The Effect of Green-Technology Application on Financial Performance of Accredited Hospitality Facilities in Kenya

Henry Mogaka Nyamogosa (), George Otieno Obonyo () and Beatrice Chepngetich ()

Journal of Modern Hospitality, 2025, vol. 4, issue 1, 26 - 39

Abstract: Purpose: The study investigated the effect of green-technology application on financial performance of accredited hospitality facilities in Kenya. The study particularly examined the effect of energy-efficient appliances, water-efficient appliances and waste management appliances on financial performance of accredited hospitality facilities in Kenya. Methodology: Anchored on resource-based view and Porter’s Competitive Advantage theories, a quantitative approach with a cross-sectional survey research design was used to collect and analyze data. A sample size of 216 respondents from 449 targeted hospitality facility managers was obtained via stratification and proportionate sampling technique. Findings: The findings revealed that green-technology application has a significant positive effect on financial performance of accredited hospitality facilities. The energy-efficient appliances had the strongest effect (β = .354, t = 5.73, p < .001) on financial performance of accredited hospitality facilities, followed by waste management appliances (β = .315, t = 5.17, p < .001) and water-efficient appliances (β = .230, t = 3.81, p < .001). Unique Contribution to Theory, Policy and Practice: The study isolates the relative financial effect of water-efficient, energy-efficient and waste management appliances empirically, hence advancing the Resource-Based View and Porter’s Competitive Advantage. This establishes a hierarchy of strategic value among green technologies in hospitality facilities. Also, the study gives evidence-based justifications for government agencies and regulators to incentivize energy-efficient technologies, embrace public-private partnerships for training, encourage sustainability standards and align hospitality operations with national sustainability goals. Hospitality managers get actionable guidance from the study to prioritize energy-efficient appliances for immediate financial benefits while integrating water and waste management technologies as a strategic lever for long-term financial performance and competitiveness.

Keywords: Accredited Hospitality Facilities; Green-Technology Application; Financial Performance; Developing Economy; Kenya. (search for similar items in EconPapers)
Date: 2025
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