Browsing by Author "Adedotun, A. F."

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    A Comparative Analysis of the Occupancy Rate of the Various Classes of Hotels in Ikeja, Lagos
    (IOP Conf. Series: Earth and Environmental Science, 2024) Iroham, C. O.; Nwanosike, U. A.; Adedotun, A. F.; Munyemana, S.; Osere, Janefrances Nkem
    The essence of hotels, no matter the class, is to have lodgers occupying them for various reasons amongst others. However, it has turned out that cutting across the various classes of hotels they have not been maximally occupied. Previous researches have studied various classes of hotels with respect to various issues while some others have focused on the occupancy rate of hotels notwithstanding the class. This present study assesses the occupancy rates of all the classes of hotels in the study area in a bid to determining any significant difference to enable investors to be well guided for sustainable returns. The study being a survey sampled the entire registered twenty-nine hotels in the study area cutting across the various classes as provided by the Nigerian Tourism Development Corporation (NTDC). Data collected was analysed using descriptive statistics such as percentage and harmonic mean where it was discovered that a minimum of 70% occupancy rates was evident for all classes of hotels. The use of the Chi-Square Test at 5% level of significance revealed that with a minimum p value of 0.583 the occupancy rates of the various classes of hotel have no significant difference and as such hotels regardless of their classes are faced with the same saturated market situation or standardized service delivery depending on the choice of lodgers. This in essence has consequences for strategic decision making in the hotel industry enabling stakeholders to improve their operational plans amongst others for sustainable hotel establishment.
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    MATHEMATICAL MODELING AND ANALYSIS OF BANK CAPITAL ADEQUACY DYNAMICS
    (Jomard Publishing, 2024) Akinlabi, Grace O.; Edeki, S. O.; Adedotun, A. F.; Khalique, Chaudry Masood
    Maintaining adequate capitalization is paramount for banks to ensure financial stability and regulatory compliance. This paper employs the Differential Transform Method (DTM) to solve a proposed dynamic model of bank capital adequacy, focusing on the relationship between a bank’s capital and its risk-weighted assets (RWAs). Three settings of RWAs growth, namely constant, linearly increasing, and exponentially increasing, are explored, with their respective parameter setups embedded. The effectiveness of the DTM is validated through comparisons of the obtained solutions with their corresponding exact solutions, demonstrating its ability to accurately simulate capital adequacy dynamics under varying RWAs growth patterns. The equilibrium analysis reveals that the steady-state level of capital adequacy is directly proportional to the bank’s assets, emphasizing the importance of asset growth for financial stability. Stability analysis indicates that a positive decay rate is crucial for resilience against perturbations. These findings underscore the application of mathematical modeling using DTM in aiding banks’ capital management strategies amidst evolving financial landscapes, ensuring they maintain adequate capital levels and respond effectively to economic shocks.