing the Good Samaritan procedures set forth herein, you waive any and all claims or remedies which you might otherwise be able to assert against hotelexecutive under any theory of law (including, but not limited to, intellectual property laws) that arise out of or relate in any way to the content at hotelexecutive or our response, or failure to respond, to a complaint.

E. Investigation/Liability Limitation

You agree that we have the right, but not the obligation, to investigate any complaint received. By reserving this right, we do not undertake any responsibility in fact to investigate complaints or to remove, edit, disable or restrict access to or the availability of Content. We will not act on complaints that we believe, in our sole discretion, to be deficient, incomplete, or otherwise questionable. If you believe that Content remains on HotelExecutive which violates your rights, Your sole and exclusive remedy shall be against the user or other party responsible for said content, not against HotelExecutive. your sole and exclusive remedy against HotelExecutive shall be to terminate your use of HotelExecutive and service.

Digital Millennium Copyright Act Compliance. As set forth in Subsection (b), you must contact our agent if you believe that a work protected by a U.S. Copyright which you own has been posted on our Site without authorization or that our Site, in some material way, contributes to its infringement. It is our policy in appropriate circumstances, if possible, to terminate the access rights of repeat infringers and other users who use HotelExecutive in an inappropriate or objectionable manner.

9. COOPERATION WITH LAW ENFORCEMENT

HotelExecutive reserves the right to fully cooperate with any law enforcement authorities or court order requesting or directing HotelExecutive to disclose the identity or other information regarding any user or member alleged by any governmental entity to be using HotelExecutive or any Content or materials available in, at, through or in association with HotelExecutive in violation of any law or regulation, or in violation of this Agreement, including, without limitation, the posting of e-mail messages, or publishing or otherwise making available any such materials. By accepting this agreement you waive and hold harmless HotelExecutive from any claims resulting from any action by HotelExecutive during, or as a result of, its investigations, and from any actions taken as a consequence of investigations by either HotelExecutive or law enforcement authorities

10. APPLICABLE LAWS, VENUE, JURISDICTION & MANDATORY ARBITRATION

If any provision(s) of this Agreement is held by a court of competent jurisdiction to be contrary to law, then such provision(s) shall be construed, as nearly as possible, to reflect the intentions of the parties with the other provisions remaining in full force and effect. HotelExecutive's failure to exercise or enforce any right or provision of this Agreement shall not constitute a waiver of such right or provision unless acknowledged and agreed to by HotelExecutive in writing. The section titles in this Agreement are solely used for the convenience of the parties and have no legal or contractual significance. This Agreement may be assigned in whole or in part by HotelExecutive. This Agreement may not be assigned in any manner by you without the express, prior written permission of HotelExecutive.

Any and all disputes or controversies of any kind, including but not limited to any performance, duty, obligation or liability arising under or related to this Agreement which are not first resolved informally, shall be determined by binding arbitration in San Francisco, California, in accordance with the rules of the American Arbitration Association. The final award in any such arbitration proceeding shall be subject to entry as a judgment by any court or competent jurisdiction, provided that such judgment does not conflict with the terms and provisions hereof. The jurisdiction of the arbiter (or arbiters) with respect to legal matters shall be limited only by the statutory and common law of the State of California and the United States.

Notwithstanding the foregoing, any and all disputes, which the parties cannot informally resolve, regarding the scope of issues or matter with the jurisdiction of the arbitrator, shall be resolved by a separate dispute resolution process whereby HotelExecutive, in its sole discretion shall elect the dispute to be resolved by either (1) a court of competent jurisdiction in the State of California or (2) a panel of three new arbitrators.

This Agreement shall be governed by and construed in accordance with the laws of the State of California notwithstanding any conflict of laws provisions. You and HotelExecutive agree that the venue for all legal disputes, controversies, actions of any kind arising under or related to this Agreement shall be San Francisco, California. You and HotelExecutive further agree that in case of any litigation regarding this Agreement, you irrevocably and unconditionally (i) consent to submit to the exclusive jurisdiction of the state and federal courts in the County of San Francisco, California for any litigation or dispute arising out of or relating to this Agreement, (ii) agree not to commence any litigation arising out of or relating to this Agreement except in the California Courts, (iii) agree not to plead or claim that such litigation brought therein has been brought in an inconvenient forum, and (iv) agree the California Courts represent the exclusive jurisdiction for all litigation relating to this Agreement.

11. MEMBERSHIP FEES

Hotel Business Review Subscriptions

If you choose to purchase a subscription, member subscription payments can be made in U.S. Dollars, as well as a variety of international currencies. Membership terms are Annual Recurring, and Monthly Recurring. The Annual Recurring subscription is an annual commitment and subscribers will be charged each consecutive billing cycle. Annual Recurring subscriptions can be cancelled after the first billing cycle and within 30-days of the billing date for a full refund. Monthly Recurring subscriptions are ongoing and subscribers will be charged each consecutive monthly billing cycle. Monthly Recurring subscriptions can be cancelled after the first month and within 7 days of the monthly billing cycle for a full refund.

12. PAYMENT AUTHORIZATION

Payment for the services provided to you in, at, through or in association with HotelExecutive may be made by automatic credit card, debit card, direct debit, bankwire or Paypal and other approved payment means offered in, at, through or in association with HotelExecutive, and you hereby authorize HotelExecutive and its agents to transact such payments on your behalf.

You hereby authorize HotelExecutive's Internet Payment Service Provider to charge your credit card to pay for your membership to HotelExecutive. You further authorize HotelExecutive's Internet Payment Service Provider to charge your credit card for any and all purchases of products, services in association with HotelExecutive. You agree to be personally liable for all charges incurred by you in association with your access or other use of any content provided by HotelExecutive or any third party in association with HotelExecutive. You acknowledge and agree that your liability for all such charges shall continue after termination of your access or any type of membership arrangement with HotelExecutive.

In the event that you have chosen to have your membership automatically rebilled, unless and until you notify HotelExecutive that you wish to cancel or terminate your membership to HotelExecutive, you hereby agree and authorize HotelExecutive's Internet Payment Service Provider to automatically renew your membership to HotelExecutive on a continuing basis and to charge your credit card (or other payment means you have selected) to pay for the ongoing cost of your membership. You hereby further authorize HotelExecutive's Internet Payment Service Provider to charge your credit card (or other approved payment means you have selected) for any and all purchases of products, services and entertainment provided to in, at, through or in association with HotelExecutive.

13. PRIVACY POLICY

The following is the Privacy Policy for HotelExecutive

We can be reached via telephone, email, or online at our contact page. When you visit our site we do not log any information regarding your domain or email address. Information Sharing: We do not share user information with any third parties other than via press release distribution as described below.

Hotel Newswire is a newswire service that distributes press releases on behalf of our users. If you decide to submit a press release for distribution through our system we will transmit your entire press release including any personal information therein contained to our media contacts and online distribution points including search engines. This is the only redistribution of your information that we engage in. Your submission of press releases through our system indicates consent with this policy. The information we collect during your registration process is used to notify users about updates to our service and inform users of any special events hosted by Hotel Newswire. This information is not shared with other organizations for commercial or non-commercial purposes.

Cookies: Our system requires the use of cookies to enable the user to log back into our website to access information from the newswire, without having to log in each time using the required username and password.

If you do not want to receive email from us in the future, please let us know by following instructions included in our communication with you. Users who supply us with telephone numbers online may receive telephone contact from us regarding their account, or informing them of new products and services available on the HotelExecutive website. If you do not wish to receive such telephone calls, please edit your account and remove your phone number from your account profile. This can be done from your user account menu.

Ad Servers: We do not partner with or have any relationship with any ad server companies. From time to time, we may use customer information for new uses not previously disclosed in our privacy notice. If our information practices change at any time, we will post the policy changes to our website to notify you of these changes and provide you with the ability to opt out of these new uses. If you are concerned about how your information is used, you should check back at our website periodically.

Upon request we provide site visitors with access to all information (including proprietary information) that we maintain about them. Users can access this information by logging in to their account.

Security: We always use industry-standard encryption technologies while transferring and receiving user data exchanged with our site. We have appropriate security measures in place in our physical facilities to protect against the loss, misuse, or alteration of information that we have collected from you on our site. We do not store credit card information in our systems.

If you feel that this site is not following its stated information policy, you may contact us.

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