Research Note: Performance Improvement in a Small Hotel Chain
Tien-Hui Chen,
Sheu- Der Wu,
Yueh-Yun Wang and
Jui-Feng Shih
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Tien-Hui Chen: Department of Tourism Management, FarEast University, No 49 Zhônghuá Road, Xinshi District, Tainan City 74448, Taiwan, ROC
Sheu- Der Wu: College of Hospitality and Leisure, FarEast University, Taiwan, ROC
Yueh-Yun Wang: Department of Leisure and Sports Management, FarEast University, Taiwan, ROC
Jui-Feng Shih: ToongMao Resorts & Hotels, Taiwan, ROC
Tourism Economics, 2013, vol. 19, issue 1, 217-224
Abstract:
This study applies dual analysis and data envelopment analysis for the performance improvement of a Taiwanese hotel chain. The aim is to ascertain what targets should be set for specific factors so that inefficient hotels can concentrate on those aspects of their performance that need improvement. The advantage of this approach is that managers can make better improvement-oriented decisions through a comparison of the total reduction in costs that can be achieved by various actions. Some practical management insights based on the results of this work are also presented.
Keywords: data envelopment analysis; dual analysis; hotel industry; performance improvement (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:sae:toueco:v:19:y:2013:i:1:p:217-224
DOI: 10.5367/te.2013.0194
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