.... This paper explores the reasons why resort hotels survive. The study’s selection of variables and methodology and its conclusions are unique. Bankruptcy Business failure Survival Resort hotel closure depends on hotel size, location, executive management and the business cycle. Survival...

...Andrew Boer Considers the causes of the high bankruptcy rate in small firms in the hotel and catering industry and suggests that although the major causes of failure must lie within the scope of the small firms themselves, the contribution and actions of the major lending institutions have done...