More than 700 events · 14m room nights · US$12bn GVA · 49 countries · 180 cities · in the past 12 months

A tenth of the world's output and employment depends on the visitor economy

Public money for events, venues, and campaigns turns a budget line into jobs and tax. Living Lab shows what each pound or dollar returned, and what the next one will, on the same numbers.

In the last 12 months our OECD and UN SDG aligned model has been deployed at more than 700 events, 49 nations and 180 cities. They delivered 14 million room nights and over US$12bn in gross value added

What a treasury, audit office, or spending review gets

One model of every public intervention in the visitor economy and everything around it: the events subsidised, the venues built, the campaigns funded, the routes incentivised, set against the calendar, the hotel market, and the origin markets they act on. Signal137 attributes what each intervention returned in GVA, tax, and jobs, net of what would have happened anyway. Demand137 shows what the next allocation would return before it is committed. The methodology is OECD-aligned.

What a specific public intervention returned: tax generated, jobs supported, GVA added, and retained revenue, net of displacement and against a stated counterfactual. The fiscal return per unit of public money, by intervention and by year. Which interventions earned their support and which were carried by the rest of the programme. Every line marked observed, derived, or inferred, so the audit office can follow it.

What the next allocation would return, on the same model that measured the last. Alternatives compared on one number: a subsidy, a venue, a campaign, a route incentive. The access ceiling in the region, so public money builds only the demand the routes and rooms can carry. The cost of not funding priced alongside the cost of funding. A refusal, with the reason, when the data cannot support the answer.

ProductYour questionYou getWhat it changes
Demand137Whether to fund a subsidy, a hosting bid, or a destination programmePublic cost and modelled fiscal return in one comparable model, with a stated counterfactualA funding position that names its own assumptions
Demand137How to choose between competing bids for the same moneyFiscal return per pound committed, on a common basis across programme typesThe committee backs the bid with the strongest defensible return
Demand137What happens if we spend nothing?The no-new-spend case as the reference the other options are measured againstThe counterfactual is the first row of the table
Demand137Does the fiscal case clear the cost on its own?Fiscal return stated separately from wider outcomesWhere it does not, the committee weighs wider value explicitly
Signal137What did the programme we funded actually return?Tax, retained spend, and avoided cost, attributed and net of displacementThe ex-post result on the same method as the ex-ante case
Signal137How much weight should wider public outcomes carry?Employment reach, community access, and regeneration effect reported beside the fiscal figures, not blended into themWider public benefit counted as the evidence supports
Signal137Is this cost-benefit analysis with a new name?No. Each figure carries its own counterfactualThe committee weighs both figures
Signal137Can the model show an intervention was not worth funding?Yes, and it sometimes doesThe negative results are what make the positive ones credible
BothDoes this replace our appraisal process?No. It produces the counterfactual, assumption set, and uncertainty range that process already requiresThe evidence drops into the existing framework
BothWho holds this, and where?Model, data, and a trained team inside your jurisdictionThe capability survives the change of official or consultant

Five questions this answers

What fiscal return did the public funding earn, and how do we make the next allocation earn more?

Tax revenue, retained spend, and employment generated by the intervention, set against its cost.

Which interventions return the most per pound of public money, and how do we scale them?

Route incentives, event subsidies, marketing programmes, and infrastructure investments ranked by fiscal return per unit of public spend.

The spending review is tightening. Which programmes earn their protection?

Each programme’s fiscal return stated independently. Living Lab identifies the programmes that generate more tax than they cost before any cut is made.

How do we report the visitor economy’s GVA so the national accounts team adopts it?

OECD-aligned methodology, displacement accounted for, multiplier assumptions documented. The number is stated at the standard the statistics office requires.

How does tourism spending compare with other public expenditure, so the sector wins its share?

GVA and fiscal return per pound of public spend, on one method. The visitor economy’s return placed alongside transport, education, and health spending in terms the treasury already uses.

Calendar optimisation example

USE CASES

La Sagra

Advancing the Tourism Industry

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