The Effect of Corona Virus Disease 2019 (COVID-19) on the Stock Performances of Hospitality and Airline Industries
Those authors contributed equally.
- DOI
- 10.2991/aebmr.k.220307.120How to use a DOI?
- Keywords
- COVID-19; Stock price; Hospitality industry; Airline industry; Investor sentiment; Government’s policy
- Abstract
The current global economy absolutely experienced a serious impact from Corona Virus Disease 2019 (COVID-19) pandemic. The COVID-19 pandemic not only brought various challenges and probabilities to many industries but also affected the future development trend and competition pattern of the industry. This paper focused on two industries including hospitality industry and airline industry about their stock changes before and after pandemic. This thesis also summarized the changes of substantial economy and stock prices of the hospitality industry and airline industry, based on a number of previous literature. In addition, influencing factors of stock price, such as investor sentiment were analyzed, and the impacts of government actions on these two industries were also summarized. In summary, both of the hospitality and airline industries experienced a period of sharp decline and slow recovery. This paper could provide a conclusion and reference for further research.
- Copyright
- © 2022 The Authors. Published by Atlantis Press International B.V.
- Open Access
- This is an open access article under the CC BY-NC license.
Cite this article
TY - CONF AU - Zhiyi Cui AU - Yihua Xu AU - Zhanwen Zhu PY - 2022 DA - 2022/03/26 TI - The Effect of Corona Virus Disease 2019 (COVID-19) on the Stock Performances of Hospitality and Airline Industries BT - Proceedings of the 2022 7th International Conference on Financial Innovation and Economic Development (ICFIED 2022) PB - Atlantis Press SP - 743 EP - 747 SN - 2352-5428 UR - https://doi.org/10.2991/aebmr.k.220307.120 DO - 10.2991/aebmr.k.220307.120 ID - Cui2022 ER -