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Mahesh

26/05/22 21:48 PM IST

WEF’s Travel and Tourism Competitiveness Index 2021

In News 
  • The World Economic Forum’s (WEF) ranked India 54th position (down from 46th in 2019) with a score of 4.1 in its Travel and Tourism Development Index 2021, but still, India remains the top performer in South Asia.
Findings of the report
  •  Japan has topped (1) the global chart and the bottom position (117) is occupied by the country Chad.
  • The report found that while overall international tourism and business travel is still below pre-pandemic levels, the sector recovery has been bolstered by greater vaccination rates, return to more open travel, and growing demand for domestic and nature-based tourism.
  • In this year's travel index, other than the US, the top-10 scoring economies are high-income economies in Europe or Asia-Pacific. After top-ranking Japan, regional economies Australia and Singapore come in seventh and ninth, respectively.
  • Vietnam experienced the greatest improvement in score (from 60th to 52nd) on the overall index, while Indonesia (44th to 32nd) and Saudi Arabia (43rd to 33rd) had the greatest improvement in rank.
  • Europe is the only region to have decreased its average score since 2019, slightly eroding its considerable lead. Sub-Saharan Africa had the greatest improvement in performance, but far more needs to be done for economies in the region.
About the WEF’s Travel and Tourism Development Index 2021
  • The WEF’s Travel and Tourism Development Index 2021 is a direct evolution of the Travel & Tourism Competitiveness Index, which has been published biennially for the past 15 years. The Index assesses 117 economies, based on 5 subindexes, 17 pillars and 112 individual indicators, distributed among the different pillars.

The five Sub indexes:

  • Enabling Environment
  • Travel and Tourism Policy and Enabling Conditions
  • Infrastructure
  • Travel and Tourism Demand Drivers
  • Travel and Tourism Sustainability
Source- Business Standard 

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