Economic Impact of Tourism

Through a strategic alliance with Global Insight, Inc., the leading U.S. econometric firm, DKSA is able to offer clients a variety of products designed to assess the value of tourism to your destination.

Using DKSA's visitor volume and spending database as input, Global Insight, Inc. is able to generate estimated revenues as well as direct, indirect and induced spending and estimated of monetary "leakage". Product offerings include:

• Economic Impact
  Assesses the financial impact of tourism at the state or county level. As part of the analysis tourism is ranked among the states major industried in terms of revenue and jobs.
• Tourism Satellite Accounting (TSA)
  A more comprehensive alternative to traditional Economic Impact analysis in which standardized inputs such as government investment, capital improvements, tourism infrastructure and exports are used, making it easier for states to compare themselves to each other.
• City Tourism Impact
  Similar to traditional Economic Impact, but at the city level, this analysis allows cities to benchmark themselves against competitive cities.

U.S. Travel Forecasts

Using DKSA's historical visitor volume data, Global Insight, Inc. will create quarterly U.S. travel volume forecasts.

• U.S. Travel Insights
  Forecast of visitor volume. Total, Leisure and Business breakouts as well as spending are available.