Energy Sustainability and Its Impacts on Croatian Tourism
Energy efficiency, renewable energy sources, and environmental protection projects play a pivotal role in tourism. The World Tourism Organization (UNWTO) addresses resource management and energy use as one of the major issues. The main goal of the paper is to present the economic–financial analysis...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
The Institute of Economics, Zagreb
2017-01-01
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| Series: | Croatian Economic Survey |
| Subjects: | |
| Online Access: | https://hrcak.srce.hr/file/283797 |
| _version_ | 1797207733002305536 |
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| author | Marinela Krstinić Nižić Zvonimira Šverko Grdić Renata Endres |
| author_facet | Marinela Krstinić Nižić Zvonimira Šverko Grdić Renata Endres |
| author_sort | Marinela Krstinić Nižić |
| collection | DOAJ |
| description | Energy efficiency, renewable energy sources, and environmental protection projects play a pivotal role in tourism. The World Tourism Organization (UNWTO) addresses resource management and energy use as one of the major issues. The main goal of the paper is to present the economic–financial analysis and the assessment of investment projects in the construction of a conventional mid-size hotel using fossil fuels and a mid-size hotel based on sustainable principles and renewable energy sources. Comparative analysis of conventional and energy efficient hotels is used to calculate the key financial indicators in decision making. Case study shows that the introduction of renewable energy sources meets the needs of modern guests and increases the hotel's competitiveness, while the effects of energy sustainability reflect on the environment and reduced CO2 emissions. Based on the results, the paper suggests measures for improving energy sustainability in hotels and other tourism facilities. The paper is intended for those who deal with theoretical and practical issues of energy sustainability in tourism, tourism certificates, renewable energy sources and investment costs―scientists, researchers, PhD candidates and students as a basis for further comparative studies and benchmarking. It can also be useful for a considerably wider circle of users―managers at all levels and other business decision makers, as well as proprietors, investors, and creditors. |
| first_indexed | 2024-04-24T09:27:36Z |
| format | Article |
| id | doaj.art-38fcf34193834edbad1fb82260b9f34d |
| institution | Directory Open Access Journal |
| issn | 1330-4860 1846-3878 |
| language | English |
| last_indexed | 2024-04-24T09:27:36Z |
| publishDate | 2017-01-01 |
| publisher | The Institute of Economics, Zagreb |
| record_format | Article |
| series | Croatian Economic Survey |
| spelling | doaj.art-38fcf34193834edbad1fb82260b9f34d2024-04-15T14:33:52ZengThe Institute of Economics, ZagrebCroatian Economic Survey1330-48601846-38782017-01-011928310410.15179/ces.19.2.3Energy Sustainability and Its Impacts on Croatian TourismMarinela Krstinić Nižić0Zvonimira Šverko Grdić1Renata Endres2University of Rijeka, Faculty of Tourism and Hospitality Management in Opatija, CroatiaUniversity of Rijeka, Faculty of Tourism and Hospitality Management in Opatija, CroatiaUniversity of Rijeka, Faculty of Tourism and Hospitality Management in Opatija, CroatiaEnergy efficiency, renewable energy sources, and environmental protection projects play a pivotal role in tourism. The World Tourism Organization (UNWTO) addresses resource management and energy use as one of the major issues. The main goal of the paper is to present the economic–financial analysis and the assessment of investment projects in the construction of a conventional mid-size hotel using fossil fuels and a mid-size hotel based on sustainable principles and renewable energy sources. Comparative analysis of conventional and energy efficient hotels is used to calculate the key financial indicators in decision making. Case study shows that the introduction of renewable energy sources meets the needs of modern guests and increases the hotel's competitiveness, while the effects of energy sustainability reflect on the environment and reduced CO2 emissions. Based on the results, the paper suggests measures for improving energy sustainability in hotels and other tourism facilities. The paper is intended for those who deal with theoretical and practical issues of energy sustainability in tourism, tourism certificates, renewable energy sources and investment costs―scientists, researchers, PhD candidates and students as a basis for further comparative studies and benchmarking. It can also be useful for a considerably wider circle of users―managers at all levels and other business decision makers, as well as proprietors, investors, and creditors.https://hrcak.srce.hr/file/283797energy sustainabilityhotel industryecological certificateCO2 emissioninvestment costsenergy efficiency measures |
| spellingShingle | Marinela Krstinić Nižić Zvonimira Šverko Grdić Renata Endres Energy Sustainability and Its Impacts on Croatian Tourism Croatian Economic Survey energy sustainability hotel industry ecological certificate CO2 emission investment costs energy efficiency measures |
| title | Energy Sustainability and Its Impacts on Croatian Tourism |
| title_full | Energy Sustainability and Its Impacts on Croatian Tourism |
| title_fullStr | Energy Sustainability and Its Impacts on Croatian Tourism |
| title_full_unstemmed | Energy Sustainability and Its Impacts on Croatian Tourism |
| title_short | Energy Sustainability and Its Impacts on Croatian Tourism |
| title_sort | energy sustainability and its impacts on croatian tourism |
| topic | energy sustainability hotel industry ecological certificate CO2 emission investment costs energy efficiency measures |
| url | https://hrcak.srce.hr/file/283797 |
| work_keys_str_mv | AT marinelakrstinicnizic energysustainabilityanditsimpactsoncroatiantourism AT zvonimirasverkogrdic energysustainabilityanditsimpactsoncroatiantourism AT renataendres energysustainabilityanditsimpactsoncroatiantourism |