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
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.
- Outbound spending by residents abroad is not included
here, but is separately identified according to the TSA: RMF 2008
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
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:
- 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.
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.