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The systematic-risk determinants of the US airline industry

โœ Scribed by Jin-Soo Lee; SooCheong (Shawn) Jang


Book ID
108286849
Publisher
Elsevier Science
Year
2007
Tongue
English
Weight
210 KB
Volume
28
Category
Article
ISSN
0261-5177

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## Abstract This study examined risk features of hotel firms and the determinants of their systematic risk. After reviewing the financial data for 31 US hotel firms from 2004 through 2008, we found that 86% of the hotel firms' total risk could be characterized as unsystematic risk. The results show