Hotel-industry averages an inaccurate tool for measuring performance

Cornell Hotel and Restaurant Administration Quarterly

Volumn 42, Issue 6, 2001, Pages 22-32

  Enz, Cathy A ^a   Canina, Linda ^a   Walsh, Kate ^a  

^a NONE

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EID: 27144490061     PISSN: 00108804     EISSN: None     Source Type: Journal    
DOI: 10.1177/0010880401426002     Document Type: Article

References (3)

1. i + n. For a good discussion of central tendency, see: Morris Hamburg, Statistical Analysis for Decision Making, second edition (New York: Harcourt Brace Jovanovich, 1977).
2. We made our computations of the demand measures monthly at the property level. First we computed each of the demand measures (i.e., RevPAR, ADR, and occupancy) for each hotel per month. We computed the statistics giving equal weight to all hotel properties. Then, we recomputed the statistics while weighting each hotel's performance by its size (i.e., rooms available). Whether the statistics were computed using an equally weighted or rooms-inventory-weighted approach, we found the same pattern of results.
3. Using a series off-tests, we tested for differences between the top-25 markets and all others on ADR, occupancy, and RevPAR. To see a more detailed paper reporting the results of our statistical tests, please contact us.