Travel & Tourism keyword Definition

Travel & Tourism keyword Definition

Iran Travel & Tourism Economic Impact 

KeyWord in Travel-Tourism industry Definitions

 

Travel & Tourism – relates to the activity of travellers on trips

outside their usual environment with a duration of less than one

year. Economic activity related to all aspects of such trips is

measured within the research.

 

Direct contribution to GDP – GDP generated by industries that

deal directly with tourists, including hotels, travel agents, airlines

and other passenger transport services, as well as the activities of

restaurant and leisure industries that deal directly with tourists. It is

equivalent to total internal Travel & Tourism spending (see below)

within a country less the purchases made by those industries

(including imports). In terms of the UN’s Tourism Satellite Account

methodology it is consistent with total GDP calculated in table 6 of

the TSA.

 

Direct contribution to employment – the number of direct jobs

within Travel & Tourism. This is consistent with total employment

calculated in table 7 of the TSA.

 

Total contribution to GDP – GDP generated directly by the Travel

& Tourism sector plus its indirect and induced impacts (see below).

 

Total contribution to employment – the number of jobs

generated directly in the Travel & Tourism sector plus the indirect

and induced contributions (see below).

 

Travel & Tourism Direct Spending Impacts

 

Visitor exports – spending within the country by international

tourists for both business and leisure trips, including spending

on transport, but excluding international spending on education.

This is consistent with total inbound tourism expenditure in

table 1 of the TSA.

 

Domestic Travel & Tourism spending – spending within a

country by that country’s residents for both business and leisure

trips. Multi-use consumer durables are not included since they

are not purchased solely for tourism purposes. This is consistent

with total domestic tourism expenditure in table 2 of the TSA.

  1. Outbound spending by residents abroad is not included

here, but is separately identified according to the TSA: RMF 2008

(see below).

 

Government individual spending – spending by government on

Travel & Tourism services directly linked to visitors, such as cultural

services (eg museums) or recreational services (eg national parks).

 

Internal tourism consumption – total revenue generated within a

country by industries that deal directly with tourists including visitor

exports, domestic spending and government individual spending.

This does not include spending abroad by residents. This is

consistent with total internal tourism expenditure in table 4 of the

TSA.

 

Business Travel & Tourism spending – spending on business

travel within a country by residents and international visitors.

 

Leisure Travel & Tourism spending – spending on leisure travel

within a country by residents and international visitors.

 

Indirect and Induced Impacts

 

Indirect contribution – the contribution to GDP and jobs of the

following three factors:

  • Capital investment – includes capital investment spending

by all industries directly involved in Travel & Tourism. This also

constitutes investment spending by other industries on specific

tourism assets such as new visitor accommodation and

passenger transport equipment, as well as restaurants and leisure

facilities for specific tourism use. This is consistent with total

tourism gross fixed capital formation in table 8 of the TSA:

RMF 2008.

  • Government collective spending –government spending in

support of general tourism activity. This can include national as

well as regional and local government spending. For example,

it includes tourism promotion, visitor information services,

administrative services and other public services. This is

consistent with total collective tourism consumption in table

9 of TSA: RMF 2008.

  • Supply-chain effects – purchases of domestic goods and

services directly by different industries within Travel & Tourism

as inputs to their final tourism output.

 

Induced contribution – the broader contribution to GDP and

employment of spending by those who are directly or indirectly

employed by Travel & Tourism.

 

Other Indicators

 

Outbound expenditure – spending outside the country by

residents on all trips abroad. This is fully aligned with total outbound

tourism expenditure in table 3 of the TSA.

 

Foreign visitor arrivals – the number of arrivals of foreign visitors,

including same-day and overnight visitors (tourists) to the country.