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Tourism Satellite Account (TSA)

A Tourism Satellite Account (TSA) is a framework used to measure the economic impact of tourism on a country or region. It provides detailed statistics on how much money tourists spend, the jobs created, and the contribution of tourism to the overall economy. TSAs help governments and businesses understand the importance of tourism, enabling them to make informed decisions on policies, investments, and marketing strategies. Essentially, a TSA gives a clearer picture of how tourism influences economic growth and development.