Table 8.
The average and difference score.
| Hotel segments | Hotel performance measures |
|||||
|---|---|---|---|---|---|---|
| OCC | ADR | RevPAR | Supply | Demand | Revenue | |
| Economy | −24.76 (11.29) |
−12.48 (5.94) |
−33.60 (13.84) |
−0.59 (1.40) |
−25.14 (11.77) |
−33.90 (14.29) |
| Midscale | −41.54 (16.43) |
−15.41 (6.56) |
−49.59 (18.11) |
0.15 (2.30) |
−41.24 (17.42) |
−49.28 (19.05) |
| Upper Midscale | −54.64 (20.19) |
−20.77 (8.13) |
−62.70 (21.30) |
−0.71 (3.14) |
−54.63 (21.36) |
−62.57 (22.43) |
| Upscale | −61.89 (20.79) |
−25.20 (9.91) |
−69.93 (21.48) |
−3.90 (6.35) |
−62.74 (22.43) |
−70.35 (23.15) |
| Upper Upscale | −74.79 (22.32) |
−32.30 (14.06) |
−80.35 (22.86) |
−19.37 (15.15) |
−77.88 (23.80) |
−82.19 (23.94) |
| Luxury | −78.88 (22.43) |
−16.59 (12.90) |
−80.76 (23.20) |
−36.84 (24.83) |
−83.85 (23.32) |
−84.69 (23.82) |
| Analysis of Variance | ||||||
| F-test | 1112.45 | 54.87 | 83.77 | 141.31 | 99.88 | 80.43 |
The letter a stands for one percent statistical significance. The standard deviation is shown in brackets. A number is used to denote the pace of change. All post-tests of mean differences are statistically significant at the one percent significance level, with a few outliers. Due to space limits, detailed analysis results are not presented, but are available on demand. Authors’ calculation.