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Details for article 11 of 49 found articles
| Title: |
Economies of Scale Could Be Key to Profitability |
| Author: |
Gu, Zheng |
| Appeared in: |
International journal of hospitality and tourism administration |
| Paging: | Volume 6 (2005) nr. 1 pages 73-85 |
| Year: |
2005-04-20 |
| Contents: |
The growth of China's tourism hotel industry has been accompanied by declining profitability. Using cross-province tourism hotels data of 2000, this study attempts to empirically quantify the impact of operation scale on hotel performance. Controlling for the effect of overcapacity, this study found a significant and positive association between operation scale and profitability. The findings suggest that to improve performance, the Chinese tourism hotel industry needs not only to reduce the overcapacity but also reverse the property-downsizing trend and pursue economies of scale. |
| Publisher: |
Routledge |
| Source file: |
Elektronische Wetenschappelijke Tijdschriften |
Details for article 11 of 49 found articles
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