Cost Efficiency of Portuguese Hotels in the Algarve: A Comparative Analysis Using Mathematical and Econometric Approaches

Oliveira, Ricardo C. L. F.; Pedro, Maria Isabel; Marques, Rui Cunha

doi:10.5367/te.2013.0309

Cited by 7 publications

(8 citation statements)

References 38 publications

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“…For the purpose of our analysis, we consider the simplest production model, including only two inputs and one output, thus we can avoid potential precision problems related to the curse of dimensionality when working in higher dimensions (Daraio and Simar, 2007). The input variables are the total number of employees, as a proxy of human resources, and the total fixed assets, as a measure of capital investment, whereas the output measure is represented by total sales, which are a direct consequence of the provided services and goal achievement (Oliveira et al, 2014).…”

Section: Methodsmentioning

confidence: 99%

Evaluating hotel productivity growth in Balearic and Canary islands

Ferrera

Tzeremes

2016

Tourism Economics

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This article examines the productivity of hotels operating in the two main sun and sand tourism markets in Spain, the Balearic, and the Canary Islands, from 2004 to 2013. In this manner, we can evaluate the impact of the global economic crisis on this sector. To tackle this issue, we apply alternative Malmquist productivity index decompositions to distinguish between different components of productivity. The results reveal that the economic downturn had major negative effects on hotel productivity for 2 years (2008 and 2009). After that period, hotels have increased their productivity levels driven by both technological and catching-up changes. This result provides new evidence supporting the fact that units operating in those destinations might avoid the process of decline predicted by Butler’s life cycle model.

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Section: Methodsmentioning

confidence: 99%

Evaluating hotel productivity growth in Balearic and Canary islands

Ferrera

Tzeremes

2016

Tourism Economics

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“…Oliveira, Pedro and Marques [16] made a study based on a sample of 28 prestige hotels (four-and five-star hotels) from Algarve, one of the most important travel destinations in Portugal. They used two models, the data envelopment analysis and stochastic frontier approach techniques, to address the issue of efficiency.…”

Section: Csr In Tourismmentioning

confidence: 99%

Perceptions of Future Employees toward CSR Environmental Practices in Tourism

et al. 2017

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Abstract:Corporate social responsibility (CSR) in tourism, with its central evironmental dimension, represents an important component for the sustainable growth of the tourism industry. The related CSR education could prove a major factor for future professional performance in this field of activity. Thus, this article is aimed at identifying the perceptions of current business students about CSR (students from study programs dedicated to business administration in tourism) and the importance they attribute to CSR environmental practices, mainly from their perspective as future employees in the tourism industry. We elaborated a research methodology based on the Ecolabelling principles, designed by the European Union in 2009. Our findings revealed that business tourism students assign more importance to several specific CSR environmental practices and that the importance of these CSR practices is statistically significant (we determined this significance by using the Friedman, Paired-Samples t-, ANOVA, Kruskal-Wallis and Bartlett sphericity statistical tests). The elaborated research methodology proved to be statistically highly reliable. Results also show the differences regarding the CSR practices preferred by various categories of students according to their study levels and gender. Our results pointed out that our third-year bachelor students showed a higher interest in CSR practices related to their professional training, while students from the master level degree attached more importance to CSR practices related to the environment. We also confirmed conclusions of previous studies that female respondents attach more importance to environmental issues than male respondents. Thus, we can state that a higher level of education is a key factor that supports CSR development in practice. Also, a significant conclusion of our research is related to the academic curricula for business faculties which must incorporate solid CSR and business ethics-dedicated courses and offer the needed support for the development of thematic projects about CSR Environmental practices in hotels.

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“…It also allows the inclusion of multiple inputs and outputs when measuring performance. The method has been widely used in the tourism and other related literatures (Assaf and Barros, 2013; Assaf et al, 2012; Barros et al, 2012; Botti et al, 2010; Huang et al, 2014; Krasnikov et al, 2009; Oliveira et al, 2014).…”

Section: Methodsmentioning

confidence: 99%

Internationalization and hotel performance

Assaf

Josiassen

2015

Tourism Economics

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Few industries are as inherently international as the hotel industry. This article sets out to investigate the impact of internationalization on performance in the hotel industry. Building on the theory of organizational learning the authors test several hypotheses regarding the shape of the internationalization–performance relationship as well as the impact of four moderating variables. In line with the research aim and the underlying dynamism of organizational learning theory, these hypotheses are tested using a dynamic Bayesian model. The results indicate that internationalization has a U-shaped impact on hotel performance, moderated by cultural distance, regulations and restrictions and the level of development congruence. The authors discuss the implications of these findings for practice and provide directions for future research.

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Cost Efficiency of Portuguese Hotels in the Algarve: A Comparative Analysis Using Mathematical and Econometric Approaches

Cited by 7 publications

References 38 publications

Evaluating hotel productivity growth in Balearic and Canary islands

Evaluating hotel productivity growth in Balearic and Canary islands

Perceptions of Future Employees toward CSR Environmental Practices in Tourism

Internationalization and hotel performance

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