Our paper fills this gap and contributes to the literature by analyzing the vulnerability of 4 regional Travel and Leisure (T&L) industry stock indices to geopolitical risks. Employing conventional and quantile regression strategies, our outcomes suggest a higher sensitivity of T&L inventory returns to geopolitical risks at occasions the trade performs poor, except for Asia & Pacific index that’s the most resilient to geopolitical events.
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Its main opponents are Condé Nast Traveler and National Geographic Traveler.
NEW YORK (AP) _ American Express Publishing, which lost its writer of Travel & Leisure magazine to Conde Nast Publications in May, is filling the job with a veteran journal executive from Conde Nast. Unlike Conde Nast Traveler, which has a critical voice, Time & Leisure prefers to write down about locations it feels it could suggest. For the primary time, the magazine will carry a distinguished message in each problem saying that it all the time pays its personal means and that it does not accept free trips, resort rooms or meals. The redesign took place after Alexandra Golinkin, Travel & Leisure’s publisher, and Ila Stanger, its editor in chief, decided that the 21-year-old journal was somewhat too quiet and wanted to turn out to be extra thought-provoking, entertaining and breezy. With the appearance of the “truth-in-travel” Conde Nast Traveler in the mid-1980’s, Travel & Leisure faced intense competitors, although as the leader among travel magazines, its circulation of 1.1 million was nicely above Traveler’s 829,000 circulation.
We are also seeing new initiatives such as srprs.me, which allows you to specify sure preferences and takes you to a thriller destination. Or Hopper, which notifies travellers when prices for their flights are at their predicted lowest points in order that they get the most effective deals. This is ‘traveltech’, with service providers working out what they can add to reinforce the expertise. The downside is that the interests of the different companies in the travel ecosystem are not aligned with the pursuits of the shopper.