Publication:
The Impact of Market Volatility on Hotel Efficiency in Malaysia: Does Hotel Size Matter?

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dc.contributor.authorAmin, Mohammad
dc.contributor.authorAli, Nesma
dc.date.accessioned2024-10-23T21:37:38Z
dc.date.available2024-10-23T21:37:38Z
dc.date.issued2024-10-23
dc.description.abstractIt is often argued that small firms are more flexible than large firms. As a result, small firms perform better in volatile markets compared to large firms. The present paper explores this idea for a representative sample of private hotels in Malaysia. Specifically, the paper estimates the impact of volatility in occupancy rates on the pure technical efficiency of small versus large hotels. A slack-based non-radial efficiency measure obtained from the data envelopment analysis methodology is used. The empirical results confirm that smaller hotels are better at dealing with volatility than large hotels are. That is, there is a positive and significant impact of higher volatility on the efficiency of relatively small hotels, a negative and significant impact on the efficiency of larger hotels, and no significant impact on the efficiency of the average hotel. Higher women’s ownership also helps hotels to deal with volatility. The paper discusses the policy implications of the findings.en
dc.identifierhttp://documents.worldbank.org/curated/en/099218310222421998/IDU15d425043148e6145f31bee71b2f267fafab5
dc.identifier.doi10.1596/1813-9450-10953
dc.identifier.urihttps://hdl.handle.net/10986/42289
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington, DC: World Bank
dc.relation.ispartofseriesPolicy Research Working Paper; 10953
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttps://creativecommons.org/licenses/by/3.0/igo/
dc.subjectHOTELS
dc.subjectPURE TECHNICAL EFFICIENCY
dc.subjectHOTEL SIZE
dc.subjectDEA
dc.titleThe Impact of Market Volatility on Hotel Efficiency in Malaysiaen
dc.title.subtitleDoes Hotel Size Matter?en
dc.typeWorking Paper
dspace.entity.typePublication
okr.crossref.titleThe Impact of Market Volatility on Hotel Efficiency in Malaysia: Does Hotel Size Matter?
okr.date.disclosure2024-10-23
okr.date.lastmodified2024-10-22T00:00:00Zen
okr.doctypePolicy Research Working Paper
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/099218310222421998/IDU15d425043148e6145f31bee71b2f267fafab5
okr.guid099218310222421998
okr.identifier.docmidIDU-5d425043-48e6-45f3-bee7-b2f267fafab5
okr.identifier.doi10.1596/1813-9450-10953
okr.identifier.doihttps://doi.org/10.1596/1813-9450-10953
okr.identifier.externaldocumentum34409361
okr.identifier.internaldocumentum34409361
okr.identifier.reportWPS10953
okr.import.id5551
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/099218310222421998/pdf/IDU15d425043148e6145f31bee71b2f267fafab5.pdfen
okr.region.administrativeEast Asia and Pacific
okr.region.countryMalaysia
okr.topicIndustry::Accommodation & Tourism Industry
okr.unitEnterprise Analysis-WB (DECEA)
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
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