This statistic shows the annual direct tourism gross value added of accommodation services for visitors in the United Kingdom (UK) from 2008 to 2017. TDGVA measures the gross value added directly by tourism to the UK economy. Accommodation services contributed an estimated gross value added of 9.7 billion British pounds through internal tourism in 2017. The total gross value added of the accommodation industry to the UK non-financial business economy overall reached over 16 billion British pounds in 2017.
Annual tourism direct gross value added (GVA) of accommodation services for visitors in the United Kingdom (UK) from 2008 to 2017*
(in billion GBP)
Characteristic
GVA in billion GBP
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* Figures are based on current prices (aka nominal, cash or value, meaning the data are expressed in terms of the prices of the time period being estimated) and not adjusted for inflation. Caution is therefore advised when comparing with previous years.
** Due to changes in the methodology as part of the TSA 2016, the source advises caution when comparing 2015-2016 figures with previous data.
*** Nowcast estimate. The source adds the following information: "Nowcasted estimates are estimates that are not based on a full UK-TSA and are subject to revision when a UK-TSA 2017 is produced."
Date prior to 2015 is taken from earlier UK-TSA reports published by the source.
The source defines tourism direct GVA as follows: "Tourism direct gross value added (TDGVA) indicates the component of output from the set of UK tourism industries that is driven directly by tourism spend. It is calculated by reconciling the supply (the output of tourism industries) with the demand (tourist expenditure) side of tourism, so that the proportion of the output of tourism industries that is accounted for by tourism expenditure can be estimated."
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Office for National Statistics (UK). (November 28, 2018). Annual tourism direct gross value added (GVA) of accommodation services for visitors in the United Kingdom (UK) from 2008 to 2017* (in billion GBP) [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/381856/annual-tourism-direct-gva-of-accommodation-services-uk/
Office for National Statistics (UK). "Annual tourism direct gross value added (GVA) of accommodation services for visitors in the United Kingdom (UK) from 2008 to 2017* (in billion GBP)." Chart. November 28, 2018. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/381856/annual-tourism-direct-gva-of-accommodation-services-uk/
Office for National Statistics (UK). (2018). Annual tourism direct gross value added (GVA) of accommodation services for visitors in the United Kingdom (UK) from 2008 to 2017* (in billion GBP). Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/381856/annual-tourism-direct-gva-of-accommodation-services-uk/
Office for National Statistics (UK). "Annual Tourism Direct Gross Value Added (Gva) of Accommodation Services for Visitors in The United Kingdom (Uk) from 2008 to 2017* (in Billion Gbp)." Statista, Statista Inc., 28 Nov 2018, https://www.statista.com/statistics/381856/annual-tourism-direct-gva-of-accommodation-services-uk/
Office for National Statistics (UK), Annual tourism direct gross value added (GVA) of accommodation services for visitors in the United Kingdom (UK) from 2008 to 2017* (in billion GBP) Statista, https://www.statista.com/statistics/381856/annual-tourism-direct-gva-of-accommodation-services-uk/ (last visited August 24, 2024)
Annual tourism direct gross value added (GVA) of accommodation services for visitors in the United Kingdom (UK) from 2008 to 2017* (in billion GBP) [Graph], Office for National Statistics (UK), November 28, 2018. [Online]. Available: https://www.statista.com/statistics/381856/annual-tourism-direct-gva-of-accommodation-services-uk/