IDEAS home Printed from https://ideas.repec.org/a/taf/rcitxx/v24y2021i20p2849-2854.html
   My bibliography  Save this article

Uncovering the effect of environmental performance on hotels’ financial performance: a global outlook

Author

Listed:
  • Dengjun Zhang
  • Jinghua Xie

Abstract

Using a sample of 6,657 hotels from 67 low-income countries and 65 high-income countries, we estimated the impact of environmental performance on hotels’ sales and profit margins. The positive impact of environmental performance on sales for the two groups of countries indicates that the green hotels created market differentiation and attracted eco-friendly tourists. For high-income countries, the profit margin in green hotels is 1.7% higher than in other hotels. For low-income countries, the lack of a positive impact of environmental performance on green hotels’ profit margins implies a lower environmental efficiency of environmental practices.

Suggested Citation

  • Dengjun Zhang & Jinghua Xie, 2021. "Uncovering the effect of environmental performance on hotels’ financial performance: a global outlook," Current Issues in Tourism, Taylor & Francis Journals, vol. 24(20), pages 2849-2854, October.
    • Handle: RePEc:taf:rcitxx:v:24:y:2021:i:20:p:2849-2854
    DOI: 10.1080/13683500.2020.1852197
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/13683500.2020.1852197
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/13683500.2020.1852197?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. María D. López‐Gamero & José F. Molina‐Azorín & Jorge Pereira‐Moliner & Eva M. Pertusa‐Ortega, 2023. "Agility, innovation, environmental management and competitiveness in the hotel industry," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 30(2), pages 548-562, March.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:rcitxx:v:24:y:2021:i:20:p:2849-2854. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/rcit .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.