Input of Congress-Exhibition Services to the Economy of a Destination: Development of Assessment Methodology

• Main Authors: A. N. Petrov, L. V. Khoreva, E. G. Karpova, Ya. V. Shokola
• Format: Article
• Language: English
• Published: North-West institute of management of the Russian Presidential Academy of National Economy and Public Administration 2019-02-01
• Series: Управленческое консультирование
• Subjects: business tourism; congress-exhibition services; multiplicative effect in tourism; evaluation of tourism contribution to the economy
• Online Access: https://www.acjournal.ru/jour/article/view/996
• ISSN: 1726-1139; 1816-8590

Quantitative indicators of tourism development are presented: direct and common input of tourism to the global GDP, influence of the touristic sphere on employment and investment activity in 2015–2017. General approaches of tourism contribution evaluation to the destination’s economy are systematized. They are analyzed in the context of applicability in the meetings industry. In order to develop methodological system of evaluation of the congress-exhibition contribution to the destination development, set of indicators is proposed. It includes four basic groups with certain valuation factors: group of economical and social factors, group of connected with destination promotion to the national and world markets, group of business-factors, and group of research intensity factors of a destination’s industry sectors.