Impact of the COVID-19 Pandemic on United States’ Hotel Productivity: A Multi-Period Analysis
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62156489%3A43110%2F24%3A43925554" target="_blank" >RIV/62156489:43110/24:43925554 - isvavai.cz</a>
Result on the web
<a href="https://doi.org/10.11118/ejobsat.2023.016" target="_blank" >https://doi.org/10.11118/ejobsat.2023.016</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.11118/ejobsat.2023.016" target="_blank" >10.11118/ejobsat.2023.016</a>
Alternative languages
Result language
angličtina
Original language name
Impact of the COVID-19 Pandemic on United States’ Hotel Productivity: A Multi-Period Analysis
Original language description
This paper uses the Malmquist Productivity Index to evaluate the impact of the COVID-19 pandemic on hotel productivity. It decomposes total factor productivity change (TFPC) into technical efficiency, pure and scale efficiency, and technical change to conclude on productivity growth before and after the outbreak of the pandemic. 112 hotels in four cities of the United States between 2011-2021 were subject to the analysis, using a multi-input (room, labor, and F&B costs) multi-output (accommodation, F&B, and total revenue) DEA-Malmquist model. The pandemic did not have an adverse effect on hotel productivity change, mainly due to the developments attributed to technological advancements. The paper offers crucial managerial implications. The results of the analysis emphasize the prominence of investment in technology to sustain productivity levels. It supports managers with strategy development and offers decision makers a wider overview of the sector.
Czech name
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Czech description
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Classification
Type
J<sub>SC</sub> - Article in a specialist periodical, which is included in the SCOPUS database
CEP classification
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OECD FORD branch
50204 - Business and management
Result continuities
Project
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Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace
Others
Publication year
2024
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
European Journal of Business Science and Technology
ISSN
2336-6494
e-ISSN
2694-7161
Volume of the periodical
10
Issue of the periodical within the volume
1
Country of publishing house
CZ - CZECH REPUBLIC
Number of pages
16
Pages from-to
107-122
UT code for WoS article
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EID of the result in the Scopus database
2-s2.0-85201788283