Value Chain Analysis and the Circular
Economy
After completing this module, learners should be able to understand the importance of
value chain analysis in the hospitality industry and how it can be used to identify
opportunities for reducing waste, increasing efficiency, and creating new revenue
streams. They should also be able to explain the benefits of implementing a sustainable
value chain model, including reduced costs, improved efficiency, increased customer
loyalty, and enhanced reputation. By applying these concepts and tools, learners can
help hospitality SMEs to operate more sustainably, efficiently, and profitably.