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Tourism and Hospitality

Tourism and Hospitality

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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

PHL-airport

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 […]

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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 […]

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Impact Analysis

"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.

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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.

Ben Franklin Parkway

Parkway Council Economic Impact

ESI found that the Parkway Council Foundation member institutions have a significant measurable economic impact on the local area.

Strategic Planning

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.

ESI has partnered with Parter International, Inc. to form a collaborative strategic planning team with deep experience and robust mix of qualitative and quantitative capabilities.
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Ocean City New Jersey

Ocean City, New Jersey Economic Development Recommendations

ESI provided economic development strategies for Ocean City, New Jersey, focusing on the area's tourism economy.

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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.

Bucks County

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.

Casino

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.

Convention Center

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.

Market Analysis

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.

Pocono_Springs

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.

Entertainment

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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