Regional Traffic & Medical Services and Cost Efficiency of International Tourist Hotels in Taiwan

Abstract

This study analyzes how regional public transport facilities and medical services affect the efficiency of international tourist hotels (ITHs). First, we adopt data envelopment analysis (DEA) to measure the cost efficiency of international tourist hotels in Taiwan during 1998 to 2009. Next, we use the truncated regression to estimate the effect of traffic convenience and medical services on cost efficiency. The distance to international airports and distance to MRT station have significantly negative effects on cost efficiency of international tourist hotels, while the distance to the freeway exit, distance to bus station, and pickup service, chain system, and shorter operating year have significantly positive impacts on their cost efficiency. The shorter distance to the hospital and more hospitals in a region significantly improve cost efficiency of ITHs in Taiwan.

Performance evaluation of the hotel industry in an emerging tourism destination: The case of Oman

“…Under the assumption that the distribution of efficiency is truncated normally with a mean of zero, Barros and Dieke (2008) examine the determinants of efficiency of African hotels. More recently, the truncated regression is applied with a bootstrapping procedure in Barros et al (2011), Chen et al (2010, Tundis, Corsino, and Zaninotto (2012), Fang (2013), Hu, Yeh, and Tsai (2014) and Hathroubi, Peypoch, and Robinot (2014). More extensive reviews and references can be found in, e.g., Manasakis, Apostolakis, and Datseris (2013) and Fang (2013).…”

Tendencias de la Investigación en Negocios Internacionales (2012-2016)

“…En cuanto al funcionamiento de mercados internacionales desde la perspectiva macroeconómica, están los situados en abordar cuestiones de shocks o contagio por condiciones adversas macroeconómicas (Abaidoo, 2015). A su vez, los estudios enfocados al análisis de costefficiency (Hu, Yeh & Tsai, 2014), que relacionan rentabilidad de los hoteles turísticos (caso Taiwan) y localización de infraestructura para el desarrollo del sector.…”

Measuring the efficiency of medical tourism industry in EU member states

“…DEA method has been also used in tourism industry by measuring the performance of the hotels (Assaf and Agbola, 2011;Barros, 2006;Tingting and Liang, 2015;Wöber, 2008;Kao et al, 2011;Soysal-Kurt, 2017;Hu et al, 2014;Debata et al, 2013). Therefore, this method has been selected as it has been used in both sectors (health and tourism) to measure efficiency and provide reliable results.…”