Project Feasibility Analysis
Tourism Economics' ongoing analysis of traveler activity and economic dynamics provides a foundation for project feasibility analysis. Our quantitative approach answers key questions:
Will the market support a proposed attraction or facility?
What does a reasonable scenario of market demand imply for cash flow, profitability, and return on investment?
What is the competitive market?
We have conducted feasibility analysis for resorts, condominium hotels, sports events, museums, and retail centers in the US, Caribbean, and Middle East to secure financing, gain government approvals, and adjust development scopes.