Dynamic efficiency assessment of the Chinese hotel industry

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	Dynamic efficiency assessment of the Chinese hotel industry
	Huang, Yinghua ; Mesak, Hani I. ; Hsu, Maxwell K. ; Qu, Hailin ; Huang YH(黄颖华)
刊名	http://dx.doi.org/10.1016/j.jbusres.2011.07.015
	2012-01
关键词	DATA ENVELOPMENT ANALYSIS RESOURCE-BASED THEORY TECHNICAL EFFICIENCY PERFORMANCE PRODUCTIVITY MODELS OPENNESS
英文摘要	The paper introduces for the first time a totally dynamic two-stage approach to analyzing the hotel industry's technical efficiency at the sub-national level. The first stage uses data envelopment window analysis (DEWA) to assess regional hotel sectors' technical efficiency over time. Unlike previous studies, the second stage uses a dynamic Tobit model to investigate the impact of macro contextual factors on the hotel sector efficiency. The study chooses the Chinese hotel industry during the period 2001-2006 as its application setting. The findings of the investigation indicate that the Chinese hotel industry is approaching an efficient operation in general, recovering from a major dip in 2003 resulting from the Severe Acute Respiratory Syndrome (SARS) outbreak. In addition, the study introduces a novel two-dimensional efficiency-based matrix to assess the competitive advantage of different regions of the Chinese hotel sector. The paper presents strategic market implications for hoteliers, government decision-makers, and destination management organizations. The proposed methods are applicable for situations in which an exogenous event of a destabilizing impact (e.g., SARS) does occur. (C) 2011 Elsevier Inc. All rights reserved.
语种	英语
出版者	J BUS RES
内容类型	期刊论文
源URL	[http://dspace.xmu.edu.cn/handle/2288/87641]
专题	管理学院－已发表论文
推荐引用方式 GB/T 7714	Huang, Yinghua,Mesak, Hani I.,Hsu, Maxwell K.,et al. Dynamic efficiency assessment of the Chinese hotel industry[J]. http://dx.doi.org/10.1016/j.jbusres.2011.07.015,2012.
APA	Huang, Yinghua,Mesak, Hani I.,Hsu, Maxwell K.,Qu, Hailin,&黄颖华.(2012).Dynamic efficiency assessment of the Chinese hotel industry.http://dx.doi.org/10.1016/j.jbusres.2011.07.015.
MLA	Huang, Yinghua,et al."Dynamic efficiency assessment of the Chinese hotel industry".http://dx.doi.org/10.1016/j.jbusres.2011.07.015 (2012).