Travel and Tourism Competitiveness Report

Travel and Tourism Competitiveness Report

The "Travel and Tourism Competitiveness Report" was first published in 2007 by the World Economic Forum. [cite web| url = http://www.weforum.org/en/initiatives/gcp/TravelandTourismReport/TravelTourismCompetitivenessReport2007/index.htm| author=Jennifer Blanke and Thea Chiesa, Editors | year = 2007 | title = The Travel & Tourism Competitiveness Report 2007| publisher = World Economic Forum, Geneva, Switzerland|accessdate=2007-12-23] The 2007 report covered 124 major and emerging economies. The 2008 report covers 130 countries. [cite web| url = http://www.weforum.org/en/initiatives/gcp/TravelandTourismReport/index.htm| author=Jennifer Blanke and Thea Chiesa, Editors | year = 2008 | title = Travel & Tourism Competitiveness Report 2008 | publisher = World Economic Forum, Geneva, Switzerland|accessdate=2008-03-06] The index is a measurement of the factors that make it attractive to develop business in the travel and tourism industry of individual countries, rather than a measure of a country attractiveness as a tourist destination. The report ranks selected nations according to the Travel and Tourism Competitiveness Index (TTCI), which scores from 1 to 6 the performance of a given country in each specific subindex. The overall index is made of three main subindexes: (1) regulatory framework; (2) business environment and infrastructure; and (3) human, cultural, and natural resources. The Report also includes a specific Country Profile for each of the nations evaluated, with each of the scores received to estimate its TTCI, and complementary information regarding key economic indicators from the World Bank, and country indicators from the World Travel and Tourism Council.

Variables

For the 2008 index, each of the three main subindexes is made of the scoring of the following 14 variables, called pillars in the TTC Report. Several changes were introduced in the 2008 TTCI in the definition of the variables as compared to the definitions of the 2007 TTCI. First, the “environmental regulation” pillar was improved with help from the IUCN and the UNWTO, and for the 2008 index was re-named the “environmental sustainability” pillar to “"better reflect its components and to capture the increasingly recognized importance of sustainability in the sector’s development".” [ Ibid, Executive Summary, pp. xiv] Second, the original pillar “natural and cultural resources” was divided into two separate subcomponents: “natural resources” and “cultural resources”, thus, allowing to differentiate those countries which do not necessarily have the same strengths or weaknesses in these two different resources. In general, the model was improved with better data and new concepts were introduced.

2008 Ranking by Regions

Top 20 Countries

  1. SUI 5.63
  2. AUT 5.43
  3. GER 5.41
  4. AUS 5.34
  5. ESP 5.30
  6. UK 5.28
  7. USA 5.28
  8. SWE 5.27
  9. CAN 5.26
  10. FRA 5.23

  1. ISL 5.16
  2. FIN 5.11
  3. DEN 5.10
  4. HKG 5.09
  5. POR 5.09
  6. SIN 5.06
  7. NOR 5.05
  8. NED 5.01
  9. NZL 4.96
  10. LUX 4.95

2008 Top 10 Ranking by Continent

The number in parenthesis in the continent ranking corresponds to the position in the world's ranking for the overall index.

Top 10 Africa

  1. 4.41 (39)
  2. 4.38 (41)
  3. 4.11 (60)
  4. 3.96 (66)
  5. 3.91 (67)
  6. 3.67 (84)
  7. 3.65 (87)
  8. 3.65 (88)
  9. 3.59 (93)
  10. 3.53 (101)

Top 10 Americas

  1. USA 5.28 (7)
  2. CAN 5.26 (9)
  3. 4.77 (29)
  4. 4.35 (44)
  5. 4.34 (46)
  6. 4.29 (49)
  7. 4.29 (50)
  8. 4.27 (51)
  9. 4.18 (55)
  10. 4.18 (57)

Top 10 Asia

  1. HKG 5.09 (14)
  2. SIN 5.06 (16)
  3. JPN 4.90 (23)
  4. 4.68 (31)
  5. 4.63 (32)
  6. 4.51 (35)
  7. 4.44 (37)
  8. 4.39 (40)
  9. 4.37 (42)
  10. 4.29 (48)

Top 10 Europe

  1. SUI 5.63 (1)
  2. AUT 5.43 (2)
  3. GER 5.41 (3)
  4. ESP 5.30 (5)
  5. UK 5.28 (6)
  6. SWE 5.27 (8)
  7. FRA 5.23 (10)
  8. ISL 5.16 (11)
  9. FIN 5.11 (12)
  10. DEN 5.10 (13)

Top 2 Oceania

  1. AUS 5.34 (4)
  2. NZL 4.96 (19)

References


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