“Businesses that rely upon international travel have accomplished poorly – language colleges, occasions, conferences. And because reservation instances for these things are longer, they will take longer to choose up. Another popular specialization, retail management prepares students for careers in the big retail business.
What protects travel and leisure corporations from a global pandemic, corresponding to COVID-19? To reply this query, we examine information on over 1200 travel and leisure corporations in fifty two countries. We think about 80 characteristics, corresponding to company financial ratios, macroeconomic variables, and government policy responses. Using regressions and machine studying instruments, we demonstrate that firms with low valuations, limited leverage, and high investments have been more resistant to the pandemic-induced crash. We additionally discover a beneficial impact of stringent containment and closure policies.
Although some ocean liners had been built in the United States within the late 1800s and early 1900s, most cruise ships …