The purpose of the paper is to present the fundamental equation in tourism finance that connects tourism research to … the tourism industry, are two of the most important industries in the world today in terms of employment and generating … tourism expenditure. The paper will concentrate on daily tourism expenditure, regardless of whether such data might be readily …

wiped from tourism related stocks. This comes at a troublesome time for the tourism industry, in the midst of a global …, mostly in theoretical terms. Nevertheless, the quantifiable impact of such events on tourism-specific stock values, both in … enhance our conceptual capital pertaining to the effects of such possibilities on five hospitality and tourism stock indices …