Understanding historical trends and the factors that impact forward-looking assessments are foundational elements of any economic analysis. Our team of experts assist in a number of economic-related assessment, including economic and fiscal impact analyses, forecast model development for the broader economy or a particular sub-sector, and alternative strategy return-on-investment analyses.
We perform a variety of financial consulting services, including cost-benefit analyses, operational cost projections, financial pro-forma, and fiscal impact studies. Our financial advisory services also include the integration of econometric models designed to test the financial sensitivities to project, business or policy variables.
The hospitality industry includes travel and tourism, lodging, and resort destinations as well as gaming operations, suppliers and product developers. Tourism–oriented businesses, jurisdictions with legalized gaming, casino-hotels and slot route operators have a unique set of economic considerations affecting the way they do businesses. With extensive experience in the hospitality industry, we understand its unique aspects and how to take advantage of them.
A business without a digital strategy is no longer competitive in today’s economy. Information technology and systems have changed the landscape for how businesses and governments communicate with their clients and constituents, deal with complex processes, and provide essential services. We help our clients identify and integrate digital strategies from web design to social media solutions into their overall business strategies.
Given our broad range of general expertise and our experience in tracking and evaluating the economy and various industrial sectors, our professionals have been identified as expert witnesses on a variety of litigation cases. Whether litigation support services focus on damages calculations, evaluating market conditions at key decision points in history, or assessing the viability of a development project, our experts understand the diligence and preparedness required.
Market analysis is essential to economic decision-making. It is fundamentally concerned with decisions made in an evolving, competitive environment where resources are scarce. Our team uses supply-side and demand-side techniques to evaluate market and/or consumer potential for products, services and developments.
Sometimes, primary research is the best means of getting vital information from a target demographic. Common strategies include telephonic polling, web panels, intercept surveys and focus groups. Real-time assessments of the general public or targeted consumer groups can provide immediate feedback for a wide range of uses. We assist our clients with gauging consumer confidence within the market, their likelihood to participate in a particular activity or their perceptions about a public policy issue. Understanding market perceptions before presenting an idea or investing millions of dollars in a particular venture can be invaluable.
Changes in public policy can materially impact the economic, fiscal and social conditions within a region. Our team applies understanding of public finance, taxation systems, planning and other governmental practices to provide insight into the impact of legislation and other policy decisions.