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A proposed methodology for nowcasting the demand and supply estimates of tourism activities

Author

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  • Tullio Buccellato

    (Office for National Statistics)

  • Dominic Webber

    (Office for National Statistics)

  • Sean White

    (Office for National Statistics)

Abstract

SummaryThe main objective of this work is to produce up to date and frequent figures of the demand and supply sides of the tourism sector. Demand here refers to tourism consumption or expenditure, while supply refers to the output from tourism related industries. This is carried out to address one of the weaknesses of the Tourism Satellite Account (TSA), which is based on data from the System of National Accounts (SNA) which is published two years after the reference date. The requirement for timely and frequent figures for tourism demand and supply has emerged from all the main actors in the UK tourism sector: the national tourism boards, for example VisitEngland; Department for Culture, Media, and Sport (DCMS); and the nine regional development agencies (RDA).

Suggested Citation

  • Tullio Buccellato & Dominic Webber & Sean White, 2010. "A proposed methodology for nowcasting the demand and supply estimates of tourism activities," Economic & Labour Market Review, Palgrave Macmillan;Office for National Statistics, vol. 4(10), pages 62-73, October.
  • Handle: RePEc:pal:ecolmr:v:4:y:2010:i:10:p:62-73
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