Abstract

The sudden beginning of COVID-19 pandemic of 2019 has had an extraordinary influence on the world's tourist economy, especially for some developing countries, as those countries rely on tourism to gain a large amount of their national income. Many scholars believed that this severe pandemic made the tourism stock market more volatile, and a significant decrease in tourism stock prices could always be found. This Paper looks at how the COVID-19 epidemic has affected the tourist stock market in some developing countries. Tourism stocks in China, India, and Thailand will be three examples of countries to discuss in this paper. In the research of this paper, it is observed that COVID-19 negatively affects the tourism stock prices in the market.

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