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Profitability performance analysis on Malaysian hotel industry during Covid-19 pandemic / Nur Hanisah Mohamad Said ... [et al.]

The COVID-19 pandemic is becoming the worst worldwide and the increasing number of cases in Malaysia has impacted the tourism industry heavily, especially hotel businesses. The cancellation by travelling agencies due to the pandemic has affected various hotels. As a result, the companies had to shut...

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Main Authors: Mohamad Said, Nur Hanisah, Abdull Rahman, Nurul Labanihuda, Abd Mutalib, Hasyeilla, Badri Shah, Noor Sharida
Format: Article
Language:English
Published: Universiti Teknologi MARA, Negeri Sembilan 2021
Subjects:
Economics
Value. Utility. Value added
Business cycles. Economic fluctuations. Economic indicators
Income. Factor shares
Consumption. Demand (Economic theory)
Online Access:https://ir.uitm.edu.my/id/eprint/53850/1/53850.pdf
https://ir.uitm.edu.my/id/eprint/53850/
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spelling my.uitm.ir.538502021-12-02T04:09:54Z https://ir.uitm.edu.my/id/eprint/53850/ Profitability performance analysis on Malaysian hotel industry during Covid-19 pandemic / Nur Hanisah Mohamad Said ... [et al.] Mohamad Said, Nur Hanisah Abdull Rahman, Nurul Labanihuda Abd Mutalib, Hasyeilla Badri Shah, Noor Sharida Economics Value. Utility. Value added Business cycles. Economic fluctuations. Economic indicators Income. Factor shares Consumption. Demand (Economic theory) The COVID-19 pandemic is becoming the worst worldwide and the increasing number of cases in Malaysia has impacted the tourism industry heavily, especially hotel businesses. The cancellation by travelling agencies due to the pandemic has affected various hotels. As a result, the companies had to shut down their businesses and stop operating as they failed to maintain their profits and they suffered losses. This study aims to examine the determinants of profitability in the hotel sectors in Malaysia from 2010 to 2019. The profitability level of the firms is evaluated using four different variables which are leverage, liquidity, net asset turnover, size of the company and panel data analysis techniques. The present study gathered data on hotels listed under Bursa Malaysia. The findings showed that the leverage and net asset turnover have a positive relationship with profitability while liquidity and size of a company have a negative relationship with profitability. The study also found that leverage and size of the company have a statistically significant relationship with profitability while liquidity and net asset turnover do not have a statistically significant relationship with profitability. This finding provides a better understanding for hotels to improve their financial performance and to have a better plan of their spending assets and leverage. Therefore, it can help the hotel sector to sustain and have recovery planning to prevent issues related to debt default payment in the future. Universiti Teknologi MARA, Negeri Sembilan 2021 Article PeerReviewed text en https://ir.uitm.edu.my/id/eprint/53850/1/53850.pdf ID53850 Mohamad Said, Nur Hanisah and Abdull Rahman, Nurul Labanihuda and Abd Mutalib, Hasyeilla and Badri Shah, Noor Sharida (2021) Profitability performance analysis on Malaysian hotel industry during Covid-19 pandemic / Nur Hanisah Mohamad Said ... [et al.]. Journal of Academia, 9. pp. 84-92. ISSN 2289-6368
institution Universiti Teknologi Mara
building Tun Abdul Razak Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Teknologi Mara
content_source UiTM Institutional Repository
url_provider http://ir.uitm.edu.my/
language English
topic Economics
Value. Utility. Value added
Business cycles. Economic fluctuations. Economic indicators
Income. Factor shares
Consumption. Demand (Economic theory)
spellingShingle Economics
Value. Utility. Value added
Business cycles. Economic fluctuations. Economic indicators
Income. Factor shares
Consumption. Demand (Economic theory)
Mohamad Said, Nur Hanisah
Abdull Rahman, Nurul Labanihuda
Abd Mutalib, Hasyeilla
Badri Shah, Noor Sharida
Profitability performance analysis on Malaysian hotel industry during Covid-19 pandemic / Nur Hanisah Mohamad Said ... [et al.]
description The COVID-19 pandemic is becoming the worst worldwide and the increasing number of cases in Malaysia has impacted the tourism industry heavily, especially hotel businesses. The cancellation by travelling agencies due to the pandemic has affected various hotels. As a result, the companies had to shut down their businesses and stop operating as they failed to maintain their profits and they suffered losses. This study aims to examine the determinants of profitability in the hotel sectors in Malaysia from 2010 to 2019. The profitability level of the firms is evaluated using four different variables which are leverage, liquidity, net asset turnover, size of the company and panel data analysis techniques. The present study gathered data on hotels listed under Bursa Malaysia. The findings showed that the leverage and net asset turnover have a positive relationship with profitability while liquidity and size of a company have a negative relationship with profitability. The study also found that leverage and size of the company have a statistically significant relationship with profitability while liquidity and net asset turnover do not have a statistically significant relationship with profitability. This finding provides a better understanding for hotels to improve their financial performance and to have a better plan of their spending assets and leverage. Therefore, it can help the hotel sector to sustain and have recovery planning to prevent issues related to debt default payment in the future.
format Article
author Mohamad Said, Nur Hanisah
Abdull Rahman, Nurul Labanihuda
Abd Mutalib, Hasyeilla
Badri Shah, Noor Sharida
author_facet Mohamad Said, Nur Hanisah
Abdull Rahman, Nurul Labanihuda
Abd Mutalib, Hasyeilla
Badri Shah, Noor Sharida
author_sort Mohamad Said, Nur Hanisah
title Profitability performance analysis on Malaysian hotel industry during Covid-19 pandemic / Nur Hanisah Mohamad Said ... [et al.]
title_short Profitability performance analysis on Malaysian hotel industry during Covid-19 pandemic / Nur Hanisah Mohamad Said ... [et al.]
title_full Profitability performance analysis on Malaysian hotel industry during Covid-19 pandemic / Nur Hanisah Mohamad Said ... [et al.]
title_fullStr Profitability performance analysis on Malaysian hotel industry during Covid-19 pandemic / Nur Hanisah Mohamad Said ... [et al.]
title_full_unstemmed Profitability performance analysis on Malaysian hotel industry during Covid-19 pandemic / Nur Hanisah Mohamad Said ... [et al.]
title_sort profitability performance analysis on malaysian hotel industry during covid-19 pandemic / nur hanisah mohamad said ... [et al.]
publisher Universiti Teknologi MARA, Negeri Sembilan
publishDate 2021
url https://ir.uitm.edu.my/id/eprint/53850/1/53850.pdf
https://ir.uitm.edu.my/id/eprint/53850/
_version_ 1718929593114558464
score 13.211869

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