Applying Rigorous Economics
to the Real World
Tourism Economics operates with a singular objective: combine a deep understanding of the tourism sector with proven economic tools to answer the most important questions facing destinations, strategic planners, and investors. Tourism Economics designs market strategy models, tourism policy recommendations, tourism forecasting models, and tourism economic impact studies. Our vast experience and partnership with Oxford Economics have formed a powerful resource to assist our clients with their most important decisions.
Market Strategies
Tourism Economics tracks travel trends and prospects for over 180 countries on an ongoing basis. Our customized tourism opportunity models inform our clients’ global investment and marketing decisions. Our flagship product, Tourism Decision Metrics, delivers detailed market data and reports to our clients’ desktops for dynamic, real-time analysis of global travel markets.
Public Policy
Governments are faced with difficult economic development decisions. Tourism Economics helps to raise the profile of tourism through credible analysis of its economic impact. We also assess destinations’ tax, entry, investment, and funding policies based on empirical analysis and international best practices. Finally, Tourism Economics has vast experience quantifying the economic impact of new tourism attractions and evaluating the merits of proposed tax concessions.
Tourism Forecasting
Our economists have developed tourism forecasting models with proven track records. The reason is straightforward; our models are firmly-rooted in the economic drivers of origin markets along with the changing profiles of destinations and travelers. These forecasts are used to inform the investment and marketing decisions of our clients.
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Oxford Economics’ Market Reports or Free Consultation with Tourism Economics
“I wish to thank you for the excellent work you performed … in terms of the degree of analysis, and especially the recommendations flowing from them. We obviously went well beyond the initial agreed scope …and your assessment there was quite useful to us.”
David Johnson Bahamas Ministry of Tourism