Circular economy principles at the sustainable tourism development: the actuality review

This article provides a review of Circular Economy (CE) scientific approaches within the context of sustainable tourism, discussing relevance and applicability of the topic in today’s dynamic economic environment. The review highlights the need for sustainable practices in tourism, driven by increasing awareness of sustainability. By adopting CE strategies, businesses can achieve significant cost savings through resource optimization while simultaneously fostering socio-economic development in the destinations they operate in. The study illustrates how implementing CE principles in the tourism sector can lead to efficient waste management, enhanced environmental performance, and economic opportunities for businesses. Furthermore, it discusses the positive impacts on local communities, including job creation, improved infrastructure, and preservation of cultural heritage. The review also identifies key CE indicators that measure sustainability outcomes, such as resource recovery rates and community engagement levels utilizing frameworks such as STEEPLE and Porter’s Generic Strategies.