Financial impact of LEED and energy star certifications on hotel revenues : evidence from U.S. hotels

Das, Prashant (Ecole hôtelière de Lausanne, HES-SO // University of Applied Sciences Western Switzerland) ; Robinson, Spenser (Central Michigan University) ; Singh, A.J. (Michigan State University)

This paper examines the topline performance of a cross-section of hotels in the United States from 2009-2013 to test whether green certified properties, LEED or Energy Star, generated revenue performance premiums over non-certified hotels. In other words, does it pay to be green? Regressions included regional, class, chain scale, size, and location controls. Custom comparable clusters were also separately test ed. Results show that LEED labeled hotels experience higher ADR bu t lower occupancy rates, resulting in a statistically insignificant difference in RevPAR. Energy Star labeled buildings consistently showed higher occupancy


Mots-clés:
Type de conférence:
full paper
Faculté:
Economie et Services
Ecole:
EHL
Classification:
Economie/gestion
Adresse bibliogr.:
Fort Myers, USA, 14-18 April 2015
Date:
Fort Myers, USA
14-18 April 2015
2015
Pagination:
21 p.
Publié dans
American Real Estate Society (ARES) Annual Meeting 2015
Le document apparaît dans:

Note: The status of this file is: restricted


 Notice créée le 2015-10-08, modifiée le 2018-12-05

Fichiers:
Télécharger le document
PDF

Évaluer ce document:

Rate this document:
1
2
3
 
(Pas encore évalué)