Glossary of tourism terms


Travel item (in balance of payments)



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Glossary of tourism terms

Travel item (in balance of payments): Travel is an item of the goods and services account of the balance of payments: travel credits cover goods and services for own use or to give away acquired from an economy by non-residents during visits to that economy. Travel debits cover goods and services for own use or to give away acquired from other economies by residents during visits to other economies (BPM6, 10.86).
Travel party: A travel party is defined as visitors travelling together on a trip and whose expenditures are pooled (IRTS 2008, 3.2).
Trip: A trip refers to the travel by a person from the time of departure from his/her usual residence until he/she returns: it thus refers to a round trip. Trips taken by visitors are tourism trips.
Usual environment: The usual environment of an individual, a key concept in tourism, is defined as the geographical area (though not necessarily a contiguous one) within which an individual conducts his/her regular life routines (IRTS 2008, 2.21).
Usual residence: The place of usual residence is the geographical place where the enumerated person usually resides (Principles and recommendations for population and housing censuses of the United Nations, 2.16 to 2.18).
Vacation home: A vacation home (sometimes also designated as a holiday home) is a secondary dwelling that is visited by the members of the household mostly for purposes of recreation, vacation or any other form of leisure (IRTS 2008, 2.27).
Valuables: Valuables are produced goods of considerable value that are not used primarily for purposes of production or consumption but are held as stores of value over time (SNA 2008, 10.13).
Visit: A trip is made up of visits to different places.The term “tourism visit” refers to a stay in a place visited during a tourism trip (IRTS 2008, 2.7 and 2.33).
Visitor: A visitor is a traveller taking a trip to a main destination outside his/her usual environment, for less than a year, for any main purpose (business, leisure or other personal purpose) other than tobe employed by a resident entity in the country or place visited (IRTS 2008, 2.9). A visitor (domestic, inbound or outbound) is classified as a tourist (or overnight visitor), if his/her trip includes an overnight stay, or as a same-day visitor (or excursionist) otherwise (IRTS 2008, 2.13).
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