Managerial Efficiency and Hospitality Industry: The portuguese case
JOURNAL
YEAR
Sep 21, 2011
TYPE
Articles in journals
AUTHORS
Barros, C., Peypoch, N., Solonandrasana, B.
VOL Nº
43
PAGES
10
ABSTRACT
In this paper, the innovative two-stage procedure of Simar and Wilson (2007) is used to estimate the efficiency determinants of Portuguese hotels. In the first stage, the hotels’ technical efficiency is estimated with DEA (data envelopment analysis) in order to establish which hotels have with the most efficient performance. These could serve as peers to help improve performance of the least efficient hotels. We rank these hotels according to their total productivity for the period 1998-2005. In the second stage, the Simar and Wilson model is used to bootstrap the DEA scores with a truncated regression. Managerial implications arising from the study are considered.
JEL CLASS
KEYWORDS
Efficiency,Data Envelopment analysis,Bootstrap,Hospitality Industry