Economic impact

Grant Thornton has undertaken economic and socio-economic impact assessments for various developments (hotels, conference centres, etc.), events (Olympic Games, Formula 1 Grand Prix, etc.) and sectors within the tourism industry (business tourism and business travel).

Specific assignments include:

2010 FIFA World Cup Bid
Economic impact assessments for the 2010 FIFA World Cup events, should they be held in South Africa, submitted as part of the bids and used to gain government support for the bids.

Simulated Tourism Satellite Accounts (TSA)
Compilation of a simulated tourism satellite account first for South Africa and then later for the Northern Cape province to measure the economic impact of the tourism industry.

Golf Estates in the Western Cape
Assisted in a market assessment of golf estates in the Western Cape on behalf of the Premier of the Western Cape with an assessment of the net impact of golf estates on the economy of the Western Cape.

Waterfront in Nelson Mandela Bay
Assessment of the economic impact of a proposed waterfront development including residential, commercial and retail elements.

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