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This study investigates the critical firm-level strengths and weaknesses that explain cross-sectional variations in abnormal stock returns of Hospitality and Tourism (HT) firms during different phases of a crisis. We used the event study and multivariate regression framework for analysing the Indian HT firms’ data around the COVID-19 crisis. While reporting a significant negative influence of COVID-19, we identified the early crisis, market crash and continuation of the crisis periods. Furthermore, we observe that during the early-crisis period, business diversity, financial stability and board diversity improved HT firms’ strength to withstand the risk, while business group affiliation was of little help. During the market crash and continuation of the crisis phase, better capital intensity and financial stability proved helpful. The managers of HT firms can take cues from this study to understand firm-level characteristics that provide resilience to their firms’ value in managing different phases of the crisis. © 2021 Informa UK Limited, trading as Taylor & Francis Group.

In this work, we propose a framework to assess the many cloud services based on the QoS criteria value in fuzzy environment. Here, we uses the Fuzzy-AHP method to define the architecture of overall...

The present study investigates the changes in G20 stock market dynamics and their interlinkages in the aftermath of COVID-19. It utilizes the Detrended Cross-Correlation Analysis (DCCA) along with ...

Corrosion of reinforcing steel in marine environment is a major durability problem in reinforced concrete structures. This problem is exacerbated under hot weather conditions. Specialty steel bars ...

We investigate whether increased Algorithmic Trading (AT) intensity caused by the introduction of Co-location trading (CLT) facilities improve the productive efficiency of the Indian stock indices....

The present study views adventure tourism through a services marketing lens to investigate the impact of customer experience on tourist satisfaction. It further explores the mediating role of commitment between tourists’ satisfaction and behavioural intents, that is, their revisit intentions (RVIs). The adventure activities under consideration in this study are trekking and rafting. A survey of participants with experience in trekking and rafting was conducted to establish support for the proposed model. The findings of the study indicate that quality of experience positively affects satisfaction, which in turn leads to positive commitment and enhances RVIs of the tourists.

The chloroform extract of the culture filtrate of a Streptomyces sp. yielded a new antibacterial substance, the structure of which was elucidated as dehydroaltenusinic acid {1} by extensive analyses of its spectral data as well as by comparison with those of related compounds, dehydroaltenusin {2} and altenusin {3}. Compound 1 was found to exhibit significant inhibitory activity against a number of both Gram-positive and Gram-negative bacteria.