Nexus between Twitter-based sentiment and tourism sector performance amid COVID-19 pandemic

• K Shiljas ; Dilip Kumar ^[1] ; Hajam Abid Bashir
  1. [1] Indian Institute of Management Kashipur
• Localización: Tourism economics: the business and finance of tourism and recreation, ISSN 1354-8166, Vol. 29, Nº. 8, 2023, págs. 2200-2205
• Idioma: inglés
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• Resumen

  • The outbreak of the COVID-19 pandemic and the steps taken to contain its spread resulted in a decline in tourism sector stock prices. Using linear and quantile regressions, we examine the impact of Twitter-based investor sentiment for COVID-19 and Twitter-based sentiment towards uncertainty on the performance of tourism stocks. The findings indicate a heterogenous effect of tweets and Twitter economic uncertainty on tourism sector equity returns with a major impact on the lower quantiles.