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2021 Hospitality Outlook Featuring Founder & President of Tourism Economics Adam Sacks
Wednesday, March 10, 10:00 am - 11:00 am
Explore Asheville Hosts Adam Sacks with a Presentation on ‘Preparing for the Recovery’
On March 10, Explore Asheville presented the 2021 Hospitality Outlook, featuring noted authority Adam Sacks, Founder & President of Tourism Economics, an Oxford Economics company dedicated to understanding the relationship between travel and the economy.
Travel industry losses continue to mount, but according to Adam – who has worked for more than 20 years with destinations, industry associations, and companies around the world in the areas of opportunity and risk assessments, policy analysis, and economic impact – historic precedent and current data point to significant opportunity.
Adam shared Tourism Economics’ latest views on the economy, the current profile of travel, and expectations for how and when travel will fully recover. He also included information on local lodging performance as it relates to national forecasts.
This free, virtual event was presented especially for lodging owners, managers and sales teams.
More About Speaker Adam Sacks
Adam Sacks is the Founder and President of Tourism Economics, an Oxford Economics company dedicated to understanding the relationship between travel and the economy. For more than two decades, Adam has worked with destinations, industry associations, and companies around the world in the areas of opportunity and risk assessments, policy analysis, and economic impact.
Adam also supports trade associations in the hotel, aviation, and broader travel arena with forecasts widely considered to be an industry standard. And by examining the economic merits of travel facilitation, taxation, and tourism promotion initiatives, Adam’s work has influenced critical government policies.
He is an authority on measuring the economic impact of visitor activity and has analyzed the impacts of hotels, attractions, gaming, timeshare, cruising, and destination marketing.
Adam regularly presents to corporate strategic planning teams on the threats and opportunities facing their businesses and is a member of the U.S. Department of Commerce, Travel & Tourism Advisory Board.