Untangling the inefficiency of hotel industry: The Portuguese Teixeira Duarte hotel chain analysis

Detalhes bibliográficos
Autor(a) principal: Ferreira, N. B.
Data de Publicação: 2022
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://hdl.handle.net/10071/26686
Resumo: In this study the technical efficiency was analyzed for four hotels of the Teixeira Duarte Group - a renowned Portuguese hotel chain. An efficiency ranking was established for these four Portuguese hotels units using Stochastic Frontier Analysis. This methodology allowed discriminating between measurement error and systematic inefficiencies, enabling the identification of the main inefficiency causes. The results showed that distance to the airport and higher price of accommodations promote efficiency. Additionally, hotels with many standard rooms and sea views are likely to achieve higher levels of efficiency. These results should be carefully considered when aiming at improving hotel's efficiency, especially in Portuguese units with similar typology and location of the ones considered in this analysis.
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spelling Untangling the inefficiency of hotel industry: The Portuguese Teixeira Duarte hotel chain analysisHotel industryEfficiencyStochastic Frontier Analysis (SFA)In this study the technical efficiency was analyzed for four hotels of the Teixeira Duarte Group - a renowned Portuguese hotel chain. An efficiency ranking was established for these four Portuguese hotels units using Stochastic Frontier Analysis. This methodology allowed discriminating between measurement error and systematic inefficiencies, enabling the identification of the main inefficiency causes. The results showed that distance to the airport and higher price of accommodations promote efficiency. Additionally, hotels with many standard rooms and sea views are likely to achieve higher levels of efficiency. These results should be carefully considered when aiming at improving hotel's efficiency, especially in Portuguese units with similar typology and location of the ones considered in this analysis.Society for Science and Education2022-12-20T09:38:14Z2022-01-01T00:00:00Z20222022-12-20T09:36:59Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/10071/26686eng2054-740410.14738/abr.108.12916Ferreira, N. B.info:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-11-09T17:40:15Zoai:repositorio.iscte-iul.pt:10071/26686Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T22:18:36.894971Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse
dc.title.none.fl_str_mv Untangling the inefficiency of hotel industry: The Portuguese Teixeira Duarte hotel chain analysis
title Untangling the inefficiency of hotel industry: The Portuguese Teixeira Duarte hotel chain analysis
spellingShingle Untangling the inefficiency of hotel industry: The Portuguese Teixeira Duarte hotel chain analysis
Ferreira, N. B.
Hotel industry
Efficiency
Stochastic Frontier Analysis (SFA)
title_short Untangling the inefficiency of hotel industry: The Portuguese Teixeira Duarte hotel chain analysis
title_full Untangling the inefficiency of hotel industry: The Portuguese Teixeira Duarte hotel chain analysis
title_fullStr Untangling the inefficiency of hotel industry: The Portuguese Teixeira Duarte hotel chain analysis
title_full_unstemmed Untangling the inefficiency of hotel industry: The Portuguese Teixeira Duarte hotel chain analysis
title_sort Untangling the inefficiency of hotel industry: The Portuguese Teixeira Duarte hotel chain analysis
author Ferreira, N. B.
author_facet Ferreira, N. B.
author_role author
dc.contributor.author.fl_str_mv Ferreira, N. B.
dc.subject.por.fl_str_mv Hotel industry
Efficiency
Stochastic Frontier Analysis (SFA)
topic Hotel industry
Efficiency
Stochastic Frontier Analysis (SFA)
description In this study the technical efficiency was analyzed for four hotels of the Teixeira Duarte Group - a renowned Portuguese hotel chain. An efficiency ranking was established for these four Portuguese hotels units using Stochastic Frontier Analysis. This methodology allowed discriminating between measurement error and systematic inefficiencies, enabling the identification of the main inefficiency causes. The results showed that distance to the airport and higher price of accommodations promote efficiency. Additionally, hotels with many standard rooms and sea views are likely to achieve higher levels of efficiency. These results should be carefully considered when aiming at improving hotel's efficiency, especially in Portuguese units with similar typology and location of the ones considered in this analysis.
publishDate 2022
dc.date.none.fl_str_mv 2022-12-20T09:38:14Z
2022-01-01T00:00:00Z
2022
2022-12-20T09:36:59Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv http://hdl.handle.net/10071/26686
url http://hdl.handle.net/10071/26686
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv 2054-7404
10.14738/abr.108.12916
dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv Society for Science and Education
publisher.none.fl_str_mv Society for Science and Education
dc.source.none.fl_str_mv reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
instacron:RCAAP
instname_str Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
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reponame_str Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
collection Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
repository.name.fl_str_mv Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
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