Boston University School of Managment Working Paper 2010-31
33 Pages Posted: 3 Jul 2010 Last revised: 30 May 2014
Date Written: June 22, 2010
An exploratory study has been conducted to establish two sustainability measures reflecting consumption of resources at 984 sites in the U.S. hospitality industry over an 8 year period: first one is driven by operating factors (OPF), and the other is driven by consumer behavior related factors (BEF). A comparative analysis of these factors based on local differences at these sites is offered: ownership - manage self owned asset versus hire professional management company; type of management structure - franchisee/chain versus third-party oversight; location - urban versus rural; type of ambient climate - hot versus cold; and the type of consumer - corporate groups vs. individuals served. Systematic differences are observed between the average OPF and BEF measurements based on these variegated local differences. These differences inform the development of a framework to assess the tensions between investments made by asset owners and the commitment by its operator to implement sustainable operating practices.
Keywords: environmental sustainability measure, technical efficiency, built environment
Suggested Citation: Suggested Citation
Zhang, Jie J. and Joglekar, Nitin and Verma, Rohit, Sustainability Measurements in the Built Hospitality Environment: Asset Ownership & Operational Choices (June 22, 2010). Boston University School of Managment Working Paper 2010-31. Available at SSRN: https://ssrn.com/abstract=1632824 or http://dx.doi.org/10.2139/ssrn.1632824