Table 2: Beta estimates for hospitality and tourism companies, 1999(3)–2012(9).

CompanyBetat-stat

Auckland International Airport (AIA)0.8768.430.31
Air New Zealand (AIR)1.2505.320.15
Millenium & Copthorne Hotels (MCK)0.5613.600.08
New Zealand Experience (NZE)0.1420.480.001
Restaurant Brands (RBD)0.6454.290.10
Sky City Entertainment (SKC)1.08110.480.41
Tourism Holdings (THL)1.5738.930.33