What parameters define the green hotels to increase their financial performance? An empirical research

Autores/as

DOI:

https://doi.org/10.17561/ree.n2.2025.9474

Palabras clave:

green hotel, financial performance, sustainability, environmental awareness, technology, training

Resumen

Based on participatory research involving 279 green hotels from a database of 1200 provided by Ecostars, several key factors have been identified to enhance their performance. One of the most significant is the acquisition of recognized green certifications, which has a direct positive impact on both environmental performance and the market positioning of hotels. Equally important is the management of green elements, such as implementing practices for waste reduction, energy efficiency, and water conservation. The adoption of advanced technology also plays a vital role in optimizing resource use and supporting sustainability goals. Moreover, ongoing employee training is essential for raising environmental awareness and ensuring that sustainable practices are consistently applied across all operational levels. Together, these parameters—certification, management of green elements, technology use, and staff training—are critical for improving the overall environmental impact and competitive edge of green hotels in the market.

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Biografía del autor/a

  • José A. Folgado-Fernández, Universidad de Extremadura

    Professor at Department of Financial Economics and Accounting at University of Extremadura. Faculty of Business, Finance and Tourism, Cáceres, Spain.

    PhD in Economy at University of Extremadura. He was given a PhD Extraordinary Award.  Post-doc Research Stay at University of Beira Interior (Portugal).

    His research focuses on economics, technology and tourism management. He has published several papers in specialised journals. He is also reviewer of international journals.

    Prior to his academic career, he worked in managing several service companies.

    ORCID iD: 0000-0003-2917-0938;

    Researcher ID WOS: F-9582-2017

    https://scholar.google.es/citations?user=V6RAHf8AAAAJ&hl=es

    https://www.researchgate.net/profile/Jose_Folgado-Fernandez

    ID SCOPUS  57190817810

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Publicado

2025-07-31

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Tribuna EBEN

Cómo citar

Folgado-Fernández, J. A., Leal-Solís, A., Robina-Ramírez, R., Medina-Merodio , J. A. ., & Marino-Romero, . J. A. (2025). What parameters define the green hotels to increase their financial performance? An empirical research. Revista De Estudios Empresariales. Segunda Época, 2, 199-224. https://doi.org/10.17561/ree.n2.2025.9474