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Benchmarking the Asia Pacific tourism industry: A Bayesian combination of DEA and stochastic frontier

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  • George Assaf, A.

Abstract

This study measures and compares the efficiency of leading tour operator and hotel companies across several Asia Pacific countries. We use an innovative methodology that is based on combining the stochastic frontier and data envelopment analysis in a Bayes framework. We show from the results that Australia, Singapore and South Korea are the most efficient in both their tour operator and hotel industries. We further show that international hotels in the region have a slightly higher efficiency than local hotels. We provide a listing of the most efficient tour operators and hotels in each country and discuss the implications of our findings.

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  • George Assaf, A., 2012. "Benchmarking the Asia Pacific tourism industry: A Bayesian combination of DEA and stochastic frontier," Tourism Management, Elsevier, vol. 33(5), pages 1122-1127.
    • Handle: RePEc:eee:touman:v:33:y:2012:i:5:p:1122-1127
    DOI: 10.1016/j.tourman.2011.11.021
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    Cited by:

    1. Hongwei Liu & Henry Tsai, 2018. "Total factor productivity growth and regional competitive analysis of China’s star-rated hotels," Tourism Economics, , vol. 24(6), pages 625-644, September.
    2. Zhang, Linjia & Botti, Laurent & Petit, Sylvain, 2016. "Destination performance: Introducing the utility function in the mean-variance space," Tourism Management, Elsevier, vol. 52(C), pages 123-132.
    3. Apostolos Ampountolas, 2022. "Postcrisis REIT performance using financial ratios: A DEA approach," Tourism Economics, , vol. 28(2), pages 371-393, March.
    4. Boris Radovanov & Branislav Dudic & Michal Gregus & Aleksandra Marcikic Horvat & Vincent Karovic, 2020. "Using a Two-Stage DEA Model to Measure Tourism Potentials of EU Countries and Western Balkan Countries: An Approach to Sustainable Development," Sustainability, MDPI, vol. 12(12), pages 1-12, June.
    5. Yaguo Deng & Helena Veiga & Michael P. Wiper, 2019. "Efficiency evaluation of hotel chains: a Spanish case study," SERIEs: Journal of the Spanish Economic Association, Springer;Spanish Economic Association, vol. 10(2), pages 115-139, June.
    6. Deng, Yaguo & Lopes Moreira Da Veiga, María Helena & Wiper, Michael Peter, 2016. "Efficiency evaluation of Spanish hotel chains," DES - Working Papers. Statistics and Econometrics. WS 23897, Universidad Carlos III de Madrid. Departamento de Estadística.
    7. Goncalves, Olga, 2013. "Efficiency and productivity of French ski resorts," Tourism Management, Elsevier, vol. 36(C), pages 650-657.
    8. Chris van Heerden & Melville Saayman, 2018. "Sustainability of a national arts festival," Tourism Economics, , vol. 24(5), pages 576-592, August.
    9. A. George Assaf & Alexander Josiassen & Haemoon Oh, 2016. "Internationalization and hotel performance," Tourism Economics, , vol. 22(3), pages 572-592, June.
    10. Huang, Chin-wei, 2018. "Assessing the performance of tourism supply chains by using the hybrid network data envelopment analysis model," Tourism Management, Elsevier, vol. 65(C), pages 303-316.
    11. Yin, Pengzhen & Chu, Junfei & Wu, Jie & Ding, Jingjing & Yang, Min & Wang, Yuhong, 2020. "A DEA-based two-stage network approach for hotel performance analysis: An internal cooperation perspective," Omega, Elsevier, vol. 93(C).
    12. Sheng-Hsiung Chiu & Tzu-Yu Lin & Wei-Ching Wang, 2024. "Investigating the spatial effect of operational performance in China’s regional tourism system," Palgrave Communications, Palgrave Macmillan, vol. 11(1), pages 1-14, December.
    13. Jordi Moreno-Gené & Laura Sánchez-Pulido & Eduard Cristobal-Fransi & Natalia Daries, 2018. "The Economic Sustainability of Snow Tourism: The Case of Ski Resorts in Austria, France, and Italy," Sustainability, MDPI, vol. 10(9), pages 1-20, August.
    14. Song, Malin & Li, Hui, 2019. "Estimating the efficiency of a sustainable Chinese tourism industry using bootstrap technology rectification," Technological Forecasting and Social Change, Elsevier, vol. 143(C), pages 45-54.
    15. 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.
    16. Yiyang Sun & Guolin Hou & Zhenfang Huang & Yi Zhong, 2020. "Spatial-Temporal Differences and Influencing Factors of Tourism Eco-Efficiency in China’s Three Major Urban Agglomerations Based on the Super-EBM Model," Sustainability, MDPI, vol. 12(10), pages 1-21, May.
    17. Laurent Botti & Sylvain Petit & Linjia Zhang, 2020. "Strategic decision concerning tourist origins portfolio: A decision process based on the ELECTRE method and applied to French Polynesia," Tourism Economics, , vol. 26(5), pages 830-843, August.
    18. Prysmakova, Palina, 2020. "Generation learning framework: Applying Margaret Mead's typology to agenda-setting stage of policy diffusion," Studia z Polityki Publicznej / Public Policy Studies, Warsaw School of Economics, vol. 7(2), pages 1-25, July.
    19. Huang-Ping Yen & Po-Chi Chen & Kung-Cheng Ho, 2021. "Analyzing Destination Accessibility From the Perspective of Efficiency Among Tourism Origin Countries," SAGE Open, , vol. 11(2), pages 21582440211, April.
    20. Jianping Zha & Zhiyong Li, 2017. "Drivers of tourism growth," Tourism Economics, , vol. 23(5), pages 941-962, August.
    21. Zha, Jianping & He, Lamei & Liu, Yang & Shao, Yuhong, 2019. "Evaluation on development efficiency of low-carbon tourism economy: A case study of Hubei Province, China," Socio-Economic Planning Sciences, Elsevier, vol. 66(C), pages 47-57.
    22. Bing Xia & Suocheng Dong & Duoxun Ba & Yu Li & Fujia Li & Haimeng Liu & Zehong Li & Minyan Zhao, 2018. "Research on the Spatial Differentiation and Driving Factors of Tourism Enterprises’ Efficiency: Chinese Scenic Spots, Travel Agencies, and Hotels," Sustainability, MDPI, vol. 10(4), pages 1-22, March.
    23. Peng, Hongsong & Zhang, Jinhe & Lu, Lin & Tang, Guorong & Yan, Bingjin & Xiao, Xiao & Han, Ya, 2017. "Eco-efficiency and its determinants at a tourism destination: A case study of Huangshan National Park, China," Tourism Management, Elsevier, vol. 60(C), pages 201-211.
    24. Nickolaos G Tzeremes, 2019. "Hotel productivity: A robust Luenberger productivity indicator," Tourism Economics, , vol. 25(6), pages 987-996, September.

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