Tourism Satellite Accounts TSA Progress Report Barbados Presented

Tourism Satellite Accounts (TSA) Progress Report (Barbados) Presented by: Todne Woods

Background Moving from an Adapted SNA 68’ to SNA 93’ – Tourism Industry was published from 1974 – 2009 – Accommodations & Restaurants Industry Historical Revision (1990 – Present)

Background • The Caribbean Tourism Organisation – Facilitator • Barbados Statistical Service – Technical staff • Ministry of Tourism / Barbados Tourism Authority • Consultants – Maureen Blokland Annette Mc. Kenzie – Valuable expertise • Funding from the Inter-American Development Bank

Measuring Tourism after adopting SNA ‘ 93 • Tourism sector not measured • Accommodation & Restaurant industry contributed approx. 13% to the 2012 GDP(Basic prices) • Tourism related businesses are major employers. • Policy and marketing decisions

Preliminary TSA Tables • Table 1 – Inbound Tourism Expenditure by products and classes of visitors • Table 5 – Production accounts of tourism industries and other industries • Table 6 – Total domestic supply and internal tourism • Table 7 – Employment in the tourism industry • Table 10 d – Number of establishments in tourism industries classified according to average number of jobs

Tourism Satellite Accounts – Table 1 Inbound Tourism Expenditure by products and classes of visitors • Caribbean Tourism Organisation (CTO) Exit Survey • Time periods – 2000, 2010 and 2011 • Future plans: • Reconciling the 2000 SUT with the CTO expenditure data • Cultural activities • SUT will be used

Tourism Satellite Accounts – Table 5 Production accounts of tourism industries and other industries • The Supply and Use Table (SUT) • USE table (Purchasers’ price) • SUPPLY table (Basic price) • Converting USE table to Basic price. Accomplished: • Reviewed Distribution margins • The Value Added Tax component • Reviewed the Transportation industry • Import and Domestic export components • Production tax component

Tourism Satellite Accounts – Table 5 Production accounts of tourism industries and other industries • Future Plans: • Travel agencies • Cultural Industries • Retail Trade (Tourism share) • Festivals – Crop-over etc. • Sports & Recreational activities • Make the SUT more TSA compatible

Tourism Satellite Accounts – Table 6 Total domestic supply and internal tourism • Basic prices and Purchasers’prices • Tourism Share • Inquiries on tourism share was determined • Tour Operators and Car rentals

Tourism Satellite Accounts – Table 6 Total domestic supply and internal tourism • Future Plans • Cultural Industry • Retail Trade (Tourism share) • Tourism shares

Tourism Satellite Accounts – Table 7 Employment in the tourism industry • The Labour Force Survey 2010 & 2011 • Employed • Self-employed • National Insurance Scheme - 2000 employment data • Changes in the classification for 2000 compared to 2010 • Methodology • Growth rate of the NIS applied to the 2010 LFS

Tourism Satellite Accounts – Table 7 Employment in the tourism industry • Future plan • Separate those employed who cater to locals vis-à-vis visitor component

Tourism Satellite Accounts – Table 10 d Number of establishments in tourism industries classified according to average number of jobs • National Insurance Scheme (NIS) • Number of persons by industry • Number of establishments

Way Forward • Revise the 2000 TSA tables • Developing a 2010 SUT • Generate 2010 TSA tables • Develop additional TSA tables • Regularly produce TSA table in accordance to available SUTs • Improved Non-monetary statistics (Tables 10) • Further collaboration with other Tourism agencies. • Domestic tourism • Outbound Tourism

Way Forward • Continued collaboration with other the Interinstitutional Technical Group (TSA). • Sensitisation of the Private stakeholders • Continued assistance from CTO, IDB, Ministry of Tourism, BTA, Maureen and Annette

Thank You!