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Dijana Čičin-Šain

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Open access Oct 2026

Asset-light vs. asset-heavy: Financial resilience and recovery in the global hotel industry during COVID-19

Type of the article: Research ArticleAbstractThe COVID-19 pandemic caused the most severe demand shock in the global hotel industry's recorded history, but its financial consequences were not equally distributed across firms. This study aims to examine whether hotel business model structure, specifically the degree of...

Dijana Čičin-Šain · 0 citations

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