by Ross Woods | Oct 6, 2018 | Blog
In an earlier post this year, we introduced our readers to Data Envelopment Analysis, (DEA & Productivity – Brief 2018), a linear programming methodology used to measure the relative performance and efficiency of Decision Making Units (DMUs), in our case...
by Ross Woods | Apr 4, 2018 | Blog
Many argue that profitability is the only performance measure of relevance in the hospitality industry. The main argument against this is that environmental factors can affect the attainment of profitability. A profitable hotel may be being managed efficiently or it...