Quieting the Noise in Economic Impact Estimates | By Thomas A. Hazinski
An assessment of the accuracy of traditional approaches to valuing the economic contribution of convention, sports, and entertainment venues reveals significant limitations of economic impact models that tend to produce noisy and sometimes biased estimates. Improved methodologies and the effective use of available data sources that address some of these limitations can provide more reliable estimates. Venue owners and destination market organizations need improved methodologies to estimate the r...
San Diego Convention Center United States San Diego Switzerland General City Of San Diego Census Bureau
Source: hospitalitynet.org