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Technical and allocative efficiency in a chain of small hotels [An article from: International Journal of Hospitality Management]
Book Details
Author(s)C.P. Barros, M. Jose Mascarenhas
PublisherElsevier
ISBN / ASINB000RR7JV4
ISBN-13978B000RR7JV1
MarketplaceFrance 🇫🇷
Description
This digital document is a journal article from International Journal of Hospitality Management, published by Elsevier in . The article is delivered in HTML format and is available in your Amazon.com Media Library immediately after purchase. You can view it with any web browser.
Description:
In this paper, we analyse the technical efficiency and allocative efficiency of hotels belonging to the Portuguese state-owned chain, Pousadas de Portugal, in order to investigate the performance of the chain as a whole. The resource-based view of management sees hotels as heterogeneous, but with different competitive advantages and disadvantages, which brings about differences of performance within the chain. In investigating the efficiency of the constituent units, we find that the results are, at best, mixed. Therefore, we propose a management revision to enforce efficiency, based on a governance-environment framework.
Description:
In this paper, we analyse the technical efficiency and allocative efficiency of hotels belonging to the Portuguese state-owned chain, Pousadas de Portugal, in order to investigate the performance of the chain as a whole. The resource-based view of management sees hotels as heterogeneous, but with different competitive advantages and disadvantages, which brings about differences of performance within the chain. In investigating the efficiency of the constituent units, we find that the results are, at best, mixed. Therefore, we propose a management revision to enforce efficiency, based on a governance-environment framework.
