Determinants of environmental certification in Portuguese hotel companies
Martins Catarina (),
Alves Jorge Manuel Afonso and
Silva Anita
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Martins Catarina: Instituto Politécnico de Bragança, Campus de Santa Apolónia, CITUR Centre for Tourism Research, Development and Innovation
Alves Jorge Manuel Afonso: UNIAG, Instituto Politécnico de Bragança, Campus de Santa Apolónia
Silva Anita: School of Public Management, Communication and Tourism, Polytechnic Institute of Bragança. Campus do Cruzeiro, Mirandela, Portugal
European Journal of Tourism, Hospitality and Recreation, 2023, vol. 13, issue 2, 225-235
Abstract:
There are many responsible business and investment initiatives in the field of environmental performance, and among these, certification is a targeted mechanism. In this work, we intend to study the determinants of environmental certification of hotel companies, analysing the Portuguese case. The empirical study considers hotel companies established in Portugal that may operate one or more hotel units. The information retrieved from the Portuguese National Tourism Registry and Iberian Balance Sheet Analysis System database was coded, and a database was built in the SAS software. Variable and data analysis was conducted using descriptive statistics, variable correlations, and the Tobit regression model. The results indicate that affiliation to a brand, hotel classification and hotel size are factors that explain environmental certification, but the return on sales was not statistically significant in this study. These results are important to understanding the determinants of environmental certification in hotel companies since, as a topic of research, it has had little attention prior to the study for the Portuguese case, thus reinforcing the importance of this research. The study also reveals the restricted sample of hotel companies with environmental certification in Portugal, which did not allow computing other study variables that would improve the empirical work.
Keywords: Environmental certification; Hotel affiliation; Hotel companies; Hotel profitability (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:vrs:ejothr:v:13:y:2023:i:2:p:225-235:n:7
DOI: 10.2478/ejthr-2023-0018
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