Modelling the Performance of Australian Hotels: A DEA Double Bootstrap Approach
A. Georges Assaf and
Frank Agbola
Additional contact information
A. Georges Assaf: Isenberg School of Management, 90 Campus Center Way, 209A Flint Lab, University of Massachusetts–Amherst, Amherst, MA 01003, USA
Tourism Economics, 2011, vol. 17, issue 1, 73-89
Abstract:
This study uses the data envelopment analysis (DEA) double bootstrap approach to assess the technical efficiency standing of Australian hotels. Two inputs and six outputs were used in the analyses for the period 2004–2007. The empirical results indicate that the DEA bootstrap approach corrects for the bias inherent in traditional DEA models. The results show that the average technical efficiency of Australian hotels has improved gradually from 76.17% in 2004 to reach its highest level of 80.84% in 2007. The results also indicate that the key determinants of the technical efficiency of Australian hotels are the number of years in business, location, star rating and physical size. The implications of the results are discussed.
Keywords: DEA double bootstrap; hotel efficiency; hotel performance measurement; Australian hotels (search for similar items in EconPapers)
Date: 2011
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (40)
Downloads: (external link)
https://journals.sagepub.com/doi/10.5367/te.2011.0027 (text/html)
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:sae:toueco:v:17:y:2011:i:1:p:73-89
DOI: 10.5367/te.2011.0027
Access Statistics for this article
More articles in Tourism Economics
Bibliographic data for series maintained by SAGE Publications ().