The efficiency of the hotel industry in Singapore

Existing literature related to evaluating the efficiency of the hotel industry, generally, uses different types of radial Data Envelopment Analysis (DEA) to compare the relative efficiency of different hotels in a location. This research note has adopted a different approach by treating years as dec...

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Main Authors: Ashrafi, Ali, Seow, Hsin Vonn, Lee, Lai Soon, Lee, Chew Ging
Format: Article
Language:English
English
Published: Elsevier 2013
Online Access:http://psasir.upm.edu.my/id/eprint/30332/
http://psasir.upm.edu.my/id/eprint/30332/1/The%20efficiency%20of%20the%20hotel%20industry%20in%20singapore.pdf
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author Ashrafi, Ali
Seow, Hsin Vonn
Lee, Lai Soon
Lee, Chew Ging
author_facet Ashrafi, Ali
Seow, Hsin Vonn
Lee, Lai Soon
Lee, Chew Ging
author_sort Ashrafi, Ali
building UPM Institutional Repository
collection Online Access
description Existing literature related to evaluating the efficiency of the hotel industry, generally, uses different types of radial Data Envelopment Analysis (DEA) to compare the relative efficiency of different hotels in a location. This research note has adopted a different approach by treating years as decision making units (DMUs). This will allow policymakers to evaluate the relative efficiency of a hotel industry as a whole over a specified time period so that the effects of the occurrence of events on the efficiency of hotel industry can be evaluated. This study focuses on the efficiency of hotel industry in Singapore from 1995 to 2010. The analysis is carried out using the non-radial DEA called the Slacks-Based Measure (SBM) to identify the efficient years. Then the efficient DMUs are ranked with the SBM model of super-efficiency.
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spelling upm-303322015-09-21T04:19:44Z http://psasir.upm.edu.my/id/eprint/30332/ The efficiency of the hotel industry in Singapore Ashrafi, Ali Seow, Hsin Vonn Lee, Lai Soon Lee, Chew Ging Existing literature related to evaluating the efficiency of the hotel industry, generally, uses different types of radial Data Envelopment Analysis (DEA) to compare the relative efficiency of different hotels in a location. This research note has adopted a different approach by treating years as decision making units (DMUs). This will allow policymakers to evaluate the relative efficiency of a hotel industry as a whole over a specified time period so that the effects of the occurrence of events on the efficiency of hotel industry can be evaluated. This study focuses on the efficiency of hotel industry in Singapore from 1995 to 2010. The analysis is carried out using the non-radial DEA called the Slacks-Based Measure (SBM) to identify the efficient years. Then the efficient DMUs are ranked with the SBM model of super-efficiency. Elsevier 2013 Article PeerReviewed application/pdf en http://psasir.upm.edu.my/id/eprint/30332/1/The%20efficiency%20of%20the%20hotel%20industry%20in%20singapore.pdf Ashrafi, Ali and Seow, Hsin Vonn and Lee, Lai Soon and Lee, Chew Ging (2013) The efficiency of the hotel industry in Singapore. Tourism Management, 37. pp. 31-34. ISSN 0261-5177 10.1016/j.tourman.2012.12.003 English
spellingShingle Ashrafi, Ali
Seow, Hsin Vonn
Lee, Lai Soon
Lee, Chew Ging
The efficiency of the hotel industry in Singapore
title The efficiency of the hotel industry in Singapore
title_full The efficiency of the hotel industry in Singapore
title_fullStr The efficiency of the hotel industry in Singapore
title_full_unstemmed The efficiency of the hotel industry in Singapore
title_short The efficiency of the hotel industry in Singapore
title_sort efficiency of the hotel industry in singapore
url http://psasir.upm.edu.my/id/eprint/30332/
http://psasir.upm.edu.my/id/eprint/30332/
http://psasir.upm.edu.my/id/eprint/30332/1/The%20efficiency%20of%20the%20hotel%20industry%20in%20singapore.pdf