Travel & Tourism Competitiveness Index
Posted on : 07 Jan 2020
Views: 2641- Spain held on to the top spot in the World Economic Forum's (WEF) latest Travel and Tourism Competitiveness Report (TTCR), which ranked 140 countries on their relative strengths in global tourism and travel.
- India has moved up six places to rank 34th on world travel and tourism competitiveness index, driven by rich natural and cultural resources and strong price competitiveness, a WEF report.
- India's ranking improved from 40th to 34th, the greatest improvement over 2017 among the top 25 per cent of all countries ranked in the report.
- India, which accounts for the majority of South Asia's T&T (travel and tourism) GDP, remains the sub-region's most competitive T&T economy.
- As per the report, China, Mexico, Malaysia, Thailand, Brazil and India -- which are not high-income economies but rank in the top 35 in the overall list -- stand out in the Cultural Resources and Business Travel Pillar through their combination of rich natural and cultural resources and strong price competitiveness.
Article Related Questions
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Travel & Tourism Competitiveness Index is released by which of the following organization?
1.World Bank
2.World Economic Forum
3.World Tourism Organization
4.World Travel and Tourism Council
Right Ans : World Economic Forum
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