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280467

Factors Affecting Operational and Financial Performance Indicators of Rooms Division in Four and Five-Star Hotels in Cairo

Article

Last updated: 04 Jan 2025

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Tags

ادارة الفنادق

Abstract

     The purpose of this research is to investigate the factors affecting operational and financial performance indicators of the rooms division in Cairo's four- and five-star hotels. The results of this research show that there is a high variation coefficient for the performance indicators among the sample hotels; a t-test showed that the factors of hotel manager gender (in favor of female managers), hotel chain type (in favor of international chains), and hotel manager nationality (in favor of Egyptian managers) have an effect on the level of hotel performance; According to the results of the chi-squared test, the factors of hotel operator, hotel operator nationality, and hotel location have an effect on the level of hotel performance; and the indicator of total room revenues has a positive correlation with average daily rate (r = 0.591), revenue per available rooms (r = 0.599), total rooms sold (r = 0.717), and annual rooms (r = 0.727); in addition, there is a strong direct relationship between average daily rate and revenue per available room (r = 0.977) at the 0.01 level. Finally, the findings of this research are crucial for hotel managers to understand in order to increase the level of hotel performance, whether it is operational or financial.

DOI

10.21608/jihtha.2022.280467

Keywords

Financial Performance, Operational Performance - Performance Indicators, - Average Daily Rate - Revenue per Available Room

Authors

First Name

Mohamed T. A.

Last Name

Abdelmawgoud

MiddleName

-

Affiliation

Hotel Management Department, Faculty of Tourism and Hotels, Minia University, Egypt

Email

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City

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Orcid

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First Name

Muhammad Abd El Monem Ebraheem

Last Name

Abd El Salam

MiddleName

-

Affiliation

Hotel Management Department, Faculty of Tourism and Hotels, Minia University, Egypt

Email

-

City

-

Orcid

-

Volume

16

Article Issue

3

Related Issue

35970

Issue Date

2022-03-01

Receive Date

2023-01-15

Publish Date

2022-03-01

Page Start

113

Page End

140

Print ISSN

2636-4115

Online ISSN

2636-4123

Link

https://jihtha.journals.ekb.eg/article_280467.html

Detail API

https://jihtha.journals.ekb.eg/service?article_code=280467

Order

280,467

Type

المقالة الأصلية

Type Code

810

Publication Type

Journal

Publication Title

المجلة الدولية للتراث والسياحة والضيافة‎

Publication Link

https://jihtha.journals.ekb.eg/

MainTitle

Factors Affecting Operational and Financial Performance Indicators of Rooms Division in Four and Five-Star Hotels in Cairo

Details

Type

Article

Created At

22 Jan 2023