Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized Policy Research Working Paper 10953 The Impact of Market Volatility on Hotel Efficiency in Malaysia Does Hotel Size Matter? Mohammad Amin Nesma Ali Development Economics Global Indicators Group October 2024 Public Disclosure Authorized Policy Research Working Paper 10953 Abstract It is often argued that small firms are more flexible than large firms. As a result, small firms perform better in volatile markets compared to ...