| Popis: |
The purpose of this research is to emphasize the necessity of using the econometric and statistical-mathematical methods in the decision making process, in the hospitality industry. This paper presents several modeling theories and concepts, and approaches, in particular, the econometric models that aimed at the presentation of the descriptive statistics for the variables analyzed, and testes several simple regression models. Thus, in order to capture more accurately the economic and financial performance of hotel companies, we have turned to a sample of 40 Romanian seaside hotels. We studied their effectiveness by applying the methodology for a period of 5 years in relation to a system of 6 economic and financial indicators. |
