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An Analysis of Relative Efficiency of Hotel Company Based on Accounting Information

  • Journal of Tourism Sciences
  • Abbr : JTS
  • 2008, 32(5), pp.233-249
  • Publisher : The Tourism Sciences Society Of Korea
  • Research Area : Social Science > Tourism

Yoon Ji-Hwan 1 CHOI KYUWAN 1

1경희대학교

Accredited

ABSTRACT

The purpose of this study is to evaluate the relative efficiency of hotel company based on accounting information. Specifically this evaluates technical efficiency, pure technical efficiency, scale efficiency, and examines the return to scale. This also analyses the difference of efficiency according to the management characteristics of hotel company: international brand, conglomerate, duty-free shop, casino, location etc. Also it analyze the profit as an output indicator corresponding to practical goal of hotel company. The results indicate that the relative efficiency of non-international brand hotel, non-conglomerate hotel, and hotel owning duty-free shop and casino is greater than others. Implications for the managers and CEOs of hotel company are discussed.

Citation status

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