Traditional and alternative methods of tourist event evaluation: case study of the Czech Republic

This contribution presents and discusses selected methods and techniques applied in the area of tourist event assessment with a main focus on their economic effects evaluation. Besides the traditional evaluation models, such as the Input-output analysis or the CGE model, one newer and less common methodology–the local multiplier LM3 is introduced. This evaluation method has not been applied yet (in its full version) on any particular event, but it seems to have a potential to become more widespread, especially for evaluating events of local character and impact. This paper also observes the current research stages in terms of event tourism in the Czech Republic, where event industry increased its importance in the last decades. It offers an exhaustive listing of all the studies observing primarily event economic impacts in the Czech regions. The results of this study present a classification of the Czech events\u27 economic impact studies according to the applied methodology and also some recommendations for selection particular methodology according to a specific type of an event

Selection of quantitative and qualitative methods for comprehensive evaluation of PPP projects focusing on the Czech Republic

The article deals with the theoretical back-ground and concepts providing the basis for the use of forms of financing and acquisition of public goods and services through partnerships between the public and the private sectors (public-private partnership – PPP). The aim of this article is to introduce a new original methodology using a selection of qualitative and quantitative methods for evaluating investments and to form a complex output that will clearly and distinctly testify about the appropriateness of using the PPP method. For this purpose, processes which are normally used for business valuation – generators of values, property valuation, yield valuation, valuation based on market analysis, are combined and incorporated/recast in the current assessment methodology, which is based on the Public Sector Comparator and determinants of value for money (VFM), are being used. Although this new methodology was developed in response to the problematic situation regarding PPP projects’ evaluation particularly in the Czech Republic, it can also be applied in other countries.</p