Performance analysis of the Gulf hotel industry: A Malmquist index with bias correction

被引：37
作者：
Assaf, A. George [2 ]
Barros, Carlos [1 ]
机构：
[1] Univ Tecn Lisboa, Inst Econ & Gestao, P-1100 Lisbon, Portugal
[2] Univ Massachusetts, Isenberg Sch Management, Amherst, MA 01003 USA
来源：
INTERNATIONAL JOURNAL OF HOSPITALITY MANAGEMENT | 2011年 / 30卷 / 04期
关键词：
Gulf hotel chains; Productivity; Biased technical change; Market trends; MANAGERIAL EFFICIENCY;
D O I：
10.1016/j.ijhm.2011.01.002
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
This study uses the Malmquist index with bias correction to analyze the performance of hotel chains from the UAE, Saudi Arabia and Oman. We show that Saudi Arabia hotel chains have the highest productivity growth, followed by the UAE and Omani hotel chains. A further decomposition of productivity indicates that a small number of hotel chains experienced an increase in revenues for lower occupancy rate, while most other hotel chains experienced an increase in occupancy rate for lower revenues. Related market discussions of the results are provided. (C) 2011 Elsevier Ltd. All rights reserved.
引用
收藏
页码：819 / 826
页数：8
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