IDEAS home Printed from https://ideas.repec.org/a/gam/jtourh/v4y2023i3p29-482d1226920.html
   My bibliography  Save this article

The Three Dimensions of Small Accommodation Businesses and Their Efficiency

Author

Listed:
  • Eleni Dimitriadou

    (Department of Agricultural Economics, Aristotle University of Thessaloniki, 54124 Thessaloniki, Greece)

  • Asimina Kouriati

    (Department of Agricultural Economics, Aristotle University of Thessaloniki, 54124 Thessaloniki, Greece)

  • Sofia Karampela

    (Department of Tourism, Ionian University, 49100 Corfu, Greece)

  • Anna Tafidou

    (Department of Mathematics, Aristotle University of Thessaloniki, 54124 Thessaloniki, Greece)

  • Thomas Bournaris

    (Department of Agricultural Economics, Aristotle University of Thessaloniki, 54124 Thessaloniki, Greece)

Abstract

Measuring efficiency and determining factors that may influence it are very important steps to improve the businesses’ competitive position, growth, and sustainability. This paper aims to investigate the efficiency of small accommodation businesses located in Greek non-coastal areas and to determine a set of factors that may affect it, from the perspective of the three dimensions of family businesses (family, business, ownership). The method adopted, in order for the research objective aim to be fulfilled, is the two-stage Data Envelopment Analysis model. In the first stage, the efficiency was estimated from a sample of 150 businesses. In the second stage, the influence of various factors on the examined efficiency was investigated by implementing a Bootstrap Truncated regression. The results showed that the majority of the examined businesses presented a low level of efficiency. Regarding the determination of the factors, it occurred that the manager’s age, ownership form, and business type influenced the relative efficiency level in contrast to the factors of the business’s age, the manager’s sex and education level, the state of succession, as well as the manager’s agricultural employment. By fulfilling the aim of this study, a significant contribution to the relative literature and especially to the hospitality field is offered.

Suggested Citation

  • Eleni Dimitriadou & Asimina Kouriati & Sofia Karampela & Anna Tafidou & Thomas Bournaris, 2023. "The Three Dimensions of Small Accommodation Businesses and Their Efficiency," Tourism and Hospitality, MDPI, vol. 4(3), pages 1-16, August.
    • Handle: RePEc:gam:jtourh:v:4:y:2023:i:3:p:29-482:d:1226920
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2673-5768/4/3/29/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/2673-5768/4/3/29/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Thomas Bournaris & George Vlontzos & Christina Moulogianni, 2019. "Efficiency of Vegetables Produced in Glasshouses: The Impact of Data Envelopment Analysis (DEA) in Land Management Decision Making," Land, MDPI, vol. 8(1), pages 1-11, January.
    2. Laura Parte-Esteban & Pilar Alberca-Oliver, 2015. "Determinants of technical efficiency in the Spanish hotel industry: regional and corporate performance factors," Current Issues in Tourism, Taylor & Francis Journals, vol. 18(4), pages 391-411, April.
    3. Gergely Szolnoki & Maximilian Tafel, 2022. "Environmental Sustainability and Tourism—The Importance of Organic Wine Production for Wine Tourism in Germany," Sustainability, MDPI, vol. 14(19), pages 1-12, September.
    4. Barros, Carlos Pestana & Nektarios, Milton & Assaf, A., 2010. "Efficiency in the Greek insurance industry," European Journal of Operational Research, Elsevier, vol. 205(2), pages 431-436, September.
    5. Rozenn Perrigot & Gérard Cliquet & Isabelle Piot-Lepetit, 2009. "Plural form chain and efficiency: Insights from theFrench hotel chains and the DEA methodology," Post-Print halshs-00422241, HAL.
    6. Katarina Poldrugovac & Metka Tekavcic & Sandra Jankovic, 2016. "Efficiency in the hotel industry: an empirical examination of the most influential factors," Economic Research-Ekonomska Istraživanja, Taylor & Francis Journals, vol. 29(1), pages 583-597, January.
    7. Daniel Guttentag, 2015. "Airbnb: disruptive innovation and the rise of an informal tourism accommodation sector," Current Issues in Tourism, Taylor & Francis Journals, vol. 18(12), pages 1192-1217, December.
    8. Laura Parte & Pilar Alberca, 2021. "Business Performance and Sustainability in Cultural and Rural Tourism Destinations," Mathematics, MDPI, vol. 9(8), pages 1-23, April.
    9. Fei-Ching Wang & Wei-Ting Hung & Jui-Kou Shang, 2006. "Measuring the Cost Efficiency of International Tourist Hotels in Taiwan," Tourism Economics, , vol. 12(1), pages 65-85, March.
    10. Kostas Kounetas & Fotis Papathanassopoulos, 2013. "How efficient are Greek hospitals? A case study using a double bootstrap DEA approach," The European Journal of Health Economics, Springer;Deutsche Gesellschaft für Gesundheitsökonomie (DGGÖ), vol. 14(6), pages 979-994, December.
    11. Dubois, Charline & Cawley, Mary & Schmitz, Serge, 2017. "The tourist on the farm: A ‘muddled’ image," Tourism Management, Elsevier, vol. 59(C), pages 298-311.
    12. Justo De Jorge & Cristina Suárez, 2014. "Productivity, efficiency and its determinant factors in hotels," The Service Industries Journal, Taylor & Francis Journals, vol. 34(4), pages 354-372, February.
    13. Fotios Chatzitheodoridis & Achilleas Kontogeorgos, 2020. "Exploring of a Small-Scale Tourism Product under Economic Instability: The Case of a Greek Rural Border Area," Economies, MDPI, vol. 8(3), pages 1-20, June.
    14. A. Georges Assaf & Frank W. Agbola, 2011. "Modelling the Performance of Australian Hotels: A DEA Double Bootstrap Approach," Tourism Economics, , vol. 17(1), pages 73-89, February.
    15. Ján Dobrovič & Veronika Čabinová & Peter Gallo & Petra Partlová & Jan Váchal & Beáta Balogová & Jozef Orgonáš, 2021. "Application of the DEA Model in Tourism SMEs: An Empirical Study from Slovakia in the Context of Business Sustainability," Sustainability, MDPI, vol. 13(13), pages 1-19, July.
    16. Simar, Leopold & Wilson, Paul W., 2007. "Estimation and inference in two-stage, semi-parametric models of production processes," Journal of Econometrics, Elsevier, vol. 136(1), pages 31-64, January.
    17. Fei-Ching Wang & Wei-Ting Hung & Jui-Kou Shang, 2006. "Measuring pure managerial efficiency of international tourist hotels in Taiwan," The Service Industries Journal, Taylor & Francis Journals, vol. 26(1), pages 59-71, January.
    18. Konstantakopoulou, Ioanna, 2022. "Does health quality affect tourism? Evidence from system GMM estimates," Economic Analysis and Policy, Elsevier, vol. 73(C), pages 425-440.
    19. Jui-Kou Shang & Fei-Ching Wang & Wei-Ting Hung, 2010. "A stochastic DEA study of hotel efficiency," Applied Economics, Taylor & Francis Journals, vol. 42(19), pages 2505-2518.
    20. Antonio Arbelo & Pilar Pérez-Gómez & Marta Arbelo-Pérez, 2018. "Estimating efficiency and its determinants in the hotel sector using a profit function," Current Issues in Tourism, Taylor & Francis Journals, vol. 21(8), pages 863-876, May.
    21. Haugland, Sven A. & Myrtveit, Ingunn & Nygaard, Arne, 2007. "Market orientation and performance in the service industry: A data envelopment analysis," Journal of Business Research, Elsevier, vol. 60(11), pages 1191-1197, November.
    22. Lado-Sestayo, Rubén & Fernández-Castro, Ángel Santiago, 2019. "The impact of tourist destination on hotel efficiency: A data envelopment analysis approach," European Journal of Operational Research, Elsevier, vol. 272(2), pages 674-686.
    23. Barros, Carlos P. & Chen, Zhongfei & Liang, Qi Bin & Peypoch, Nicolas, 2011. "Technical efficiency in the Chinese banking sector," Economic Modelling, Elsevier, vol. 28(5), pages 2083-2089, September.
    24. Perrigot, Rozenn & Cliquet, Gérard & Piot-Lepetit, Isabelle, 2009. "Plural form chain and efficiency: Insights from the French hotel chains and the DEA methodology," European Management Journal, Elsevier, vol. 27(4), pages 268-280, August.
    25. Brunella Arru & Roberto Furesi & Fabio A. Madau & Pietro Pulina, 2019. "Recreational Services Provision and Farm Diversification: A Technical Efficiency Analysis on Italian Agritourism," Agriculture, MDPI, vol. 9(2), pages 1-15, February.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Francisca J. Sánchez-Sánchez & Ana M. Sánchez-Sánchez, 2024. "Evaluating the efficiency and determinants of mass tourism in Spain: a tourist area perspective," Portuguese Economic Journal, Springer;Instituto Superior de Economia e Gestao, vol. 23(1), pages 111-145, January.
    2. Eleni Dimitriadou & Thomas Bournaris & Theodoros Stavrinoudis & Olga Iakovidou, 2021. "The Efficiency Score of Small Accommodation Businesses in Non-Coastal Rural Areas in Greece," Sustainability, MDPI, vol. 13(19), pages 1-15, October.
    3. Luis César Herrero-Prieto & Mafalda Gómez-Vega, 2017. "Cultural resources as a factor in cultural tourism attraction," Tourism Economics, , vol. 23(2), pages 260-280, March.
    4. Lado-Sestayo, Rubén & Fernández-Castro, Ángel Santiago, 2019. "The impact of tourist destination on hotel efficiency: A data envelopment analysis approach," European Journal of Operational Research, Elsevier, vol. 272(2), pages 674-686.
    5. Gómez Vega, Mafalda & Herrero Prieto, Luis César, 2017. "Determinantes de la eficiencia en la captación de turismo cultural nacional y extranjero en España: Un análisis regional/Drivers of Efficiency in Attracting Domestic and Foreign Cultural Tourism to Sp," Estudios de Economia Aplicada, Estudios de Economia Aplicada, vol. 35, pages 849-872, Agosto.
    6. Manuela Pulina & Valentina Santoni, 2018. "A two-stage DEA approach to analyse the efficiency of the hospitality sector," Tourism Economics, , vol. 24(3), pages 352-365, May.
    7. Angel Higuerey & Christian Viñan-Merecí & Zulema Malo-Montoya & Valentín-Alejandro Martínez-Fernández, 2020. "Data Envelopment Analysis (DEA) for Measuring the Efficiency of the Hotel Industry in Ecuador," Sustainability, MDPI, vol. 12(4), pages 1-18, February.
    8. Tsui-Yueh Cho & Tsai-Yi Wang, 2018. "Estimations of cost metafrontier Malmquist productivity index: using international tourism hotels in Taiwan as an example," Empirical Economics, Springer, vol. 55(4), pages 1661-1694, December.
    9. Athanasia Karakitsiou & Markos Kourgiantakis & Athanasia Mavrommati & Athanasios Migdalas, 2020. "Regional efficiency evaluation by input-oriented data envelopment analysis of hotel and restaurant sector," Operational Research, Springer, vol. 20(4), pages 2041-2058, December.
    10. Claudio Detotto & Manuela Pulina & Juan Brida, 2014. "Assessing the productivity of the Italian hospitality sector: a post-WDEA pooled-truncated and spatial analysis," Journal of Productivity Analysis, Springer, vol. 42(2), pages 103-121, October.
    11. Arbelo-Pérez, Marta & Arbelo, Antonio & Pérez-Gómez, Pilar, 2017. "Impact of quality on estimations of hotel efficiency," Tourism Management, Elsevier, vol. 61(C), pages 200-208.
    12. Pulina, Manuela & Detotto, Claudio & Paba, Antonello, 2010. "An investigation into the relationship between size and efficiency of the Italian hospitality sector: A window DEA approach," European Journal of Operational Research, Elsevier, vol. 204(3), pages 613-620, August.
    13. Marco Corsino & Enrico Zaninotto, 2012. "Revealing the influence of managerial practices and entrepreneurs' characteristics on hotel efficiency," DISA Working Papers 2012/03, Department of Computer and Management Sciences, University of Trento, Italy, revised May 2012.
    14. Corne, Aurélie & Peypoch, Nicolas, 2020. "On the determinants of tourism performance," Annals of Tourism Research, Elsevier, vol. 85(C).
    15. Pilar Alberca & Laura Parte, 2020. "Efficiency in the Holiday and Other Short-Stay Accommodation Industry," Sustainability, MDPI, vol. 12(22), pages 1-22, November.
    16. Christina Bampatsou & George Halkos & Olga-Helen Astara, 2022. "Composite indicators in evaluating tourism performance and seasonality," Operational Research, Springer, vol. 22(3), pages 2373-2396, July.
    17. Assaf, A. George & Tsionas, Mike G., 2019. "A review of research into performance modeling in tourism research - Launching the Annals of Tourism Research curated collection on performance modeling in tourism research," Annals of Tourism Research, Elsevier, vol. 76(C), pages 266-277.
    18. Antonio Arbelo & Pilar Pérez-Gómez & Marta Arbelo-Pérez, 2017. "Cost efficiency and its determinants in the hotel industry," Tourism Economics, , vol. 23(5), pages 1056-1068, August.
    19. Alberca-Oliver, Pilar & Rodríguez-Oromendía, Ainhoa & Parte-Esteban, Laura, 2015. "Measuring the efficiency of trade shows: A Spanish case study," Tourism Management, Elsevier, vol. 47(C), pages 127-137.
    20. Dusan Borovcanin & Ivan Cuk & Miha Lesjak & Emil Juvan, 2020. "The Importance of Sport Event on Hotel Performance for Restarting Tourism After COVID-19," Societies, MDPI, vol. 10(4), pages 1-13, November.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jtourh:v:4:y:2023:i:3:p:29-482:d:1226920. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.