Romanian Hotel Industry Profile through the Traded Hotel Companies
| Autor: | Cristina Balint, Cornelia Pop |
|---|---|
| Rok vydání: | 2015 |
| Předmět: |
Hotel sector
Market capitalization Finance Bucharest Stock Exchange business.industry Romanian RASDAQ General Engineering Energy Engineering and Power Technology Financial ratio Equity market language.human_language Float (money supply) Commerce Stock exchange language Portfolio OLS regression business ComputingMilieux_MISCELLANEOUS Tourism Hotel industry |
| Zdroj: | Procedia Economics and Finance. 25:332-343 |
| ISSN: | 2212-5671 |
| DOI: | 10.1016/s2212-5671(15)00743-1 |
| Popis: | The hotel industry is an important component of any tourist destination. However, fewer studies are dedicated to hotel industry than to the tourism and travel sector as a hole. Even less studies are available on hotel companies listed on stock exchanges around the world. The present study completes the profile of Romanian hotel industry by analyzing the traded hotel companies on Romanian stock exchange. The findings imply that the listed hotel companies are rather traded by those investors who are involved in the ownership concentration process. For the analyzed period, the free float of a company, the market capitalization seem to be factors that play a role in the trading decision of portfolio investors, while financial ratios are almost ignored. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
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