| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 1010048 | International Journal of Hospitality Management | 2011 | 7 Pages |
Abstract
This paper tests several hypothesis related to the impact of privatization, market competition, management tenure and international attractiveness on the cost efficiency of tourist hotels. We measure efficiency using the innovative Bayesian frontier methodology. The data involve a sample of Slovenian hotels which operate in a highly dynamic environment. From the results, it is clear that hotel efficiency is positively related to privatization and international attractiveness, and negatively related to longer management tenure. No significant link, on the other hand, is found between market competition and hotel efficiency. Further discussions of these findings and related managerial implications are provided.
Related Topics
Social Sciences and Humanities
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Strategy and Management
Authors
A. Assaf, Knežević Ljubica Cvelbar,