How to Survive a Pandemic: The Corporate Resiliency of Travel and Leisure Companies to the COVID-19 Outbreak

The role of non-critical business and telework propensity in international stock markets during the COVID-19 pandemic

“…This feature has the power to strengthen or weaken stock reactions of U.S. and European firms to monetary and fiscal policy announcements during the pandemic. 18 Kaczmarek et al (2021) find results in the same direction, highlighting how limited leverage strengthened stock returns of travel and leisure firms, over 52 countries, during the COVID-19 crisis. 19 Hyun et al (2020) find evidence, using data on more than 7,000 firms in 71 countries, that companies with greater global connectivity and market power exhibit greater resilience (in terms of market value growth) to domestic COVID-19 shocks.…”

Type-II fuzzy approach with explainable artificial intelligence for nature-based leisure travel destination selection amid the COVID-19 pandemic

“…During the COVID-19 pandemic, the completeness of pandemic prevention measures is an important consideration. 9 In contrast, the number of recreational facilities at a nature-based leisure travel destination has become less important. 10 …”

“…After reviewing the relevant references and reports, critical factors for choosing a suitable forest recreation area were determined to be the number of confirmed COVID-19 cases in the region, the distance to the forest recreation area, the traveler's preference for the forest recreation area, area (size), and total costs (including the ticket price, parking fee, etc.). 8 – 9 , 48 , 49 The number of pandemic prevention measures at the forest recreation areas was not included because they were all government-operated, so their pandemic prevention measures were not different. In addition, the ease of social distancing was not compared due to the large areas of these forest recreation areas.…”

Effects of agritourism businesses’ strategies to cope with the COVID-19 crisis: The key role of corporate social responsibility (CSR) behaviours

“…low level of individualism) characteristics as well as public policies (e.g. stay-at-home requirements) explain a large portion of the variation in firm values during the pandemic ( Kaczmarek et al, 2021 ). In addition, a growing number of studies is mapping the specific innovation and crisis management actions taken by tourism and hospitality enterprises, such as marketing practices (e.g.…”