The use of migration matrices to test the sustainability of the top ranked restaurants: a methodological note
International Journal of Culture, Tourism and Hospitality Research
ISSN: 1750-6182
Article publication date: 24 July 2021
Issue publication date: 1 July 2022
Abstract
Purpose
The purpose of this paper is to present a new methodology to estimate the migration of grades of top rated restaurant and the default rate over time.
Design/methodology/approach
To demonstrate how to develop migration matrices the empirical results are based on the real number of top-rated French restaurants in Gault-Millau in a specific year and how they migrate from one grade to another over the period 1974–2010.
Findings
The purpose of the empirical analysis is only to illustrate the methodology. It is shown that migration rates are relatively stable over time.
Research limitations/implications
Results are presented only to illustrate the methodology. Further analysis could provide a sound basis to compare the rating systems from one guide to another.
Originality/value
This research note explores the notion of migration rate by developing an alternative way of measuring how restaurants survive over time.
Keywords
Acknowledgements
The author appreciate the useful comments received from the reviewers.
Citation
Outreville, J.F. (2022), "The use of migration matrices to test the sustainability of the top ranked restaurants: a methodological note", International Journal of Culture, Tourism and Hospitality Research, Vol. 16 No. 1, pp. 100-105. https://doi.org/10.1108/IJCTHR-05-2020-0112
Publisher
:Emerald Publishing Limited
Copyright © 2021, Emerald Publishing Limited