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    Determinants of Tunisian hotel profitability: The role of managerial efficiency

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    Summary - Determinants of Tunisian Hotel.. (2).pdf (664.3Kb)
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    Date
    2015
    Author
    Aissa, Sami Ben
    Goiaed, Mohamed
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    Abstract
    Using financial data derived from 27 hotel companies operating in Tunisia, the paper reports an analysis of hotel profitability. Using Data Envelopment Analysis (DEA) and the Return On Assets (ROA) analysis managerial efficiency is shown to be important when holding geographical and operating contracts as constants. Nonetheless these two aspects have important implications for hotel profitability. Hotel size, level of indebtedness, exposure to crisis events and levels of managers' education are also influential. The implications for management tenure and optimal age of a hotel are discussed
    URI
    http://hdl.handle.net/10919/85357
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    • Academic Articles in Hospitality Sales (Feiertag Collection) [99]

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