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Turkey is among top ten countries in the world tourism market in terms of international tourist arrivals and … international tourism revenues. Tourism sector has grown rapidly over the last three decades and emerged as an important foreign … exchange earner. It is argued that tourism creates opportunities for employment and contributes to economic growth and …
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tourism industry to show that microeconomic factors are important, along with the macroeconomic, market, and demand …
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This paper examines the short-term market reaction of European tourism and hospitality industry to the beginning of the … military conflict between Russia and Ukraine (24 February 2022). Using an event study, for a sample of 165 listed firms, we … between Russia and Ukraine. These results are consistent with investor sentiment hypothesis and asset-pricing perspective …
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