RT info:eu-repo/semantics/article
T1 Cost and profit efficiencies in the Spanish hotel industry
A1 Arbelo Álvarez, Antonio Manuel
A1 Pérez Gómez, María del Pilar
A1 Rosa González, Felipe Manuel
A1 González Dávila, Enrique Francisco
K1 hotel sector
K1 costs efficiency
K1 profit efficiency
K1 competitive advantage
K1 data panel
K1 distribution free
AB This article focuses on estimating and discussing cost and profit efficiencies related with the Spanish hotel sector. Managers have a special interest in controlling costs as a source of competitive advantage, which may enable companies to improve their results in a continuous manner. However, they usually do not attribute much importance to the improvement of profit efficiency, which is generally much lower than cost efficiency and as a result vital for achieving competitive advantage. In this article, cost and profit efficiencies are estimated in the Spanish hotel sector using a data panel for the years 2007 to 2011 and using distribution free approach methodology. The results show profit efficiency levels significantly lower than levels of cost efficiency, thereby confirming our working hypothesis.
YR 2015
FD 2015
LK http://riull.ull.es/xmlui/handle/915/35989
UL http://riull.ull.es/xmlui/handle/915/35989
LA en
DS Repositorio institucional de la Universidad de La Laguna
RD 21-nov-2024