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Released on May 13, 2024
Release on: coming soon

Economic Impact Research (EIR): Methodology

Economic Impact Report, tourism spending, tourism data, Economic impact report, methodology, sources, techniques, measurement, TSA, Tourism Satellite Account.

This report provides a comprehensive overview of the methodology used in WTTC’s Economic Impact Research (EIR) to measure the contribution of Travel & Tourism.
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Report details

This report explains the conceptual approach and methodology for calculating the direct GDP and employment impacts of Travel & Tourism, as well as its wider economic impacts through indirect and induced channels.

Here is some of the information covered in the report:

·        Conceptual overview

·        Major methodological changes made

·        TSA benchmarking exercise

·        Use of input-output tables

·        Baseline macroeconomic and Travel & Tourism assumptions upon which forecast figures are calculated

For further explanation of the methodology and sources behind this Economic Impact Research, please refer to these two supporting papers: 'Methodology'and 'Data Sources and Estimation Techniques'.

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Research support partners

Oxford Economics

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