Page 47 - Introduction to Tourism

The 2008 WTTC estimates for the world is the

eighth set of Tourism Satellite Accounting (TSA)

that Oxford Economic Forecasting has prepared

for WTTC. The first, commissioned in 2001,

reengineered the models previously developed

during the 1990s. The second, prepared in 2002,
served an important role in helping to quantify the

effects of the tragic events of September 11,
2001, on tourism. The third, in 2003, significantly

upgraded and enhanced the quality,
sophistication, and precision of the TSA research

and presented a second (worst-case) scenario

for the Iraq war. The 2004 research increased

the world coverage by adding thirteen countries

not previously included in the TSA research,

bringing the total number of countries included

to 174. The 2007 research is now firmly

anchored in the international standard for tourism

satellite accounting that was developed by

UNWTO, OECD, and Eurostat, and approved by

the United Nations Statistical Commission in

2000.

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