Facilitating debate on tourism economics
The tourism economics pillar is at the forefront of, and recognised for its expertise in economic analysis, policy and data management. Our team of leading researchers have a wealth of experience in government, industry and academia, with a strong focus on economic theory and analysis. We focus on independence, credibility and accuracy, with an aim to contribute to the tourism economics debate both nationally and internationally.
Using a wide range of well tested as well as cutting edge methodologies, we model key aspects of the economy to increase our understanding of tourism as an increasingly important economic activity. Tapping into expertise in Computable general equilibrium modelling, Tourism satellite accounts, econometric and structural equation modelling, and evolutionary economics we are able to address the key issues that matter to tourism stakeholders.
Sound policy depends on robust advice and authorities analysis of evidence. Researchers at Griffith Institute for Tourism use a wide range of tools and methods to deliver tourism policy analysis, strategic advice, tourism planning and management input, tourism forecasting and demand modelling and analysis of productivity and the labour market, including the role of new technologies and digital disruption.
BIG DATA AND DATA MINING
Data generates knowledge. At Griffith Institute for Tourism, we use a wide range of data sources and analytics to extract new insights from data mining and integration, including using Big Data approaches.
Economic impact assessment
Griffith Institute for Tourism conducts economic impact assessments on tourism expenditure of domestic, inbound and outbound visitors.
Measuring the economic value of tourism (Tourism Satellite Accounts)
Our researchers offer extensive expertise in development and training on Tourism Satellite Accounts.
Our researchers conduct cost-benefit analysis to understand tourisms real economic, social and environmental impact.
Our Institute helps destinations understand visitor statistics and predict future trends by using modelling techniques.
Visitor behaviour and movement tracking using Big Data
Griffith Institute for Tourism has the ability to analyse massive amounts of data to understand visitor behaviour, movement and trends.
Property and investment assessment and planning
Our Institute can work with government and industry to conduct assessments on property and investment opportunities within tourism.
Economic development strategies
Griffith Institute for Tourism is a leader in identifying economic development strategies for destinations and industry.