Case Study

State Park Lodges Impact Analysis

State Park Lodges Impact Analysis

State Park Lodges Impact Analysis Various Parks in Kentucky The Commonwealth of Kentucky engaged Hunden Strategic Partners to conduct an economic impact analysis of the lodging facilities within their 49 State Parks, which consists of approximately 17 lodging and cottage facilities. HSP proposed to examine facilities at three (3) specific parks/lodges chosen by the Client: Lake Barkley State Resort Park, Lake Cumberland State Resort Park and Pine Mountain State Resort Park. The Client sought to know how much return on investment would accrue to the Commonwealth if the ongoing and deferred maintenance on these lodging properties is funded (versus no such funding for the next six years), resulting in updated and competitive facilities. Maintenance and capital items have been d

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