Published on : Tuesday, April 11, 2017
As per the latest global tourism competitiveness ranking released by the World Economic Forum (WEF), Greece has risen seven spots to reach the 24th position. According to the WEF report 2017, Spain, France and Germany continue to bag the top spots in the rankings.
However, Asia steals the show with greatest rise in tourism-friendliness. Besides ranking, the WEF report also shows how the tourism industry is a driving force for good in an otherwise largely stagnant global economy. The global travel and tourism sector accounts for 10% of global GDP, grows faster than other sectors and provides one in 10 jobs.
This growth is supported by increasing accessibility and affordability of travel despite several environmental and security threats. Spain, France and Germany continue to secure their top spots in the ranking, due to their first-rate natural and cultural resources, exceptional infrastructure and hospitality services. Other countries in the list include the UK, the US, Australia, Italy, Canada, Switzerland and Japan.
Besides these advanced economies, many countries made it to the list as emerging markets, like Hong Kong, China, Republic of Korea, Malaysia and India. According to Tiffany Misrahi, Community Lead of the Aviation, Travel and Tourism Industries, World Economic Forum, “The rise of Asia’s giants shows that the Asian Tourism Century is becoming a reality. To reach their potential, the majority of countries still have more to do, from enhancing security, promoting their cultural heritage, building their infrastructure and creating stronger visa policies.”
Tags: World Economic Forum