The report on travel and tourism stressed the importance of looking beyond the recession

The report on travel and tourism stressed the importance of looking beyond the recession

Andorra, March 7, 2011 - the Switzerland, the Germany and the France benefit from environments most conducive to the development of the travel and tourism sector, says the fourth Travel & Tourism Competitiveness Report (report on competitiveness in the travel and tourism sector), published today by the World Economic Forum on the occasion of the Global Tourism Forum 2011 (GTF) organized in Andorra. The Austria, the Sweden, the United Kingdom, the United States, the Canada, the Spain and Singapore complement the classification of the first ten places.

Published under the title "Beyond the downturn" ("beyond"), the 2011 report expressed cautiously optimistic prospects and presents the many difficulties facing the industry and that it must overcome to ensure solid growth in the future. It is evident to the topics included in the analytical chapters on issues such as the impact of the recent financial and economic crisis on tourism, the importance of the competitiveness of the prices to attract tourists and the major role played by the sector travel and tourism in the emerging green economy.

"Our report measures the many factors that make it interesting the development of the travel and tourism sector in different countries, said Jennifer Blanke, Chief Economist and Director of the World Economic Forum's Centre for Global Competitiveness and Performance. "The countries ranked at the top, namely the Switzerland, the Germany, the France and Austria, show how it is important to have economic and regulatory structures adequate infrastructure of first-rate tourism and transport, as well as natural and human resources preserved in order to promote a favourable environment for the development of the travel and tourism sector.

This international analysis of the factors of competitiveness in the travel and tourism sector provides valuable comparative information when it comes to business decisions; It also brings added value to Governments who wish to improve the existing conditions in travel and tourism.

Index of competitiveness of the sector of travel and tourism (Travel & Tourism Competitiveness Index, TTCI) 2011 and comparisons with 2009

 

source:

weforum.org