The impact of COVID-19 outbreak on hotels’ value compared to previous diseases: the role of ALFO strategy

By using the Event Study Method (ESM), this paper aims to examine the effect of new coronavirus (SARS-CoV-2) disease (COVID-19) outbreak on the market performance of the hotel industry in the U.S. We also compare the impact of COVID-19 outbreak with three previous diseases outbreaks. The results sho...

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Bibliographic Details
Main Authors: Conrado Diego García-Gómez, Ender Demir, José María Díez-Esteban, Yuriy Bilan
Format: Article
Language:English
Published: Elsevier 2021-08-01
Series:Heliyon
Subjects:
Online Access:http://www.sciencedirect.com/science/article/pii/S2405844021019393