27 research outputs found

    Health precautions while traveling after COVID-19

    Full text link
    Purpose: The tourism industry needs to identify potential tourists' planned behavior after COVID-19 and prepare accordingly. This study was conducted in Israel during the initial outbreak of COVID-19. This research focused on different types of precautionary measures used by the tourists and how perceived risk of getting sick with COVID-19 while traveling abroad as well as risk perceptions and attitudes about travel abroad might affect tourists’ intentions to adopt precautionary measures when planning future travel abroad. Methods: This research is based on an online survey questionnaire distributed during March 2020 among four hundred and six Israeli participants. Results: The analytical model show that people’s with higher levels of attitudes toward traveling abroad and those that prefer to avoid destinations with higher levels of attitudes toward traveling abroad and those that prefer to avoid travel to destinations with various risks had higher intentions to take precautionary measures while traveling abroad. Implications: The results of the current research can assist the tourism industry understand what precautionary measures are important to potential travellers and what health safety assurances the industry must provide to facilitate its recovery in the near future

    Factors Affecting Intention among Students to Be Vaccinated against A/H1N1 Influenza: A Health Belief Model Approach

    Get PDF
    The outbreak of A/H1N1 influenza (henceforth, swine flu) in 2009 was characterized mainly by morbidity rates among young people. This study examined the factors affecting the intention to be vaccinated against the swine flu among students in Israel. Questionnaires were distributed in December 2009 among 387 students at higher-education institutions. The research questionnaire included sociodemographic characteristics and Health Belief Model principles. The results show that the factors positively affecting the intention to take the swine flu vaccine were past experience with seasonal flu shot and three HBM categories: higher levels of perceived susceptibility for catching the illness, perceived seriousness of illness, and lower levels of barriers. We conclude that offering the vaccine at workplaces may raise the intention to take the vaccine among young people in Israel

    The impact of disasters and terrorism on the stock market

    Get PDF
    The growing number of negative events worldwide, among them natural disasters, artificial disasters and terrorism, has led the public to focus attention on the impact of such events on the economy and the capital market. This research examines the effects of natural disasters, artificial disasters and terrorism on the stock market in order to reveal profit opportunities. In this research, we collected data on 344 significant events that received media attention and examined the differences between the three types of events using the Pessimism Index. Some of the results include the following: (1) natural disasters cause the greatest damage to the economy, whereas terrorism causes the least damage; (2) natural disasters exhibit the highest level of severity, whereas artificial disasters have the lowest severity. The research reveals some opportunities for investors to obtain arbitrage profits. During natural disasters, the stock index decreases on the day of the events and on the two subsequent days. Therefore, investors should short sell the index on the day of the disaster and hold it for 2 days. On the contrary, during artificial disasters or terrorist incidents, the index drops only on the day of the event and the next day, so investors should short sell the index on the day of the disaster and hold it until the end of the first working day following the incident

    Event-study approach: the case of Airbnb and hotel stocks

    Full text link
    ABSTRACTThis study investigates the impact of Airbnb announcements on hotel stock prices across ten countries, distinguishing between exact- and general-location announcements. We found that while general announcements have minimal impact, those with exact locations consistently reduce hotel stock prices, as evidenced by negative cumulative abnormal returns (CAR) trends. The primary impact occurs within the [−3, +1]-day window surrounding the announcement. These robust findings persist across various tests, underscoring their reliability. Implications include the importance of investor awareness regarding location-specific announcements and the need for regulatory examination of information disclosure practices on platforms like Airbnb., n.d. The study offers valuable insights for investors and policymakers navigating the dynamic landscape of the hospitality industry in the age of online platforms

    Analyzing the varied impact of COVID-19 on stock markets: A comparative study of low- and high-infection-rate countries.

    Full text link
    The global health crisis initiated by the COVID-19 pandemic triggered unparalleled economic upheavals. In this comprehensive study of 16 countries categorized by their infection rates, we scrutinize the impact of a range of variables on stock market indices and calculate four critical ratios derived from those variables. Our regression analyses reveal striking differences in how the variables influenced stock indices in countries with low and high infection rates. Notably, in countries with low infection rates, all variables exhibited significant effects on stock returns. An increase in infection numbers and fatalities correlated with greater stock market declines, underscoring the market's sensitivity to the health and economic risks posed by the pandemic. Recovery and testing rates also displayed positive associations with stock returns, reflecting investor optimism concerning potential recovery scenarios. Conversely, nations grappling with high infection rates experienced notably weaker effects from these variables. Although fatalities had a negative impact on stock indices, other factors, including recoveries, infections, and testing rates, did not result in significant effects. This suggests the likelihood that markets in high-infection countries had likely factored pandemic conditions into their pricing, thereby reducing the immediate impact of these metrics on stock returns. Our findings underscore the intricacies of the COVID-19 pandemic's impact on stock markets and highlight the importance of tailored strategies and policies for distinct country categories. This study offers valuable insights for policymakers and investors navigating financial markets during global health crises and preparing for future epidemics

    Implications of Climate Change on Outdoor Recreation: The Case of National Parks in Israel

    Full text link
    Changing weather driven by climate change may influence tourists’ decisions about “when and where to go for vacation.” Indeed, the results of climate change have altered the attractiveness of a variety of destinations and locations, therefore changing the profitability of tourism-based businesses. The aim of the study was to evaluate the potential impact of climate change on visits to outdoor recreation sites. Specifically, the research assessed the impact of weather, as well as economic and other characteristics, on the number of domestic and international tourists visiting national parks located in different climate zones within a single country—Israel. This research was based on a unique database of actual daily visits by international and domestic tourists to national parks in Israel during a six-year period (2012–2017). Each national park has different accessibility characteristics and offers different attractions. The climate data included daily maximum temperature, rain, extreme weather, as well as temperature indices measuring heat and cold. The results of the econometric analysis showed that weather-related parameters have a statistically significant effect on national park visits among both domestic and international tourists, while the magnitude of the effect varies by park and visitors’ place of origin

    I have decided about my COVID-19 vaccine, what about my child?

    Full text link
    Vaccination has been instrumental in controlling the COVID-19 pandemic, with numbers of new cases decreasing rapidly even as restrictions to control the spread of the virus were removed. The first stage of the vaccination campaign in Israel covered individuals aged 16 and older, following the U.S. Food and Drug Administration’s approval of the vaccine. While the campaign was later extended to those aged 12 and older, some parents continue to have doubts and concerns about the vaccine. Data were collected via an online questionnaire during April 2021; 516 parents participated. This research adopted a holistic approach that combines factors relating to vaccine acceptance previously reported in the literature. The acceptance of pediatric COVID-19 vaccination among parents varied by their children’s age groups, at 44.7%, 53.2%, and 66.4% among parents with children aged 0–6, 6–12, and 12–16, respectively. The results of this study indicate that different sets of variables affect the willingness of parents to vaccinate their children, depending on their child’s age. Moreover, a holistic approach is necessary in order to correctly verify the significant variables. Parents who evaluate the vaccine as more beneficial have a higher probability of being willing to vaccinate. In addition, for ages 12–16, parental willingness to vaccinate is associated with access to information, trust, and neighborhood norms. Those evaluating information about the vaccine as more fake news show higher probability to vaccinate their children. The timing of the survey is highly relevant, especially considering the uncertainty about the effectiveness and side effects of the vaccine

    Decision -making patterns of young tourists regarding risky destinations

    Full text link
    Abstract The current study examines how exposure to terrorism and past foreign travel experiences influence attitudes and perceptions regarding travel to risky destinations. Specifically, it examines the impact of these attitudes and risk perceptions on Israeli students' intentions to travel to four destinations: Egypt, Turkey, Japan and India. According to the model tested by the study, an individual's risk perceptions mediate how past travel experience and exposure to terror affect intention to travel to various destinations. The results show that a greater number of previous trips abroad and past exposure to terrorism (with no adverse personal consequences) tend to diminish perceptions of travel risk and positively affect attitudes toward travel to risky destinations. In addition, intentions to travel to risky destinations rise as perceived risks decrease and as attitudes toward travel to risky destinations become more positive. Moreover, Israelis are less likely to travel to adversary countries (such as Turkey or Egypt) than to other countries (such as Japan or India). This research shows that prior experience with foreign travel and exposure to harsh experiences (such as terrorist acts) with no adverse personal consequences mitigate risk perceptions, which in turn positively affect intention to travel to destinations with various types of risks. Experiences with local conflicts diminish Israelis' intentions to travel to adversary countries

    Implications of Climate Change on Outdoor Recreation: The Case of National Parks in Israel

    Full text link
    Changing weather driven by climate change may influence tourists’ decisions about “when and where to go for vacation.” Indeed, the results of climate change have altered the attractiveness of a variety of destinations and locations, therefore changing the profitability of tourism-based businesses. The aim of the study was to evaluate the potential impact of climate change on visits to outdoor recreation sites. Specifically, the research assessed the impact of weather, as well as economic and other characteristics, on the number of domestic and international tourists visiting national parks located in different climate zones within a single country—Israel. This research was based on a unique database of actual daily visits by international and domestic tourists to national parks in Israel during a six-year period (2012–2017). Each national park has different accessibility characteristics and offers different attractions. The climate data included daily maximum temperature, rain, extreme weather, as well as temperature indices measuring heat and cold. The results of the econometric analysis showed that weather-related parameters have a statistically significant effect on national park visits among both domestic and international tourists, while the magnitude of the effect varies by park and visitors’ place of origin

    Performance of the RPI index.

    Full text link
    The global health crisis initiated by the COVID-19 pandemic triggered unparalleled economic upheavals. In this comprehensive study of 16 countries categorized by their infection rates, we scrutinize the impact of a range of variables on stock market indices and calculate four critical ratios derived from those variables. Our regression analyses reveal striking differences in how the variables influenced stock indices in countries with low and high infection rates. Notably, in countries with low infection rates, all variables exhibited significant effects on stock returns. An increase in infection numbers and fatalities correlated with greater stock market declines, underscoring the market’s sensitivity to the health and economic risks posed by the pandemic. Recovery and testing rates also displayed positive associations with stock returns, reflecting investor optimism concerning potential recovery scenarios. Conversely, nations grappling with high infection rates experienced notably weaker effects from these variables. Although fatalities had a negative impact on stock indices, other factors, including recoveries, infections, and testing rates, did not result in significant effects. This suggests the likelihood that markets in high-infection countries had likely factored pandemic conditions into their pricing, thereby reducing the immediate impact of these metrics on stock returns. Our findings underscore the intricacies of the COVID-19 pandemic’s impact on stock markets and highlight the importance of tailored strategies and policies for distinct country categories. This study offers valuable insights for policymakers and investors navigating financial markets during global health crises and preparing for future epidemics.</div
    corecore