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| Tekijä: | Weinbaum, D. |
| Otsikko: | Assessing the historical performance of hospitality stocks: the investor's perspective |
| Lehti: | Cornell hospitality quarterly: hospitality leadership through learning
2009 : FEB, VOL. 50:1, p. 113-125 |
| Asiasana: | stock returns hotel and catering industry |
| Kieli: | eng |
| Tiivistelmä: | This paper examines the historical performance of hospitality stocks observing magnitude and timing of investor capital flows in and out of the hospitality sector. The paper relies on historical return data on hospitality stocks. The findings reveal that there is substantial market timing in the hospitality industry. |
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