Resort Economics

Resort economics studies the financial aspects and economic impact of resorts and vacation destinations. It examines how resorts generate revenue through lodging, dining, activities, and services, along with their influence on local economies, including job creation and tourism spending. Understanding resort economics helps businesses and policymakers optimize operations, enhance visitor experiences, and support sustainable practices. Key factors include pricing strategies, seasonality, customer demographics, and the overall health of the tourism industry, which affects both the profitability of resorts and their contributions to local and regional economies.