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Tourism satellite account

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A tourism satellite account (TSA) is the internationally agreed method for estimating the direct economic significance of tourism in an economy.

Tourists spent an estimated £4.2bn in Wales in 2007; leading to an estimated £1.7bn in additional Welsh gross value added (GVA).  Figures also show an increase in the estimate of tourism-dependent employment, from 59,000 in 2000 to 78,000 in 2007.

These figures are estimated with reference to the Tourism Satellite Account (TSA) for Wales 2007. Wales is very unusual in having a fully developed TSA at regional level. The Welsh TSA project started in 2000, with Cardiff Business School developing the account for Wales Tourist Board and then Visit Wales.

For a summary or a copy of the full report please download below.