Tourism and Hospitality
Experience and Insight to Navigate Challenges
Tourism serves as a powerful economic development tool in the modern economy, attracting outside dollars and creating accessible employment opportunities. At a time of unprecedented challenges, ESI's tourism practice provides strategic planning and analysis to help our clients grow and articulate the benefits to their communities.
The Latest Insights
The Regional Impact of Philadelphia International Airport and Northeast Philadelphia Airport 2019
ESI was commissioned in 2019 by The Philadelphia International Airport (“PHL”) and Northeast Philadelphia Airport (“PNE”), to study the direct and indirect regional economic impacts attributable to PHL on an annual basis, updating a similar analysis from 2017. PHL serves a hub of activity and for the 11-county Philadelphia Metropolitan Statistical Area (MSA). Supporting the […]Read More
New York City’s Nightlife Economy
Econsult Solutions, Inc. (ESI), in partnership with North Highland and Urbane Development, completed the first ever economic impact study on the City of New York’s nightlife economy. NYC’s Nightlife Economy: Impact, Assets, and Opportunities was commissioned by The Mayor’s Office of Media and Entertainment and reports on: Direct impact of New York City’s nightlife economy and historic […]Read More
"Commissioning an Economic Impact Study two years ago was one of the most meaningful decisions I’ve made so far. The study breaks down the airport’s economic impact by state and county, which enables us to better communicate with stakeholders about how important they are to us, and how much we contribute to them. I’ve taken that study on the road to try and push out these local messages, and in doing so we have forged new relationships and reinforced existing ones."
-Chellie Cameron, Chief Executive Officer, Philadelphia International Airport
Economic analysis is central to establishing the value of tourism on local, state, and the national economy. ESI employs traditional input-output modeling methods, spatial and statistical modeling techniques, and rigorous economic analysis to quantify a variety of tourism impacts.
Tourism as an Economic Engine
ESI has been retained by Visit Philadelphia to quantify the level of visitation and impact of the tourism economy in the Philadelphia region for calendar years 2015-2018.
Parkway Council Economic Impact
ESI found that the Parkway Council Foundation member institutions have a significant measurable economic impact on the local area.
At a time of unprecedented challenges for the industry, careful and effective strategic planning efforts are more important than ever. ESI provides the experience, careful process and critical insight to help tourism promotion, non-profits and government agencies achieve their goals.
Ocean City, New Jersey Economic Development Recommendations
ESI provided economic development strategies for Ocean City, New Jersey, focusing on the area's tourism economy.
The Economic Impact of Houston's Tourism Industry
ESI and Parter International conducted a study on the economic impact of the tourism industry on the Greater Houston economy.
Chester County CVB: Strategic Plan 2020-2025
ESI was commissioned to help the organization develop its 2020-2025 Strategic Plan, entitled “Navigating Our Future.”
Policy and Advocacy
ESI's economic and public policy expertise enables us to model and communicate the impact of policy decisions impacting the tourism industry.
Conditions and Future Viability of Casino Gaming in Pennsylvania
ESI was engaged to analyze the current condition of casino gaming in Pennsylvania, as well as the future gaming environment as a whole.
The Impact of PA Convention Center Performance
ESI assessed the impact of the under-performance of the Pennsylvania Convention Center in attracting group bookings shortly after its expansion.
ESI undertakes financial modeling and market feasibility studies to help developers, non-profits, and governments understand the operational potential for proposed concepts and conceptualize the public and private return on investment.
Development Financing Analysis for Tobyhanna Township
ESI was retained to evaluate the borrowing potential through Tax Increment Financing and PA's 1st Public Improvement Levy as public finance mechanisms for Pocono Springs Entertainment Village.
The Potential Impact of the Provence Entertainment Complex
ESI was retained to conduct a study on the potential economic and fiscal impact of a proposed entertainment complex in Philadelphia.
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Let us help you find a solution to your most pressing challenges. Our staff and advisory board consists of experienced professionals that provide the highest levels of technical expertise in economics, analytics, and thought leadership.