1. Ktisis Cyprus University of Technology
  2. Cyprus University of Technology (Research Output)
  3. Άρθρα/Articles
Please use this identifier to cite or link to this item: https://hdl.handle.net/20.500.14279/19070
DC FieldValueLanguage
dc.contributor.authorGregoriou, Andros-
dc.contributor.authorLiasidou, Sotiroula-
dc.date.accessioned2020-09-24T07:56:09Z-
dc.date.available2020-09-24T07:56:09Z-
dc.date.issued2019-
dc.identifier.citationJournal of Hospitality Financial Management, 2019, vol. 27, no. 2, pp. 98-108en_US
dc.identifier.issn21522790-
dc.identifier.urihttps://hdl.handle.net/20.500.14279/19070-
dc.description.abstractThis paper explores liquidity effects following the global financial crises between 2007 and 2009 for 25 stocks listed on the Dow Jones Travel and Tourism Index. We find evidence of a sustained increase in the liquidity of the stocks as a result of the financial crises. The empirical findings are consistent with the information cost/liquidity hypothesis, which states that investors demand a lower premium for holding stocks with relatively more available information. Our results suggest that the travel and tourism industry is no longer considered a luxury item. On the contrary, it appears to be more of a necessity to stimulate business and happiness for firms and individuals, respectively, in times of financial turmoil.en_US
dc.formatpdfen_US
dc.language.isoenen_US
dc.relation.ispartofJournal of Hospitality Financial Managementen_US
dc.rights© University of Massachusetts Librariesen_US
dc.rightsAttribution-NonCommercial-NoDerivatives 4.0 International*
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/4.0/*
dc.subjectLiquidityen_US
dc.subjectFinancial Crisesen_US
dc.subjectTravel and Tourismen_US
dc.subjectDow Jones Travel and Tourism Indexen_US
dc.titleLiquidity effects on travel and tourism stocks following global financial crisesen_US
dc.typeArticleen_US
dc.collaborationUniversity of Brightonen_US
dc.collaborationCyprus University of Technologyen_US
dc.subject.categoryEconomics and Businessen_US
dc.journalsHybrid Open Accessen_US
dc.countryUnited Kingdomen_US
dc.countryCyprusen_US
dc.subject.fieldSocial Sciencesen_US
dc.publicationPeer Revieweden_US
dc.identifier.doi10.7275/tn8k-ck95en_US
dc.relation.issue2en_US
dc.relation.volume27en_US
cut.common.academicyear2019-2020en_US
dc.identifier.spage98en_US
dc.identifier.epage108en_US
item.grantfulltextnone-
item.openairecristypehttp://purl.org/coar/resource_type/c_6501-
item.fulltextNo Fulltext-
item.languageiso639-1en-
item.cerifentitytypePublications-
item.openairetypearticle-
crisitem.journal.journalissn2152-2790-
crisitem.journal.publisherUniversity of Massachusetts Amherst Libraries-
crisitem.author.deptDepartment of Hospitality and Tourism Management-
crisitem.author.facultyFaculty of Tourism Management, Hospitality and Entrepreneurship-
crisitem.author.orcid0000-0002-9080-2132-
crisitem.author.parentorgFaculty of Tourism Management, Hospitality and Entrepreneurship-
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