Type of Submission
Refereed Article
Abstract
India is the world’s third-largest energy consumer. Thus far, an assessment of energy efficiency in the hotel industry in India is missing. The study measures the energy efficiency of hotels and restaurants operating in India using the data envelopment analysis model. The results show that, on average, energy efficiency is low. In addition, there exists a large variation in the efficiency level achieved by different hotels and restaurants. The hotel industry can reduce energy use by 55% without adversely affecting sales revenue. The top-performing companies have been identified by assigning an energy efficiency score to each company covered in the study. The hotels and restaurants have been classified according to their energy efficiency score. Low-rated hotels and restaurants have a lot of room for improvement in terms of energy efficiency. The novel findings of the study provide useful insights for managers to improve the energy efficiency of hotels and for policymakers to reduce environmental impacts.
DOI
http://dx.doi.org/10.7275/8q4h-je80
Recommended Citation
Ohlan, Ramphul
(2023)
"Measuring Energy Efficiency in Hotel Industry: The Case of India,"
Journal of Hospitality Financial Management: Vol. 31:
Iss.
1, Article 3.
DOI: http://dx.doi.org/10.7275/8q4h-je80
Available at:
https://scholarworks.umass.edu/jhfm/vol31/iss1/3