Impact of the COVID-19 Pandemic on United States’ Hotel Productivity: A Multi-Period Analysis

Kód výsledku v 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>

Výsledek na webu

<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>

Jazyk výsledku

angličtina

Název v původním jazyce

Impact of the COVID-19 Pandemic on United States’ Hotel Productivity: A Multi-Period Analysis

Popis výsledku v původním jazyce

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&amp;B costs) multi-output (accommodation, F&amp;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.

Název v anglickém jazyce

Impact of the COVID-19 Pandemic on United States’ Hotel Productivity: A Multi-Period Analysis

Popis výsledku anglicky

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&amp;B costs) multi-output (accommodation, F&amp;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.

Druh

J_SC - Článek v periodiku v databázi SCOPUS

CEP obor

—

OECD FORD obor

50204 - Business and management

Projekt

—

Návaznosti

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Rok uplatnění

2024

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název periodika

European Journal of Business Science and Technology

ISSN

2336-6494

e-ISSN

2694-7161

Svazek periodika

10

Číslo periodika v rámci svazku

1

Stát vydavatele periodika

CZ - Česká republika

Počet stran výsledku

16

Strana od-do

107-122

Kód UT WoS článku

—

EID výsledku v databázi Scopus

2-s2.0-85201788283