In Portugal, many tourism companies deal with a management problem regarding their low dimension and productivity. Therefore, an additional concern must be given to the management model, in order to increase their success. An innovating model is given for a situation in which a hotel aims to choose a management team according to a set of competences and skills to give the company the necessary ability to be competitive and to survive in a very competitive market. This paper aims at presenting, through game theory, a way to have the best choice that allows ordering the potential candidates that will constitute the co-leadership team. This requires a successful team with a renewed co-leadership model of co-leaders.

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Hotel management model,Co-leadership,Shared leadership,Complementary skills,Game theory,Two-part game,Code form