Tourism Satellite Accounts
Tourism is an economic sector that is not defined as an industry in national accounts. Rather, it is an amalgam of industries such as travel, accommodation, food and beverage service, transportation, recreation and entertainment. The Tourism Satellite Account is the instrument that measures the generation of tourism economic data (such as the direct contribution of Tourism to GDP) that is comparable with other economic statistics. It does this by contrasting data from the demand-side (the acquisition of goods and services by visitors while on a tourism trip) with data from the supply-side of the economy (the value of goods and services produced).