PublicDisclosureAuthorizedPolicyResearchWorkingPaper10953PublicDisclosureAuthorizedTheImpactofMarketVolatilityonHotelEfficiencyinMalaysiaPublicDisclosureAuthorizedDoesHotelSizeMatter?MohammadAminNesmaAliPublicDisclosureAuthorizedDevelopmentEconomicsGlobalIndicatorsGroupOctober2024PolicyResearchWorkingPaper10953Abstractthatsmallerhotelsarebetteratdealingwithvolatilitythanlargehotelsare.Thatis,thereisapositiveandsignificantItisoftenarguedthatsmallfirmsaremoreflexiblethanimpactofhighervolatilityontheefficiencyofrelativelylargefirms.Asaresult,smallfirmsperformbetterinvolatilesmallhotels,anegativeandsignificantimpactontheeffi-marketscomparedtolargefirms.Thepre...
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