INSTO Technical Webinar on Economic Benefits

  • Home
  • /
  • Blog
  • /
  • INSTO Technical Webinar on Economic Benefits

Last updated on May 27, 2022

Tourism activity in a destination is often a driver of development, triggering desired investment and employment opportunities. To contribute to the desired development objectives of destinations while fostering sustainability, it is important to regularly monitor and evaluate economic benefits, including the return on their investment, direct and indirect effects on employment, taxes earned from tourism businesses and any increase in asset values (land and infrastructure prices). In addition, tourism often causes indirect economic benefits through the development of support services and increased opportunities in other industries ranging from food and agriculture to crafts and construction.

Indicators of the economic effects of tourism activity on a destination range from measuring employment, business investments, tourism receipts, community expenditures to leakage aspects. Many of these aspects are considered in the Tourism Satellite Account, the statistical framework used as a standardised tool to measure the direct economic contributions of tourism consumption to a national economy.

This eighth technical webinar will discuss the experiences and lessons learned by Members of the UNWTO International Network of Sustainable Tourism Observatories (INSTO) in the field of measuring and monitoring economic benefits. The webinar is directly derived from the 11 key thematic areas mandatory for INSTO Members.
 

INTRODUCTIONDr. Dirk Glaesser, Director and Ms. Cordula Wohlmuther, Coordinator, Sustainable Tourism Development, UNWTO
See Presentation
See Video
PRESENTATIONS BY INSTO MEMBERSThompson Okanagan Sustainable Tourism Observatory, Canada
Mr. Mike Overend, Director of Destination Development and Ms. Evelyn Layman, Destination Management and Development Specialist
View Presentation
Watch videoAlgarve Sustainable Tourism Observatory, Portugal
Prof. João Albino Silva, Faculty of Economics, University of the Algarve
View Presentation
View videoTourism Observatory of the City of Buenos Aires, Argentina
Ms. Silvina Di Giano, Manager of Tourism Research Operations, Department of Market Intelligence and Observatory, Buenos Aires Tourism Council
View Presentation
View Video

About the Observatory

Fundació Mallorca Turisme
Edifici de la Misericòrdia
Plaça de l'Hospital, 4
07012 Palma, Illes Balears
Tel. +34 971 21 96 48

© 2023 STO Mallorca | All Rights Reserved |