Please use this identifier to cite or link to this item: https://hdl.handle.net/1959.11/9920
Title: Measuring Operation Efficiency of Thai Hotels Industry: Evidence from Meta-Frontier Analysis
Contributor(s): Khrueathai, Phanin (author); Untong, Akarapong (author); Kaosa-ard, Mingsarn (author); Villano, Renato  (author)orcid 
Publication Date: 2011
Handle Link: https://hdl.handle.net/1959.11/9920
Abstract: This paper utilizes a unique hotel-level dataset to examine operational efficiency and technology gap in Thailand's hotels. This paper classifies the hotels in Thailand into five groups with distinctive levels of operational technologies. A meta-frontier analysis is applied to evaluate the operational efficiency scores of the hotels in same groups and between groups. The result show that, the hotels in the five groups differ in the use they make of input operational efficiency. Meanwhile, the mean efficiency of the hotels with room rate between 300-900 baht per night and total revenue lower than 1 million baht per year is particularly low. This study suggests to transferring knowledge about operational management from the hotels with higher operational efficiency to the hotels that had low operational efficiency. This might help to improve operational efficiency and competitiveness in long run.
Publication Type: Conference Publication
Conference Name: ICOAE 2011: International Conference On Applied Economics, Perugia, Italy, 25th - 27th August, 2011
Conference Details: ICOAE 2011: International Conference On Applied Economics, Perugia, Italy, 25th - 27th August, 2011
Source of Publication: Proceedings of the International Conference On Applied Economics, p. 315-323
Publisher: Technological Educational Institute (TEI) of Western Macedonia
Place of Publication: Kastoria, Greece
ISSN: 1791-9347
Field of Research (FOR): 140216 Tourism Economics
140301 Cross-Sectional Analysis
Socio-Economic Outcome Codes: 900301 Economic Issues in Tourism
900302 Socio-Cultural Issues in Tourism
Peer Reviewed: Yes
HERDC Category Description: E1 Refereed Scholarly Conference Publication
Other Links: http://kastoria.teikoz.gr/icoae/?p=376
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