2021
DOI: 10.31357/icbm.v17.5151
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Hotel and Travel Sector in Sri Lanka and Easter Attack 2019: An Event Study

Abstract: This paper examines the impact of the Easter Attack, which took place in Sri Lanka, after the thirty-years of brutal civil war, on the Hotel and Travel Sector. As the hub of the Tourism Industry, the stock performance of the Hotel and Travel Sector is observed and investigated with the major objective of finding the impact of the Easter Attack and testing the Semi – Strong Form Efficiency of the Hotel and Travel Sector since three out of eight bombings has taken place in Hotels. The Event Study Methodology has… Show more

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