Custom Travel Forecasts

Travel demand, supply, and price forecasting tailored to strategic decision-making

Tourism Economics builds forecasting models to predict travel activity for every major global market and traveler segment. 

These models have established proven track records for accuracy. The reason is simple; our models are firmly-rooted in the economic fundamentals of origin markets along with the changing dynamics of destinations and traveler preferences. The purpose of these models is to identify both short and long-term growth opportunities, enabling our clients to take best advantage of expanding markets while hedging against downturns. 

Many of our clients receive regular forecast updates based on the latest economic conditions and industry developments. We deliver dynamic scenario models as well as distribution-ready reports that explain the rationale behind the forecasts and their underlying assumptions. 

These models are capable of detailed segmentation forecasts including:

  • Visitor Origin and Destination Purpose of trip
  • Type of accommodation
  • Visitor Spending
  • Hotel Market Performance, including demand, supply, occupancy, ADR, and RevPAR

For select markets, Tourism Economics partners with STR, the premier provider of hotel market data to deliver hotel performance forecast reports.