Global S&T Development Trend Analysis Platform of Resources and Environment
DOI | 10.1088/1748-9326/ab2dce |
Loss of profit in the hotel industry of the United States due to climate change | |
He, Pan1; Qiu, Yueming2; Wang, Yi David3; Cobanoglu, Cihan4; Ciftci, Olena4; Liu, Zhu1 | |
2019-08-01 | |
发表期刊 | ENVIRONMENTAL RESEARCH LETTERS |
ISSN | 1748-9326 |
出版年 | 2019 |
卷号 | 14期号:8 |
文章类型 | Article |
语种 | 英语 |
国家 | Peoples R China; USA |
英文摘要 | Tourism has been identified as a key economic sector vulnerable to climate change, yet direct empirical evidence is still lacking on the economic gain and loss of the tourism industry due to climate change. Here we find that temperature significantly affects the profits of the hotel industry with both spatial and seasonal heterogeneity. By using a rich dataset of the monthly financial records of more than 1700 hotels in 50 US states during 2016-2018 (approximately 3.2% of hotels nationally), we show that a deviation from 18 degrees C similar to 20 degrees C in monthly averaged temperature leads to a decrease in the profit rate. The effect is triggered by fewer customers, less revenue, and higher cost per occupied room partially due to the increased usage of electricity and water. Such an effect can be lasting and is less impactful for higher chain scale hotels. In future GHG emission scenarios, climate change will lead to a loss of profit in most climate zones particularly the southern regions, with higher GHG emissions leading to a more serious effect. This study contributes to the literature on how climate change affects human activities and helps refine the relevant damage function of climate change on tourism in existing climate models. |
英文关键词 | climate change weather hospitality profit |
领域 | 气候变化 |
收录类别 | SCI-E ; SSCI |
WOS记录号 | WOS:000490599700004 |
WOS关键词 | INTERNATIONAL TOURISM ; ADAPTATION ; MORTALITY ; WEATHER ; IMPACT |
WOS类目 | Environmental Sciences ; Meteorology & Atmospheric Sciences |
WOS研究方向 | Environmental Sciences & Ecology ; Meteorology & Atmospheric Sciences |
引用统计 | |
文献类型 | 期刊论文 |
条目标识符 | http://119.78.100.173/C666/handle/2XK7JSWQ/185594 |
专题 | 气候变化 |
作者单位 | 1.Tsinghua Univ, Inst Global Change Studies, Dept Earth Syst Sci, Beijing 100084, Peoples R China; 2.Univ Maryland, Sch Publ Policy, College Pk, MD 20742 USA; 3.Univ Int Business & Econ, Sch Banking & Finance, Beijing 100096, Peoples R China; 4.Univ South Florida Sarasota Manatee, M3 Ctr Hospitality Technol & Innovat, Sarasota, FL 34243 USA |
推荐引用方式 GB/T 7714 | He, Pan,Qiu, Yueming,Wang, Yi David,et al. Loss of profit in the hotel industry of the United States due to climate change[J]. ENVIRONMENTAL RESEARCH LETTERS,2019,14(8). |
APA | He, Pan,Qiu, Yueming,Wang, Yi David,Cobanoglu, Cihan,Ciftci, Olena,&Liu, Zhu.(2019).Loss of profit in the hotel industry of the United States due to climate change.ENVIRONMENTAL RESEARCH LETTERS,14(8). |
MLA | He, Pan,et al."Loss of profit in the hotel industry of the United States due to climate change".ENVIRONMENTAL RESEARCH LETTERS 14.8(2019). |
条目包含的文件 | 条目无相关文件。 |
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