Factors affecting energy-efficiency investment in the hotel industry: survey results from Spain

Factors affecting energy-efficiency investment in the hotel industry: survey results from Spain

Increasing energy efficiency is a major way of saving energy and thus reducing energy expenses. However, adoption of energy efficiency is generally low, as demonstrated by the energy efficiency gap. To understand that gap, this paper analyses the factors that affect how the energy efficiency attribu...

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Bibliographic Details
Published in:Energy efficiency Vol. 14; no. 4; p. 41
Main Authors: López-Bernabé, Elena, Foudi, Sébastien, Linares, Pedro, Galarraga, Ibon
Format: Journal Article
Language:English
Published: Dordrecht Springer Netherlands 2021
Springer Nature B.V
Subjects:
Air conditioning
Climatic conditions
Cottages
Economics and Management
Energy
Energy conservation
Energy Efficiency
Energy Policy
Environment
Environmental Economics
Environmental perception
Hostels
Hotels
Hotels & motels
HVAC
HVAC equipment
Original
Original Article
Polls & surveys
Renewable and Green Energy
Sustainable Development
Topical Collection on Consumer energy efficiency decision making across sectors
Spain
Energy-efficiency HVAC system
Environmental attitudes
Energy efficiency investments
Hotel industry
Barriers
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Summary:Increasing energy efficiency is a major way of saving energy and thus reducing energy expenses. However, adoption of energy efficiency is generally low, as demonstrated by the energy efficiency gap. To understand that gap, this paper analyses the factors that affect how the energy efficiency attribute is rated in investment in heating, ventilation and air conditioning (HVAC) systems in the hotel industry in Spain. A survey conducted on two hundred owners of hotels, hostels and holiday cottages (referred to jointly here for the sake of convenience as “the hotel industry”) shows that the value placed on energy efficiency is influenced not just by climate conditions, environmental concern and type of hotel but also by other attributes of the HVAC system such as brand reliability, price and performance. The hotel industry may also be identifying EE as a proxy for quality rather than savings. Designing the right energy-efficiency policy entails accounting for potential responses by agents, and this analysis helps identify those drivers to which they may or may not respond.
ISSN:1570-646X
1570-6478
DOI:10.1007/s12053-021-09936-1