RESEARCH & REPORTS ARCHIVE

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January 2024 Tourism Economics

Bullseye Forecast: STR, Tourism Economics Nail Hotel Room Demand and Occupancy Recovery Prediction

November 2023: Deloitte: Holiday Travel is Cleared for Takeoff

About half (48%) of Americans intend to travel this holiday season. Intent to travel between Thanksgiving and mid-January is up across all age and income groups with an average holiday budget of $2,725.

October 2023: SKIFT

The promise of travel in the age of AI. 

2019 Economic Impact Of Tourism in Greater Palm Springs

The travel sector is an integral part of the Greater Palm Springs economy. Visitors generate significant economic benefits to households, businesses, and government alike and represent a critical driver of Great Palm Springs’ future.

2019 SALES & MARKETING PLAN

The 2019 Sales & Marketing Plan outlines the Visit Greater Palm Springs' strategy and execution of all marketing initiatives developed through research and collaboration, including key market prioritizations and detailed strategies such as co-ops, digital campaigns and increased brand awareness.

2018 CONSUMER IMAGE AWARENESS STUDY

Visit GPS partnered with Strategic Marketing & Research Insights (SMARInsights) to identify consumer perceptions of the destination and what attitudes and viewpoints may have changed since the original study was conducted in 2011.

2018 GREATER PALM SPRINGS RELOCATION STUDY

The Visit GPS collaborated with fuse Research to develop, conduct and analyze a survey to assess the interest level among a targeted sample set in relocating to Greater Palm Springs for a preferred employment opportunity.

2018 IMAGE & AWARENESS STUDY - MEETINGS

The Visit GPS commissioned Destination Analysts to conduct a Meetings Image Study that revealed important insights on how to optimize Greater Palm Springs’ brand messaging for groups and grow our meetings market.

2017 CANADIAN ECONOMIC IMPACT REPORT

The Visit GPS contracted Tourism Economics to undergo an in-depth analysis of Canadian visitor spending across various sectors, including lodging, food, retail and recreation, and its impact on the destination.

2017 ECONOMIC IMPACT OF TOURISM

To gain insight into the overall economic impact of tourism in Greater Palm Springs, the Visit GPS contracted with Tourism Economics to undergo an in-depth analysis of visitor spending and its impact on the Coachella Valley. The Visit GPS conducts economic research every odd year. 

2016 DESTINATION DEVELOPMENT PLAN

Working with leading strategic agencies Minding Your Business and Convention, Sports & Leisure, the Visit GPS created a Destination Development Plan in mid-2016 as a blueprint for short-term and long-term success, with goals for growing visitation and resultant jobs for all travel segments, from leisure to meetings.

THE ECONOMIC IMPACT OF A PROPOSED HOSPITALITY MANAGEMENT PROGRAM

This study, prepared by Tourism Economics, analyzes the potential long-term economic benefits that the proposed hospitality management program at the CSUSB Palm Desert Campus would generate in Greater Palm Springs in terms of economic and fiscal impacts, including total economic output, labor income, jobs and taxes generated.

SALTON SEA ECONOMIC IMPACT STUDY

Visit Greater Palm Springs commissioned Tourism Economics to outline the potential damage to the tourism industry of Greater Palm Springs over a five-year scenario in which the degradation of the Salton Sea continues without effective remediation.

REVITALIZED SALTON SEA

Visit Greater Palm Springs commissioned Tourism Economics to analyze the potential economic benefits of a hypothetical future scenario with a revitalized Salton Sea. 

THE ECONOMIC IMPACT OF A FULLY UTILIZED CSUSB PALM DESERT CAMPUS

This study, prepared by Tourism Economics, analyzes the potential economic benefits the CSUSB Palm Desert Campus master plan would generate in Greater Palm Springs in terms of economic and fiscal impacts, including total economic output, labor income, jobs and taxes generated.

NON-PRIMARY RESIDENCES BY LOCATION OF OWNER

The CVB commissioned Lauren Schlau Consulting to analyze a net sample of 66,578 Greater Palm Springs properties, identified as both single family and condo properties (many in both categories with multiple owners) to determine the total number, percentage and actual ownership for the properties in the destination, as well as for each of the nine cities.

2015 VISITOR INTERCEPT STUDY

In October 2014, Visit Greater Palm Springs contracted Custom Intercept Solutions of Minneapolis to launch a 12-month Visitor Profile and Perceptions Study, which proved beneficial to both Visit GPS and its Partners as an important resource for sales and marketing planning, as well as attracting new and increased visitation.

Skift Research Global Travel Outlook 2023

The experiential economy is back with a vengeance. After years of cancelled vacations, a huge wave of pent-up demand is sweeping the industry. Warning signs are flashing in other parts of the economy but ironically it seems to be because consumers are prioritizing travel and downgrading spend elsewhere.

Tourism Economics present on Travel and Tourism; Will the travel industry prevail through a potential gold recession?

The travel industry will not be unaffected by these headwinds. However, current data support our view that travel is on an upward swing and that this momentum will prevail through a recession. It will defy the typical dynamic of falling to a greater degree than the broader economy. That is, while the economic tide recedes, the travel tide may still rise in 2023.

 

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