Impact on Annual Energy Cost due to Air-Conditioner selection for Hotel Business setup in North India

Energy consumption is a critical factor in determining the overall cost and profitability of a hotel. High energy consumption can significantly increase operating costs, which directly impacts the overall financial performance of a hotel (Filimonau et al., 2011). By reducing energy consumption, hotels can effectively lower their operating costs and increase profitability. This can be achieved through various measures such as implementing energy-efficient lighting systems, optimizing HVAC systems, using smart technologies for better control and monitoring of energy usage, and adopting energy-saving practices in areas such as heating, cooling, and ventilation. Implementing these energy-saving measures can not only reduce the hotel’s carbon footprint but also improve its competitiveness in the market (Čingoski & Petrevska, 2018). Additionally, promoting energy conservation in a hotel can also contribute to enhancing its reputation and attracting environmentally conscious guests (Filimonau et al., 2011). Overall, the impact of energy consumption on the cost and profit of a hotel is significant.