Lee, Tzong HawTzong HawLeeSu, Yi JuYi JuSuHUNG-HAO CHANG2023-03-252023-03-252022-01-0102175908https://scholars.lib.ntu.edu.tw/handle/123456789/629726This paper examines the impact of COVID-19 on tourist hotel performance and tourism demand in Taiwan. We use population-based administrative data on tourist hotels and visits with official records of COVID-19 cases to estimate the effect of the disease on the industry. Results show that a 1% increase in the number of confirmed cases of COVID-19 decreased the total revenues, and the room revenues and food and beverage revenues of tourist hotels by 0.33%, 0.47% and 0.26%, respectively. Moreover, the impact of COVID-19 is heterogeneously distributed among tourist hotels of different quality. With respect to mechanism behind the negative effect of COVID-19 on tourist hotel performance, decreases in tourism demand is a driving factor. We find that a 1% increase in the number of confirmed cases of COVID-19 reduces the number of tourist visits by 0.10%.COVID-19 | hotel industry | Taiwan | tourism demandjournal article10.1142/S02175908225001512-s2.0-85124766319WOS:000752074400001https://api.elsevier.com/content/abstract/scopus_id/85124766319