RT Journal Article
T1 Tourism stock price and COVID-19: medium-term relationship with passenger transport, hotel, and tour operator subsectors
A1 Carrillo-Hidalgo, Isabel
A1 Pulido Fernández, Juan Ignacio
A1 López-Sánchez, Yaiza
A1 Durán-Román, Jose Luis
K1 COVID-19
K1 España
K1 Bolsa de valores
K1 Turismo
K1 Análisis de regresión
AB COVID-19 has had a devastating effect on tourism in Spain, one of the world’s biggest tourist destinations and also one of the first countries to face the consequences of the pandemic. Tourism stock prices showed high volatility at the beginning of the pandemic. However, we do not yet know whether this relationship has remained throughout the pandemic and the effect it has had on the main subsectors of tourism. Quantifying this relationship in the medium term makes it possible to predict the effect of the pandemic on the tourism sector stock market and to compare the impact on its different subsectors. A dynamic regression model has been developed to predict the stock price of the hotel, passenger transport, and tour operator subsectors in Spain, based on the evolution of COVID-19. Cumulative COVID-19 deaths have been confirmed to be a good predictor of abnormal stock price in the main tourism subsectors, affecting passenger transport more intensely than hotels or tour operators.
PB Routledge
YR 2023
FD 2023
LK https://hdl.handle.net/10630/34213
UL https://hdl.handle.net/10630/34213
LA eng
NO Carrillo-Hidalgo, I., Pulido-Fernández, J. I., López-Sánchez, Y., & Durán-Román, J. L. (2023). Tourism stock price and COVID-19: medium-term relationship with passenger transport, hotel, and tour operator subsectors. Current Issues in Tourism, 26(21), 3563-3580.
DS RIUMA. Repositorio Institucional de la Universidad de Málaga
RD 20 ene 2026