ABSTRACT

This study aims to investigate the factors affecting tourists' satisfaction and their revisit intention by randomly selecting 280 tourists from Pokhara, Nepal. Result of structural equation modeling confirmed the positive relationship between exogenous variables; hospitality service, the behavior of the people, and the cost of stay with tourist overall satisfaction. It further confirmed the significant positive association between tourist overall satisfaction and their intention to return. All the relations are statistically significant at the 5% level of significance. This study provides salient reference for future researcher, destination managers and policy makers of tourism industry of Nepal.

Using the data set on daily stock prices during the fiscal year 2015/16 (Sept 23, 2015 through Dec 22, 2015), this paper attempts to analyze the random behavior of stock price of Nepalese Commercial Banks by using run test, serial correlation and run tests and martingale random walk hypothesis under heteroscedasticity assumption of standard error. The results conclude that the proposition of Random Walk Hypothesis (RWH) in Nepalese stock markets does not hold true. This conclusion corroborates with the conclusions of the past studies carried out in Nepalese context.

Tourists’ length of stay (LOS) is desired by researchers and tourism business managers because it contributes to tourism earnings. Although Pokhara is a popular tourist destination in Nepal, no previous study has empirically investigated tourists’ LOS. Thus, this study investigates tourists’ LOS in Pokhara, Nepal. The data for this study were collected through a survey of 275 visitors who stayed at least one night in Pokhara. Zero-truncated negative binomial and ordinary least squares regressions were used to model tourists’ LOS and determinants. In general, both methods produce similar estimates. The results suggest that visit frequency, nationality, age, education level, and expenditure are major determinants of tourists’ LOS. Contrary to expectations, gender and satisfaction are not statistically significant indicators. These findings have important implications for tourism managers and policymakers.

Although organizational commitment has received a substantial research attention, it has not been well examined in the higher education sector; in particular, the university faculty members’ affective commitment has not been extensively investigated yet. Thus, this study investigated an association between affective commitment and predictors: recognition, resources, training and development, perceived union support and pay satisfaction in the context of higher education system of Nepal. Data were collected through a survey from 312 management faculty members of Nepali universities and analyzed by using structural equation modeling. The findings confirmed that resources, training and development, and recognition were positively related, and perceived union support was negatively associated to affective commitment. Contrary to the expectation, pay satisfaction was not significant. The findings of this study also provide a salient reference background for the university management and policy makers to understand the importance of training and development, reward and compensation, resources, and union activities and their relevance for affective organizational commitment and job performance.