TOURISM SATELLITE ACCOUNT - STATISTICAL METHOD FOR DETERMINING THE ECONOMIC IMPACT OF TOURISM
TOURISM SATELLITE ACCOUNT - STATISTICAL METHOD FOR DETERMINING THE ECONOMIC IMPACT OF TOURISM

Summary/Abstract: The permanent concerns of analysts to determine how accurately the real economic benefits of tourism, not stopping at only the direct costs of international and domestic visitors but to consider their indirect effects have made them believe that tourism statistics are not comprehensive enough.This is both because they fail to provide a concrete or in respect of costs incurred by tourists on their own and to some extent to those seeking semi-organized tourism and because the economic effects of spending tourist receipts go beyond statistics reported by service providers. As a result, the World Tourism Organization (UNWTO) in collaboration with the World Travel and Tourism Council (WTTO), the European Union Statistical Office (EUROSTST) and other regional statistical bodies initiated the Tourism Satellite Account system, UNWTO recommending its adoption by all countries.

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