Triple Point News
Forecasting the Future: Tahoe South Event Center
The South Tahoe Event Center symbolizes the South Lake Tahoe transformation from a skiing and gaming area into a broader entertainment and outdoor recreation destination. Throughout the year, this facility will attract conventions, concerts and sporting events. The...
Dynamic Pricing Meets Big Data
We all know that supply and demand intersect at price. Historically, supply and demand curves have represented the market place for a particular good or service. For example, how strong is the demand for skiing in April across the country? It is an aggregate of how...
Transformational Data Analysis to Improve DMO Performance
Triple Point and SMG Consulting are partnering to offer the NEXT LEVEL DMO PERFORMANCE SUITE. These three quantitative services are bundled and specifically designed for DMO leaders who want the highest-level insights for leading their organization. What you get Enjoy...
Dynamically Pricing Short-Term Rentals
An analysis of short-term rental (STR) room rates in Austin for the 2016 year clearly shows the interplay of supply and demand. As major events such as SXSW spike demand for rental lodging, prices rise accordingly. These findings further imply that supply was not able...
Forest Management Should Fund Firefighting
Unnaturally overgrown forests, catastrophic fires, and bark beetle infestations: what’s wrong with this picture? Poor forest health. The sequence really begins with the U.S. Forest Service spending over half of its budget fighting catastrophic fires, which in turn...
Data-Driven Marketing in the Ski Industry
Skier visits Skier visits are reaching all-time highs though growth rates are modest. National visits increased 3.7 percent, yet failed to hit the 20-year average. Utah skier visits increased 2.8 percent and Colorado visitation dipped slightly. Last winter is being...
Solutions for Small Community Air Service
Last month I wrote about the economics of regional flying and the spiral nature of larger aircraft literally “driving” more air passengers to larger hubs. Before that we looked at the economics of the regional “pilot shortage”. Indeed, small community airports are...
Regional Airline Economics Challenges Small Community Air Service
Small regional airports find themselves caught between a rock and a hard place with demand for additional passengers sourced by regional airlines declining on one side and the unit cost of acquiring those passengers increasing on the other. The reason demand is...
Embracing Change in Our Mountain Towns
In a recent ColoradoBiz piece about the pluses and minuses of tourism in Colorado mountain towns, I was asked to comment. The subtitle is “It’s a struggle to juggle identity amid change.”, Tourism brings economic activity to rural towns, but along with economic...