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Conceptualization and operation of the Tourism Satellite Accounts System in Bhutan
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Conceptualization and operation of the Tourism Satellite Accounts System in Bhutan

S. Teoh
Report for the Government of Bhutan, Murdoch University. School of Arts
2012
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Abstract

Tourism is primarily a business enterprise that contributes to the economy of most nations. However, much of tourism’s economic contributions have been underestimated, because direct tourism revenues are often hidden amongst other supporting industries. The Tourism Satellite Accounts (TSA) System allows the capture of such tourism receipts. The aim of this report is to examine and identify the essential income receipts required to capture Bhutan’s tourism contributions to the economy. The report provides some insights into the challenges in tracing and capturing tourism receipts, since there is a lack of baseline information. The objective is to provide some inputs to the conceptualization and operation of TSA in Bhutan. The methods involved a review of the literature, an understanding of Bhutan’s tourism system and discussions with a tourism officer at the Tourism Council of Bhutan (TCB). A limitation of this report is that the perspectives presented are non-­‐numerical. The outcome of the report will help assist in future policy planning for both the government and the public sectors. Furthermore, a recommendation is made for resource allocation required to establish the implementation of TSA for the national interest.

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