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Author: | Nicolau, J. L. |
Title: | Assessing new hotel openings through an event study |
Journal: | Tourism Management
2002 : FEB, VOL. 23:1, p. 47-54 |
Index terms: | Tourism Tourist industry Hotel management Economic geography Performance appraisal |
Language: | eng |
Abstract: | The main objective of this paper is to analyse the impact that the announcement of the opening of a new hotel has on the performance of its chain. An event study is carried out on a hotel chain that trades on the Spanish Stock Exchange. |
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