The performance of the Slovenian hotel industry: evaluation post‐privatisation

Assaf, A. George; Cvelbar, Ljubica Knežević

doi:10.1002/jtr.765

Cited by 51 publications

(41 citation statements)

References 32 publications

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“…Similar to previous studies (Assaf & Knežević, 2010;Davutyan, 2007), a difference in efficiency results between small-and medium-sized hotels has been found. Small-sized hotel, although they have more limited resources, manage it better than medium-sized hotels.…”

Section: Discussionsupporting

confidence: 89%

“…It is especially valuable, while in contrast to other research, it uses hotels internal results. This study also contributes to the ongoing debate concerning the difference in efficiency among hotels of different size (Assaf & Knežević, 2010;Davutyan, 2007;Hwang & Chang, 2003;Sanjeev, 2007;Wang, Hung & Shang, 2006).…”

Section: Resultsmentioning

confidence: 78%

“…When comparing these results with previous research, Croatia has lower level of efficiency than other countries. While results of the international tourist hotel sector in Taiwan reveal an average efficiency of 80%, Assaf and Knežević's (2010) research in Slovenian hotels shows a high average of 88%. This efficiency can be an excellent benchmark for hotel managers to use when comparing themselves with their competitors since it comprises different expenses, total revenue and occupancy rate.…”

Section: Discussionmentioning

confidence: 93%

“…One of the advantages of the DEA is that can be used on a small sample of hotels (Assaf & Knežević, 2010;Cheng, Lu, & Chung, 2010). In 1996 Parkan applied various techniques to evaluate the performance of hotel companies in the US.…”

Section: Data Envelopment Approach In the Hospitality Industrymentioning

confidence: 99%

“…Sanjeev (2007) explored the relationship between the efficiency and size of hotels in India and found no clear link. Assaf and Knežević (2010) examined the effect of the hotels' business year, star rating and size and found that they are positively related. Davutyan (2007) found out that 4-star hotels in Turkey have higher efficiency scores than 5-star hotels.…”

Section: Introductionmentioning

confidence: 99%

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Efficiency in the hotel industry: an empirical examination of the most influential factors

Poldrugovac

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2016

Economic Research-Ekonomska Istraživanja

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The purpose of this article is to provide insights into hotel efficiency and investigate which hotels are performing better. Hotel efficiency is examined using data envelopment analysis (DEA) and the outputoriented BCC model is applied on the hotels' internal accounting information. The study further explores whether there are differences in efficiency between hotels of different size and quality. The results show that average efficiency is high, but not all hotels are performing at their maximum efficiency. A significant relationship between size and hotel efficiency has been found. This study provides a potential framework for efficiency measurement and contributes to the growing body of knowledge in the area of hotel efficiency in the context of a country that is predominantly concentrated on seasonal seaside tourism. The results of this research offer useful insights for hotel managers, suggest ways of enhancing hotel productivity and provide guidance on which aspects to focus their attention in the decision-making process.

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Section: Discussionsupporting

confidence: 89%

Section: Resultsmentioning

confidence: 78%

Section: Discussionmentioning

confidence: 93%

Section: Data Envelopment Approach In the Hospitality Industrymentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

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Achieving tourist destination competitiveness: Evidence from Latin‐American and Caribbean countries

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We evaluate tourist efficiency in Latin‐America and the Caribbean, an area of growing interest in international tourism. We take 17 countries with homogeneous information for 2011–2015 and apply a two‐stage conditioned evaluation. We gauge efficiency using data envelopment analysis of a production function to maximize overnight stays given tourist resources and estimate the impact of external factors for infrastructures, cultural and natural resources, level of development, and so forth. We use a double bootstrap procedure to correct bias in efficiency ratios and serial correlation with second stage variables. We find that countries operate below their possibilities when attracting international tourism. The most efficient are in the Caribbean and Mexico, who specialize in sun and sand tourism. There is evidence that cultural resources and transport infrastructure improve performance. We find the opposite for natural resources and other infrastructures. This research furthers our knowledge of tourist efficiency analysis in an area where such studies remain scarce.

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Tourism Industry in Bangladesh: An Assessment of Advanced SWOT Model and TOWS Matrix

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Tourism in Bangladesh: Investment and Development Perspectives

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The performance of the Slovenian hotel industry: evaluation post‐privatisation

Cited by 51 publications

References 32 publications

Efficiency in the hotel industry: an empirical examination of the most influential factors

Efficiency in the hotel industry: an empirical examination of the most influential factors

Achieving tourist destination competitiveness: Evidence from Latin‐American and Caribbean countries

Tourism Industry in Bangladesh: An Assessment of Advanced SWOT Model and TOWS Matrix

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