Economic impact of the Athens International Airport
|
|
- Percival Horton
- 5 years ago
- Views:
Transcription
1 FOUNDATION FOR ECONOMIC & INDUSTRIAL RESEARCH 11 T. Karatassou St, Athens, Greece, Tel: (+30) , Fax: (+30) , Economic impact of the Athens International Airport Athens, November 2018
2 From Infrastructure to Business Community Infrastructure Business Entity Airport Business Community Impact on Economy and Society 2 Runways 24hour operation 26 million passenger capacity Aeronautical Business Commercial Business Profitability CSR 24+ million passengers 4.9 million visitors 5,400 Suppliers 2
3 Study objectives Present and analyse the latest data and developments in the operation of Athens International Airport (AIA) Estimate the contribution of AIA to economic activity and employment Highlight the importance of AIA for the development of the Greek tourism industry 3
4 1. Athens International Airport: Current state 4
5 Total passenger traffic increased substantially during the past five years (+73% cumulative growth) million passengers Passenger traffic in the Athens International Airport, % Source: Civil Aviation Authority AIA achieved the strongest increase in passenger traffic among the 30 largest European airports between 2013 and
6 Revenues in the AIA economic system reached 2 billion, higher by 59% compared to 2012 million 2500 Turnover by partner in the AIA economic system, 2017 against % 2,071 Outsourcers 37, Users 125,3 Retail park 140,9 State authorities 148, ,304 Outsourcers 38,8 Concessionaires 331,8 Users 121, Retail park 141,7 State authorities 121,9 Concessionaires 219,9 AIA S.A. 454,9 500 AIA S.A. 338,8 Airlines 832,3 Airlines 321,
7 Employment in the AIA economic system grew by 23% cumulatively during the past six years thousand jobs 20 Employment by partner in the AIA economic system, 2017 against % 16.3 More than AIA S.A. 0.7 Retail park 1.2 Outsourcers 1.7 State authorities 2.1 AIA S.A. 0.7 Retail park 1.2 Outsourcers 2.0 State authorities 2.2 Concessionaires Concessionaires 2.4 Airlines 2.6 Airlines Users 2.4 Users
8 2. Economic impact of the Athens International Airport 8
9 2.1 Methodological approach 9
10 The estimation of the overall economic impact of AIA takes into account the sector interactions in the Greek economy Impact Wider of the effects AIA economic of activity system the AIA economic system Direct effect Indirect effect Induced effect Expenditure Operation of the AIA economic system of foreign Transportation Airport company residents Airlines of AIA visitors arriving at Users AIA Outsourcers Concessionaires Retail park State authorities Total impact Consumer spending out of labour income created directly or indirectly by the AIA economic system Products and services along the AIA supply chain (GDP, employment, tax revenues) The indirect and induced effects are estimated with an Input-Output model of the Greek economy 10
11 2.2 Total impact 11
12 The total contribution of AIA in terms of GDP is estimated at 4.4% of GDP ( 7.9 billion) in 2017 Economic impact of the Athens International Airport on GDP (million ), 2017 Economic impact of the Athens International Airport on employment (thousand jobs), 2017 Wider effects 4,422 Wider effects % of GDP AIA economic system 3, % of total domestic employment The impact on employment from the operation of AIA is estimated at almost 181,000 jobs in 2017 (4.8% of total employment in the domestic labor market) AIA economic system 73.2 Source: IOBE analysis 12
13 2.3 Impact of AIA economic system 13
14 The contribution of the AIA economic system alone is estimated at 1.9% of GDP ( 3.4 billion) in 2017 Source: IOBE analysis In terms of employment, the total contribution from the AIA economic system is estimated at about 73,200 jobs 14
15 Substantial multiplier effects in the economy due to the operation of the AIA economic system GDP multipliers from the operation of Athens International Airport economic system Employment multipliers from the operation of Athens International Airport economic system 1 GDP in AIA 1 Job in AIA Partial multiplier Partial multiplier 1.6 indirect effect on GDP 2.1 jobs indirect Total multiplier 3.4 total impact on GDP Total multiplier 4.5 Jobs total Each euro of GDP produced in AIA generates 3.4 euro of GDP in the Greek economy Each job in AIA corresponds to 4.5 full-time equivalent jobs at national level Source: ΙΟΒΕ analysis Partial multiplier: The multiplier effect on GDP, employment, etc. due to indirect effects Total multiplier: The multiplier effect by combining indirect and induced effects 15
16 The largest total contribution to GDP from the AIA economic system comes from the operation of airlines million thousand jobs 1600 Economic impact on GDP by partner of the AIA economic system, Economic impact on employment by partner of the AIA economic system, Users State autorities Retail park Outsourcers 0 Airlines Airlines AIA S.A. Concessionaires Concessionaires Users State autorities AIA S.A. Outsourcers Retail park Direct Indirect Induced Direct Indirect Induced Source: ΙΟΒΕ analysis Users and airlines have the largest direct impact on employment 16
17 2.3 Broader effects 17
18 One out of six foreign residents arrived to Greece via Athens International Airport in 2017 million passengers International travelers arriving at Athens International Airport, ,0 +87% 4,5 4,0 Incoming foreign travelers in the country from Athens International Airport doubled in the past five years 3,5 3,0 2,5 2,0 1,5 1,0 0,5 0, Source: Civil Aviation Authority 18
19 The contribution of inbound foreign travelers through AIA, in terms of travel receipts, is estimated at 2.9 billion in 2017 million 3500 Travel expenditure by incoming international travelers to Greece via AIA, % EU countries Non-EU countries Total Source: Bank of Greece Data processing: ΙΟΒΕ This figure corresponds to 20% of total travel expenditure made by inbound foreign travelers to Greece in
20 The spending of international travelers through AIA generated 1.6 billion GDP (direct impact) in 2017 Flow of travel expenditure in the economy Spending of international foreign travelers arriving at AIA: 2.9 billion Accommodation Food & Beverage Domestic production: 2.3 billion Imports: 0.6 billion Value Added: 1.1 billion Taxes on products: 0.5 billion Intermediate Consumption: 0.7 billion Direct impact on GDP: 1.6 billion Retail Transportation Recreation/Entertainment 20
21 The total contribution to GDP of spending by incoming travelers through AIA is estimated at 2.3% of GDP ( 4.1 billion) in 2017 Source: ΙΟΒΕ analysis Inbound travel expenditures by international travelers arriving at AIA support about 102,000 jobs at national level (2.7% of the total domestic employment) 21
22 The contribution to GDP from transportation services is estimated at 290 million - 3/5 of it come from public transport operators & taxi Share of total contribution on GDP by mode of transportation Suburban railway 12 Mini-buses 10 Airport bus line 30 Taxi 102 Metro 40 Attiki Odos motorway 44 Car rentals 52 Source: ΙΟΒΕ analysis Τhe contribution to employment from transportation services to AIA visitors is estimated at about 5,200 jobs 22
23 2.4 Contribution of the AIA economic system at regional level 23
24 The impact on GDP of Attiki region from the AIA economic system is estimated at 2.9 billion (3.5% of the region s GDP) million thousand jobs 3500 Economic impact on GDP from the operation of AIA economic system at regional level, Economic impact on employment from the operation of AIA economic system at regional level, , ,9 56, ,3 0 Source: ΙΟΒΕ analysis Direct in Attiki Indirect in Attiki Induced in Attiki Total in Attiki 0 Direct in Attiki Indirect in Attiki Induced in Attiki Total in Attiki The contribution to employment from the AIA economic system in Attiki region is estimated at about 56,100 jobs or 4.1% of the region s employment 24
25 The number of employed people in AIA residing in the area of Mesogeia stood at about 3,700 in 2017 Employment (direct) in the AIA economic system based on the place of residence (in thousands), 2017 Employed people in AIA economic system residing in the area of Mesogeia 3,7 Employed people in AIA economic system residing elsewhere in Attiki region 12,6 Source: AIA, ΙΟΒΕ analysis Considering the indirect and induced effects, the economic impact on employment in the Mesogeia area is estimated at about 11,600 jobs 25
26 2.5 Comparison with previous estimates 26
27 The contribution of AIA to the Greek economy has strengthened compared to previous years Additional contribution to GDP in 2017 Source: IOBE analysis The economic contribution from AIA increased by 2.8 billion or 1.8 percentage points of GDP compared with 2012 (from 2,6% to 4.4% of GDP in 2017) 27
28 The total contribution to employment increased by about 81,000 jobs (from 2.5% to 4.8% of total employment) Additional contribution to employment in 2017 Source: IOBE analysis 28
29 The higher contribution is attributed to the strong growth of passenger traffic at a period of GDP stagnation billion million foreign arrivals GDP of the Greek economy and international arrivals at AIA, , ,5 4,0 3,5 3, , , ,5 1, , ,0 International arrivals at AIA (right axis) GDP (left axis) (*) GDP at constant prices Source: Civil Aviation Authority, Hellenic Statistical Authority 29
30 The contribution of AIA in terms of employment (without wider effects) is similar to that of the airports of Dublin and Amsterdam Contribution of airport economic systems, share of national GDP Contribution of airport economic systems, share of total domestic employment 3,0% 3,0% 2,5% 2,5% 2,0% 2,0% 1,5% 1,5% 1,0% 1,0% 0,5% 0,5% 0,0% AMS (2012) CDG (2012) ARN (2012) ATH (2017) DUB (2016) BRU (2015) ZRH (2016) LGW (2016) 0,0% ARN (2012) AMS (2012) ATH (2017) DUB (2016) BRU (2015) CDG (2012) ZRH (2016) LGW (2016) (*) The economic impact stems from the operation of the airports without considering broader effects such as tourism (**) The figures in the brackets show the year for which the impact is estimated (***) AMS - Amsterdam Airport Schiphol, CDG - Charles de Gaulle Airport, ARN - Stockholm Arlanda Airport, ATH - Athens International Airport, DUB - Dublin Airport, ZRH - Zurich Airport, LGW London Gatwick Airport, BRU - Brussels Airport Source: PWC, Oxford economics, National Bank of Belgium, Infras/BAK Basel, Intervistas, IOBE 30
31 3. Conclusions 31
32 Conclusions AIA is a significant driver of economic development at regional and national level More than 16,000 people are employed in the businesses operating at the airport The spending of foreign travelers at AIA has multiplier effects on the economy Its contribution to GDP is estimated at 7.9 billion (4.4% of GDP) in 2017 The impact on employment from the operation of AIA is estimated at 181,000 jobs in 2017 (4.8% of total domestic employment) In terms of GDP, the contribution of the AIA economic system is estimated at 3.4 billion in 2017 (or 1.9% of Greek GDP) In terms of employment, the impact of the AIA economic system is estimated at about 73,000 jobs in 2017 Travel expenditure by foreign travelers arriving at AIA is estimated at 2.9 billion in 2017 Their contribution to GDP is estimated at 4.1 billion (or 2.3% of GDP) in 2017 In terms of employment, more than 102,000 jobs at national level are supported by the arrivals of foreign travelers through AIA 32
The Civil Aviation Sector as a Driver for Economic Growth in Egypt
The Civil Aviation Sector as a Driver for Economic Growth in Egypt EDSCA Conference Cairo, November 10, 2013 Agenda 1. Facts and figures 2. Socio-economic impact of the civil aviation sector 3. Options
More informationThe contribution of Tourism to the Greek economy in 2017
The contribution of Tourism to the Greek economy in 2017 1 st edition (provisional data) May 2018 Dr. Aris Ikkos, ISHC Research Director Serafim Koutsos Analyst INSETE Republishing is permitted provided
More informationThe Economic Impact of Tourism in Maryland. Tourism Satellite Account Calendar Year 2015
The Economic Impact of Tourism in Maryland Tourism Satellite Account Calendar Year 2015 MD tourism economy reaches new peaks The Maryland visitor economy continued to grow in 2015; tourism industry sales
More informationTHE 2006 ECONOMIC IMPACT OF TRAVEL & TOURISM IN INDIANA
THE 2006 ECONOMIC IMPACT OF TRAVEL & TOURISM IN INDIANA A Comprehensive Analysis Prepared by: In Partnership with: PREPARED FOR: Carrie Lambert Marketing Director Indiana Office of Tourism Development
More informationThe Economic Impact of Tourism in North Carolina. Tourism Satellite Account Calendar Year 2015
The Economic Impact of Tourism in North Carolina Tourism Satellite Account Calendar Year 2015 Key results 2 Total tourism demand tallied $28.3 billion in 2015, expanding 3.6%. This marks another new high
More informationThe Economic Impact Of Luxembourg Airport 29 April 2016
The Economic Impact Of Luxembourg Airport 29 April 2016 What is Economic Impact Economic Impact of Luxemburg Airport refers to the contribution of the Airport to the Luxembourg Economy This can be measured
More informationEconomic Contribution of Tourism to NSW
Economic Contribution of Tourism to NSW 2013-14 Tourism is a significant part of the NSW economy. In 2013-14, tourism contributed $34.9 billion (Tourism Consumption) to the NSW economy and employed 272,000
More informationTourism Satellite Account Calendar Year 2010
The Economic Impact of Tourism in Georgia Tourism Satellite Account Calendar Year 2010 Highlights The Georgia visitor economy rebounded in 2010, recovering 98% of the losses experienced during the recession
More informationEconomic Contribution of Tourism to NSW
Economic Contribution of Tourism to NSW 2015-16 Tourism is a significant part of the NSW economy. In 2015-16, tourism contributed $38.1 billion (Tourism Consumption) to the NSW economy and employed 261,100
More informationThe Economic Impact of Tourism in Walworth County, Wisconsin. July 2013
The Economic Impact of Tourism in Walworth County, Wisconsin July 2013 Key themes for 2012 The Walworth County, Wisconsin visitor economy continued its brisk growth in 2012. Visitor spending rose 11% after
More informationAthens International Airport. A successful PPP & attractive investment
Athens International Airport A successful PPP & attractive investment Konrad Adenauer Stiftung-IOBE Athens, January 24 th, 2013 AIA is a pioneer PPP greenfield project Hellenic Republic Asset Development
More informationThe Economic Impact of Tourism in North Carolina. Tourism Satellite Account Calendar Year 2013
The Economic Impact of Tourism in North Carolina Tourism Satellite Account Calendar Year 2013 Key results 2 Total tourism demand tallied $26 billion in 2013, expanding 3.9%. This marks another new high
More informationForegone Economic Benefits from Airport Capacity Constraints in EU 28 in 2035
Foregone Economic Benefits from Airport Capacity Constraints in EU 28 in 2035 Foregone Economic Benefits from Airport Capacity Constraints in EU 28 in 2035 George Anjaparidze IATA, February 2015 Version1.1
More informationThe Economic Impact of Tourism in Hillsborough County. July 2017
The Economic Impact of Tourism in Hillsborough County July 2017 Table of contents 1) Key Findings for 2016 3 2) Local Tourism Trends 7 3) Trends in Visits and Spending 12 4) The Domestic Market 19 5) The
More informationEconomic Impacts of Campgrounds in New York State
Economic Impacts of Campgrounds in New York State June 2017 Report Submitted to: Executive Summary Executive Summary New York State is home to approximately 350 privately owned campgrounds with 30,000
More informationEconomic Impact of Aviation in Arizona
Economic Impact of Aviation in Arizona Presented by: Arizona Department of Transportation Aeronautics Division May 5, 2004 Aviation Contributes $38.5 Billion to the Arizona Economy PRIMARY IMPACT Economic
More informationThe Economic Impact of Tourism in Jacksonville, FL. June 2016
The Economic Impact of Tourism in Jacksonville, FL June 2016 Highlights Visitor spending surpassed $2.0 billion in 2015, growing 4.4%. As this money flowed through Duval County, the $2.0 billion in visitor
More informationThe Economic Impact of Tourism in Maryland. Tourism Satellite Account Calendar Year 2016
The Economic Impact of Tourism in Maryland Tourism Satellite Account Calendar Year 2016 County Results Washington County, Visitors Washington County Visitors (thousands) Year Overnight Day Total Growth
More informationEconomic Impact of Tourism in South Dakota, December 2017
Economic Impact of Tourism in South Dakota, 2017 December 2017 1) Key findings 1) Growth continues in 2017 but pales against the event driven years of 2015 and 2016 in South Dakota Key facts about South
More informationThe economic impact of ATC strikes in Europe Key findings from our updated report for A4E
pwc.com The economic impact of ATC strikes in Europe Key findings from our updated report for A4E Prepared for A4E Updates to our analysis since June 2016 Since releasing our Preliminary Findings in June
More informationEconomic Impact of Tourism in Hillsborough County September 2016
Economic Impact of Tourism in Hillsborough County - 2015 September 2016 Key findings for 2015 Almost 22 million people visited Hillsborough County in 2015. Visits to Hillsborough County increased 4.5%
More informationThe Economic Impact of Travel in Minnesota Analysis
The Economic Impact of Travel in Minnesota 2013 Analysis Overview 2013 Highlights Traveler Spending Traveler spending of $10.3 billion generated $17.6 billion in total business sales in 2013 as travel
More informationThe Economic Impact of Tourism in Buncombe County, North Carolina
The Economic Impact of Tourism in Buncombe County, North Carolina 2017 Analysis September 2018 Introduction and definitions This study measures the economic impact of tourism in Buncombe County, North
More informationEconomic Impact of Tourism in South Dakota, December 2018
Economic Impact of Tourism in South Dakota, 2018 December 2018 1) Key Findings Growth rebounds in 2018 as a strong hunting season drives tourism growth Key facts about South Dakota s tourism sector Key
More information5 th Airline Marketing Workshop. Zoom in 2004 Zoom out 2005
5 th Airline Marketing Workshop Zoom in 2004 Zoom out 2005 Key Market Developments & Prospects What we will discuss: 2004: a year of records Passengers Travelling Patterns What will the future bring? Key
More informationFrom: OECD Tourism Trends and Policies Access the complete publication at: Ireland
From: OECD Tourism Trends and Policies 2014 Access the complete publication at: http://dx.doi.org/10.1787/tour-2014-en Ireland Please cite this chapter as: OECD (2014), Ireland, in OECD Tourism Trends
More informationThe Economic Impact of Tourism in Hillsborough County, June 2018
The Economic Impact of Tourism in Hillsborough County, 2017 June 2018 Table of contents 1) Key Findings for 2017 3 2) Local Tourism Trends 7 3) Trends in Visits and Spending 12 4) The Domestic Market 19
More informationThe Travel and Tourism Industry in Vermont. A Benchmark Study of the Economic Impact of Visitor Expenditures on the Vermont Economy 2005
The Travel and Tourism Industry in Vermont A Benchmark Study of the Economic Impact of Visitor Expenditures on the Vermont Economy 2005 INTRODUCTION GENERAL November, 2006 This 2005 update of the original
More informationFort McMurray International Airport
FINAL REPORT Fort McMurray International Airport Economic Impacts Associated with Current Air Services PREPARED FOR Fort McMurray Airport Authority (FMAA) PREPARED BY InterVISTAS Consulting Inc. 29 September
More informationThe Economic Impact of Tourism on Guam. Tourism Satellite Account Calendar Year 2016
The Economic Impact of Tourism on Guam Tourism Satellite Account Calendar Year 2016 Highlights! 2016 was a banner year for tourism on Guam, with visitation to Guam surpassing 1.5 million and visitor spending
More informationThe Economic Contribution of the Qantas Group to Australia
The Economic Contribution of the Qantas Group to Australia Deloitte Access Economics November 2015 Introduction Deloitte Access Economics was engaged by the Qantas Group to undertake an economic study
More informationCRUISE ACTIVITY IN BARCELONA. Impact on the Catalan economy and socioeconomic profile of cruise passengers (2014)
CRUISE ACTIVITY IN BARCELONA Impact on the Catalan economy and socioeconomic profile of cruise passengers (2014) 2 CRUISE ACTIVITY IN BARCELONA 2014 Impact on the Catalan economy and socioeconomic profile
More informationThe Economic Impact of Travel in Kansas. Tourism Satellite Account Calendar Year 2013
The Economic Impact of Travel in Kansas Tourism Satellite Account Calendar Year 2013 Who we are Tourism Economics Union of industry expertise and economic disciplines Real world insights based on quantitative
More informationTravel and Tourism in Denmark to 2017
Travel and Tourism in Denmark to 2017 Growing Business Tourism and Promotional Activities by the Danish Tourist Board to Drive Tourism in Denmark Report Code: TT00103MR Publication Date: August 2013 www.timetric.com
More informationThe Economic Impact of Tourism in The Appalachian Region of Ohio. June 2014
The Economic Impact of Tourism in The Appalachian Region of Ohio June 2014 Appalachia Region Tourism Summary Total Tourism Impact Appalachian Region Sales Wages Taxes Employment $4.9 billion $1.2 billion
More informationThe Economic Impact of Tourism in: Dane County & Madison, Wisconsin. April 2017
The Economic Impact of Tourism in: Dane County & Madison, Wisconsin April 2017 Key themes for 2016 Visitor spending continued growing in Dane County, Wisconsin in 2016, growing 5.2% to surpass $1.2 billion.
More informationThe Economic Impact of the 2015 ASICS Los Angeles Marathon. September 2015
The Economic Impact of the 2015 ASICS Los Angeles Marathon September 2015 Introduction and definitions This study measures the economic impact of the 2015 ASICS Los Angeles Marathon held in March 2015.
More informationANNUAL TOURISM REPORTING - DATA SHEETS COUNTRY: The statistical data provided in the tables below shall cover the year 2014 and, if available, 2015.
EUROSTAT EUROSTAT EURO ANNUAL TOURISM REPORTING - DATA SHEETS COUNTRY: The statistical data provided in the tables below shall cover the year 2014 and, if available, 2015. Please note that you are only
More informationThe Economic Impact of Tourism in The Appalachian Region of Ohio. June 2016
The Economic Impact of Tourism in The Appalachian Region of Ohio June 2016 Appalachian Region tourism summary Total Tourism Impact Appalachian Region, Ohio Sales Wages Taxes Employment $5.3 billion $1.3
More informationBenchmarking Travel & Tourism in Australia
Benchmarking Travel & Tourism in Australia How does Travel & Tourism compare to other sectors? Sponsored by: Summary of Findings, November 2013 Outline Introduction... 3 Australia summary..... 8 Data sources
More informationEconomic Impact Analysis. Tourism on Tasmania s King Island
Economic Impact Analysis Tourism on Tasmania s King Island i Economic Impact Analysis Tourism on Tasmania s King Island This project has been conducted by REMPLAN Project Team Matthew Nichol Principal
More informationThe Economic Impact of Tourism on Galveston Island, Texas
The Economic Impact of Tourism on Galveston Island, Texas 2017 Analysis Prepared for: Headline Results Headline results Tourism is an integral part of the Galveston Island economy and continues to be a
More informationEconomic benefits of European airspace modernization
Economic benefits of European airspace modernization Amsterdam, February 2016 Commissioned by IATA Economic benefits of European airspace modernization Guillaume Burghouwt Rogier Lieshout Thijs Boonekamp
More informationBaku, Azerbaijan November th, 2011
Baku, Azerbaijan November 22-25 th, 2011 Overview of the presentation: Structure of the IRTS 2008 Main concepts IRTS 2008: brief presentation of contents of chapters 1-9 Summarizing 2 1 Chapter 1 and Chapter
More informationNetherlands. Tourism in the economy. Tourism governance and funding
Netherlands Tourism in the economy The importance of domestic and inbound tourism for the Dutch economy is increasing, with tourism growth exceeding the growth of the total economy in the last five years.
More informationACI-NA/World Conference & Exhibition. PPPs: Will it work for your Airport?
ACI-NA/World Conference & Exhibition PPPs: Will it work for your Airport? Dr. Yiannis Paraschis CEO Athens International Airport & Chairman ACI World September 12 th 2012 Forms & level of privatisation
More informationEconomic Impact of Tourism. Norfolk
Economic Impact of Tourism Norfolk - 2009 Produced by: East of England Tourism Dettingen House Dettingen Way, Bury St Edmunds Suffolk IP33 3TU Tel. 01284 727480 Contextual analysis Regional Economic Trends
More informationMexico. How does Travel & Tourism compare to other sectors? GDP. Size. Share. Mexico GDP Impact by Industry. Mexico GDP Impact by Industry
Mexico Chapultepec Castle in Mexico City Agriculture Automotive Manufacturing Banking Chemicals Manufacturing Communications Education Financial Services Mining Other Service Exports Retail (without wholesale)
More informationUnited Kingdom. How does Travel & Tourism compare to other sectors? GDP. Size. Share. UK GDP Impact by Industry. UK GDP Impact by Industry
United Kingdom Stonehenge in Wiltshire Agriculture Automotive Banking Chemicals Communications Education Financial Mining Other Service Manufacturing Manufacturing Services Exports Retail (without wholesale)
More informationBenchmarking Travel & Tourism in United Arab Emirates
Benchmarking Travel & Tourism in United Arab Emirates How does Travel & Tourism compare to other sectors? Summary of Findings, November 2013 Sponsored by: Outline Introduction... 3 UAE summary...... 8
More informationBenchmarking Travel & Tourism in Colombia
Benchmarking Travel & Tourism in Colombia How does Travel & Tourism compare to other sectors? Summary of Findings, November 2013 Sponsored by: Outline Introduction... 3 Colombia summary..... 8 Data sources
More information5th NAMIBIA TOURISM SATELLITE ACCOUNT. Edition
5th NAMIBIA TOURISM SATELLITE ACCOUNT Edition PREFACE I am pleased to present to you the 5 th edition of the Tourism Satellite Account (TSA). TSA is an accounting framework and economic statistical tool
More informationCanadian Tourism Satellite Account Demystified
Canadian Tourism Satellite Account Demystified Charles Morissette R & D Projects and Analysis Section Income and Expenditure Division Presentation for TTRA Conference October, 2010 Outline The economic
More informationBenchmarking Travel & Tourism in Russia
Benchmarking Travel & Tourism in Russia How does Travel & Tourism compare to other sectors? Sponsored by: Summary of Findings, November 2013 Outline Introduction... 3 Russia summary..... 8 Data sources
More informationBrussels Airport Airline Issues & Route Development Breakout session 18 June
Brussels Airport Airline Issues & Route Development Breakout session 18 June Léon Verhallen, Head of Aviation Marketing Geert Van Dessel, manager Aviation Marketing Brussels Airport: The Heart of Europe
More informationProduced by: Destination Research Sergi Jarques, Director
Produced by: Destination Research Sergi Jarques, Director Economic Impact of Tourism Oxfordshire - 2016 Economic Impact of Tourism Headline Figures Oxfordshire - 2016 number of trips (day & staying) 27,592,106
More informationProduced by: Destination Research Sergi Jarques, Director
Produced by: Destination Research Sergi Jarques, Director Economic Impact of Tourism North Norfolk District - 2016 Contents Page Summary Results 2 Contextual analysis 4 Volume of Tourism 7 Staying Visitors
More informationProduced by: Destination Research Sergi Jarques, Director
Produced by: Destination Research Sergi Jarques, Director Economic Impact of Tourism Norfolk - 2016 Contents Page Summary Results 2 Contextual analysis 4 Volume of Tourism 7 Staying Visitors - Accommodation
More informationEconomic Impact: Business Aviation Operations & Business Aircraft Manufacturing in Canada Annual CBAA Conference
Economic Impact: Business Aviation Operations & Business Aircraft Manufacturing in Canada 2016 Annual CBAA Conference Transportation of service and specialist employees and cargo, NOT merely executives,
More informationEstonia. Tourism in the economy. Tourism governance and funding
Estonia Tourism in the economy Tourism contributes directly around 4.6% of Estonia s GDP, rising to 6.6% if indirect impacts are also included. Export revenues from tourism amount to approximately EUR
More informationSweden. Tourism in the economy. Tourism governance and funding
Sweden Tourism in the economy In 2014 Sweden s GDP was SEK 3 907 billion. Tourism s share of GDP is 2.8%, and has been growing steadily for the last ten years and is an important contributor to the economy
More informationDublin Airport Economic Impact Study
Dublin Airport Economic Impact Study Final Report April 2017 Prepared by InterVISTAS Consulting on behalf of daa ii Contents Executive Summary 3 1. Defining Economic Impact 5 1.1 Categories of Economic
More informationEconomic Benefits from Air Transport in the Pacific Ocean Islands
Economic Benefits from Air Transport in the Pacific Ocean Islands Acknowledgements Oxford Economics gratefully acknowledge the help that we received from the International Air Transport Association (IATA)
More informationIsrael. Tourism in the economy. Tourism governance and funding
Israel Tourism in the economy Tourism accounts directly for 2.8% of Israel s GDP and about 3.5% of total employment. The combined total of direct and indirect tourism jobs is estimated at 230 000, representing
More informationKorea. Tourism in the economy. Tourism governance and funding
Korea Tourism in the economy In 2014 the number of international visitors to Korea stood at a record 14.2 million, an increase of 16.6% compared with 12.2 million in 2013. As inbound tourism has increased,
More informationInvestigating International Business Events Delegate Spending Patterns in Malaysia
Investigating International Business Events Delegate Spending Patterns in Malaysia 1 Introduction To investigate international business events delegate spending patterns in Malaysia To determine the economic
More informationFrom: OECD Tourism Trends and Policies Access the complete publication at: Japan
From: OECD Tourism Trends and Policies 2014 Access the complete publication at: http://dx.doi.org/10.1787/tour-2014-en Japan Please cite this chapter as: OECD (2014), Japan, in OECD Tourism Trends and
More informationEconomic impact of investments in new motorways infrastructure
XV. EUROPEAN TRANSPORT CONGRESS X. Budapest International Road Congress 8-9th June 2017 - Budapest Economic impact of investments in new motorways infrastructure Dr. Dimitrios J. DIMITRIOU Planning, Management
More informationFormer Yugoslav Republic of Macedonia (FYROM)
Former Yugoslav Republic of Macedonia (FYROM) Tourism in the economy Tourism directly contributed MKD 6.4 billion or 1.3% of GDP in 2013, and accounted for 3.3% of total employment. Estimates for 2014
More informationProduced by: Destination Research Sergi Jarques, Director
Produced by: Destination Research Sergi Jarques, Director Economic Impact of Tourism Norfolk - 2017 Contents Page Summary Results 2 Contextual analysis 4 Volume of Tourism 7 Staying Visitors - Accommodation
More informationREPORT ON THE ECONOMIC IMPACT OF TOURISM. Raleigh, North Carolina
2016 REPORT ON THE ECONOMIC IMPACT OF TOURISM Raleigh, North Carolina Table of Contents 2 OVERVIEW 3 HEADLINE RESULTS 5 KEY TRENDS 8 VISITORS & SPENDING Visitor details in 2016 Composition of tourism spending
More informationBP s impact on the economy in. A report by Oxford Economics December 2017
BP s impact on the economy in A report by Oxford Economics December 2017 98 million Gross value added contribution supported by BP in Greece 74 BP supported BP s activity supported 1,400 169,000 0.06%
More informationEconomic Impact of Tourism. Cambridgeshire 2010 Results
Economic Impact of Tourism Cambridgeshire 2010 Results Produced by: Tourism South East Research Department 40 Chamberlayne Road, Eastleigh, Hampshire, SO50 5JH sjarques@tourismse.com http://www.tourismsoutheast.com
More informationStatus of Compilation of Tourism Satellite Accounts for India
Status of Compilation of Tourism Satellite Accounts for India S V Ramana Murthy Deputy Director General Ministry of Statistics & Programme Implementation Email: svr.murthy@nic.in What are Satellite Accounts?
More informationProduced by: Destination Research Sergi Jarques, Director
Produced by: Destination Research Sergi Jarques, Director Economic Impact of Tourism Oxfordshire - 2015 Economic Impact of Tourism Headline Figures Oxfordshire - 2015 Total number of trips (day & staying)
More informationEconomic Impact of Kalamazoo-Battle Creek International Airport
Reports Upjohn Research home page 2008 Economic Impact of Kalamazoo-Battle Creek International Airport George A. Erickcek W.E. Upjohn Institute, erickcek@upjohn.org Brad R. Watts W.E. Upjohn Institute
More informationEstimates of the Economic Importance of Tourism
Estimates of the Economic Importance of Tourism 2008-2013 Coverage: UK Date: 03 December 2014 Geographical Area: UK Theme: People and Places Theme: Economy Theme: Travel and Transport Key Points This article
More informationMesse Frankfurt events generate annual revenues of 3.6 billion euros
2 2018 January 2018 SPECIAL ISSUE Messe Frankfurt events generate annual revenues of 3.6 billion euros Horst Penzkofer Horst Penzkofer Messe Frankfurt events generate annual revenues of 3.6 billion On
More informationby Dr. Valia Kasimati Bank of Greece
by Dr. Valia Kasimati Bank of Greece ATINER s Public Lectures Series : Foreign Direct Investment Aim of the research A brief picture of the Greek Tourist Sector - General characteristics - Arrivals of
More informationTravel and Tourism in Canada to 2017
Travel and Tourism in Canada to 2017 Improving Economic Conditions and Government Efforts to Promote Tourism Will Support Growth Report Code: TT0106MR Publication Date: September 2013 www.timetric.com
More informationThe economic impact of Alitalia in Italy THE ECONOMIC IMPACT OF ALITALIA IN ITALY
THE ECONOMIC IMPACT OF ALITALIA IN ITALY JUNE 216 Oxford Economics Oxford Economics was founded in 1981 as a commercial venture with Oxford University s business college to provide economic forecasting
More informationEstimation of Tourism Employment through Tourism Satellite Account Indian Experience
Estimation of Tourism Employment through Tourism Satellite Account Indian Experience Dr. R. N. Pandey Additional Director General Ministry of Tourism Govt. of India E-Mail: rajnath56.pandey@gmail.com Importance
More informationCase Study Economic Impacts of Maudie. Prepared for the Canadian Media Producers Association with financial support from Telefilm Canada
Case Study Economic Impacts of Maudie Prepared for the Canadian Media Producers Association with financial support from Telefilm Canada March 2018 TABLE OF CONTENTS 1. Summary... 2 2. About Maudie... 2
More informationThe Economic Impacts of the Open Skies Initiative: Past and Future
The Economic Impacts of the Open Skies Initiative Past and Future strategic transportation & tourism solutions The Economic Impacts of the Open Skies Initiative: Past and Future Prepared for Aéroports
More informationThe economic importance of UK outbound tourism to the EU27 economies
The economic importance of UK outbound tourism to the EU27 economies A report for ABTA The Travel Association September 2017 2 Disclaimer Whilst every effort has been made to ensure the accuracy of the
More informationThe Economic Impact of Tourism on Galveston Island, Texas Analysis
The Economic Impact of Tourism on Galveston Island, Texas 2012 Analysis Headline Results Headline results Tourism is a significant contributor to business sales, employment, and taxes on Galveston Island.
More informationProduced by: Destination Research Sergi Jarques, Director
Produced by: Destination Research Sergi Jarques, Director Economic Impact of Tourism Epping Forest - 2014 Economic Impact of Tourism Headline Figures Epping Forest - 2014 Total number of trips (day & staying)
More informationEconomic Benefits from Air Transport in the Indian Ocean Islands
n Economic Benefits from Air Transport in the Indian Ocean Islands Acknowledgements Oxford Economics gratefully acknowledge the help that we received from the International Air Transport Association (IATA)
More informationESTIMATION OF ECONOMIC IMPACTS FOR AIRPORTS IN HAWTHORNE, EUREKA, AND ELY, NEVADA
TECHNICAL REPORT UCED 97/98-14 ESTIMATION OF ECONOMIC IMPACTS FOR AIRPORTS IN HAWTHORNE, EUREKA, AND ELY, NEVADA UNIVERSITY OF NEVADA, RENO ESTIMATION OF ECONOMIC IMPACTS FOR AIRPORTS IN HAWTHORNE, EUREKA
More informationTSA governance at national level
Mr. Peter Laimer Directorate Spatial Statistics UNWTO/DG GROW TSA-Workshop Agenda Item 6 TSA governance at national level Austrian experiences Brussels, 29/30 November 2017 www.statistik.at We provide
More informationEconomic benefits of European airspace modernization
Economic benefits of European airspace modernization Amsterdam, February 2016 Commissioned by IATA Economic benefits of European airspace modernization Guillaume Burghouwt Rogier Lieshout Thijs Boonekamp
More informationThe Economic Impact of Tourism Brighton & Hove Prepared by: Tourism South East Research Unit 40 Chamberlayne Road Eastleigh Hampshire SO50 5JH
The Economic Impact of Tourism Brighton & Hove 2013 Prepared by: Tourism South East Research Unit 40 Chamberlayne Road Eastleigh Hampshire SO50 5JH CONTENTS 1. Summary of Results 1 1.1 Introduction 1 1.2
More informationAIRPORT: Seattle-Tacoma International (SEA) ASSOCIATED CITY: Seattle ARC: D-V Region: Central Puget Sound
AIRPORT: Seattle-Tacoma International (SEA) ASSOCIATED CITY: Seattle ARC: D-V Region: Central Puget Sound AIRPORT DATA AND FACILITIES (Sea-Tac) is located in King County, 10 miles south of downtown Seattle,
More informationTourism Satellite Account Calendar Year Prepared for :
The Economic Impact of Tourism in North Dakota Tourism Satellite Account Calendar Year 2015 Prepared for : Overview 2015 at a glance Visitor Spending Visitor spending of $3.1 billion generated $5.0 billion
More informationTourism Satellite Account Calendar Year 2016
Tourism Satellite Account Calendar Year 2016 Key Definitions 1. Tourism/Tourist: Refers to the leisure travel/traveler segment. 2. Travel/Traveler: Includes both leisure and business travel/travelers.
More informationthe research solution
the research solution FOREST OF DEAN DMO TOURISM ECONOMIC IMPACT ASSESSMENT 2006 FOREST OF DEAN DMO AREA TOURISM ECONOMIC IMPACT ASSESSMENT 2006 FINAL REPORT October 2007 Prepared by The Research Solution
More informationThe Economic Impact of Tourism Brighton & Hove Prepared by: Tourism South East Research Unit 40 Chamberlayne Road Eastleigh Hampshire SO50 5JH
The Economic Impact of Tourism Brighton & Hove 2014 Prepared by: Tourism South East Research Unit 40 Chamberlayne Road Eastleigh Hampshire SO50 5JH CONTENTS 1. Summary of Results 1 1.1 Introduction 1 1.2
More informationAustralian Casino Association ECONOMIC REPORT. Prepared for. Australian Casino Association. June Finance and Economics
Australian Casino Association ECONOMIC REPORT Prepared for Australian Casino Association June 2004 Finance and Economics Contents Executive Summary--------------------------------------------------------------------------------------------
More informationAIRPORT: Yakima Air Terminal (YKM) ASSOCIATED CITY: Yakima ARC: C-III Region: South Central
AIRPORT: Yakima Air Terminal (YKM) ASSOCIATED CITY: Yakima ARC: C-III Region: South Central AIRPORT DATA AND FACILITIES is located in Yakima County, three miles south of the City. The Airport has 115 based
More informationIreland. Tourism in the economy. Tourism governance and funding
Ireland Tourism in the economy Tourism is one of Ireland s most important economic sectors and has significant potential to play a further role in Ireland s economic renewal. In 2014, spending by visitors
More information