MMGY NextFactor
MMGY NextFactor is an industry-leading consulting firm specializing in travel and tourism. Our team of experts has delivered insights and strategies to more than 250 destinations across the globe. We specialize in strategic planning and tourism master planning. Our firm was founded by Paul Ouimet in 2015, following the launch of our ground-breaking DestinationNEXT initiative.
Our collective team saw the opportunity to blaze a new trail for visitor economies and help destinations prepare for the next era of travel. We believe in the transformative power of travel. We realize that to be a leader in the tourism sector today is to be an architect of future economies, societies and possibilities. We provide the intelligence, insight and inspiration these leaders require to make a meaningful, sustainable and equitable difference in their communities.
In 2019, we joined forces with MMGY Global, the world’s largest integrated marketing company specializing in the travel, tourism and hospitality industries. As part of the MMGY Global family, our clients have access to insights and experts across multiple agencies throughout the world.
Tourism Economics
Tourism Economics LLC is an Oxford Economics company with a singular objective: combine an understanding of tourism dynamics with rigorous economics in order to answer the most important questions facing operators, destinations, strategic planners and others in the sector.
By combining quantitative methods with industry knowledge, Tourism Economics designs forecasting models, custom market strategies, tourism policy analysis, and economic impact studies. Our team of 23 economists is focused exclusively on the interplay between the travel industry and the economy. We have managed assignments around the world, with extensive experience in the Caribbean region.
Oxford Economics was founded in 1981 as a commercial venture with Oxford University’s business college to provide economic forecasting and modelling to UK companies and financial institutions expanding abroad. Since then, we have become one of the world’s foremost independent global advisory firms, providing reports, forecasts and analytical tools in 200 countries, 100 industrial sectors and over 3,000 cities.
Our best-of-class global economic and industry models and analytical tools give us an unparalleled ability to forecast external market trends and assess their economic, social and business impact. Our global team is highly skilled in a full range of research techniques and thought leadership capabilities, from econometric modelling, scenario framing, and economic impact analysis to market surveys, case studies, expert panels, and web analytics.
