The travel and tourism (T&T) industry has been one of fastest-growing sectors globally over the past ten years, and this upward trend is expected to continue in the future. The number of international travelers reached 1 billion in 2012 and has almost doubled over the past 20 years. It is estimated that the T&T sector directly contributes about 9.3 percent of GDP and 3.4 percent of employment worldwide. In addition to its direct economic impact, a strong T&T industry helps to boost productivity and to connect countries by prompting hard and soft infrastructure upgrades, which are...
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April 19, 2013
Under the theme “Reducing Barriers to Economic Growth and Job Creation”, The Travel & Tourism Competitiveness Report 2013 assesses 140 economies worldwide based on the extent to which they are putting in place the factors and policies to make it attractive to develop the travel and tourism sector. Read the full news release for more information.The 2013 Travel & Tourism Competitiveness Index (TTCI) reveals that Switzerland, Germany and Austria lead the world in terms of travel and tourism competitiveness, with Spain, the United Kingdom, the United States, France, Canada, Sweden...
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March 6, 2013
Travel and tourism (T&T) is an increasingly important driver of economic prosperity and social progress. It is estimated that the T&T sector accounts for about 9 percent of GDP and employment worldwide. For ASEAN, the sector has long been considered as critical for the creation of the ASEAN Economic Community. The potential of T&T in the region is indeed enormous. The region is blessed with a wealth of natural and cultural heritage. It possesses a long tradition of tourism, and is strategically located at the heart of Asia. The extraordinary diversity of ASEAN countries further enhances their attractiveness. Yet, despite the many benefits of T&T, numerous obstacles continue to hinder its development. Using a unique methodological framework, The ASEAN Travel & Tourism Competitiveness Report 2012 identifies the obstacles to address and the strengths to leverage for ASEAN to unleash the potential of T&T.
Click here to read the full reportTravel and tourism (T&T) is an increasingly important driver of economic prosperity and social progress. It is estimated that the T&T sector accounts for about 9 percent of GDP and employment worldwide. For ASEAN, the sector has long been considered as critical for the creation of the ASEAN Economic Community. The potential of T&T in the region is indeed enormous. The region is blessed with a wealth of natural and cultural heritage. It possesses a long tradition of tourism, and is strategically located at the heart of Asia. The extraordinary...
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May 25, 2012
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Benchmarking and Competitiveness Library
The Global Competitiveness and Benchmarking Network, with its annual Global Competitiveness Reports, and other topical and regional reports, offers a structured, systematic and comprehensive approach to identifying and measuring the drivers of economic performance of more than 140 economies. The Network’s portfolio of reports provides unique insight and data to inform strategies and constructive discussions among policy-makers, business leaders and civil society, while also providing material for independent academic research.
The Global Competitiveness and Benchmarking Network works with leading academics to ensure that the latest thinking and research on competitiveness are incorporated into its work. It collaborates with its network of more than 160 Partner Institutes to disseminate the findings of its research at national and regional levels.
The Global Competitiveness Report 2012-2013 assesses the competitiveness landscape of 144 economies, providing insight into the drivers of their productivity and prosperity. The Report series remains the most comprehensive assessment of national competitiveness worldwide. Access the data platform to visualize and download the data.This year’s report findings show that Switzerland tops the overall rankings in The Global Competitiveness Report for the fourth consecutive year. Singapore remains in second position with Finland, in third position, overtaking Sweden 4th. These and other...
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September 7, 2011
The Forum hopes this report will support a wider multistakeholder dialogue among industry, government stakeholders and non-governmental communities to build a practical enabling environment that is conducive to catalysing a step change in private and public sector action to decrease aviation CO2 emissions, develop and deploy revolutionary new technologies, and provide sustainable investment choices at scale and speed.
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May 3, 2011
Global transportation and fossil fuels are inextricably linked.
Global transportation and fossil fuels are inextricably linked. More than 60% of the 87 million barrels of oil consumed daily powers the world’s transportation system and liquid fossil fuels account for more than 96% of the sector’s energy supply. The Repowering Transport project provides a high-level platform for executives from the World Economic Forum’s Industry Partners in the mobility (automotive, aviation, and logistics), energy (oil and gas, utilities, alternatives), chemicals, and investors industries, and select Global Growth Companies.The project explores...
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April 6, 2011
Jennifer Blanke, Director of the Centre for Global Competitiveness and Performance, and Thea Chiesa, Associate Director of Aviation, Travel and Tourism Industries, talk about the findings and the relevance of this year's Travel and Tourism Competitiveness Report.
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March 6, 2011
The World Economic Forum has for the past five years engaged key industry and thought leaders through its Aviation, Travel & Tourism Industry Partnership Programme to carry out an in-depth analysis of the Travel & Tourism competitiveness of economies around the world. The aim is to provide a platform for multi-stakeholder dialogue to ensure the development of strong and sustainable national Travel & Tourism industries capable of contributing effectively to international economic development. The theme of this edition of the Travel & Tourism Competitiveness Report, “Beyond the Downturn,” reflects the cautiously optimistic outlook and many complexities still facing the industry that must be overcome to ensure strong sectoral growth going into the future.
The World Economic Forum has for the past five years engaged key industry and thought leaders through its Aviation, Travel & Tourism Industry Partnership Programme to carry out an in-depth analysis of the Travel & Tourism competitiveness of economies around the world. The aim is to provide a platform for multi-stakeholder dialogue to ensure the development of strong and sustainable national Travel & Tourism industries capable of contributing effectively to international economic development. The theme of this edition of the Travel & Tourism Competitiveness Report, “Beyond the...
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March 2, 2011
Le Rapport sur la Compétitivité du Monde Arabe 2010 révèle que la crise économique mondiale a amplifié l’écart de compétitivité entre les pays du Conseil de Coopération du Golfe (CCG) et le reste de la région du monde arabe. Le rapport, publié en amont du Forum Economique Mondial sur le Moyen-Orient et l’Afrique du Nord, souligne que le Qatar, l’Arabie Saoudite et le Koweït dépassent les autres économies au même niveau de développement, en termes de compétitivité. Dans le classement global de 139 économies de pays, ils se classent respectivement 17ème, 21ème et 35ème.
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November 23, 2010
The Arab World Competitiveness Review 2010 finds that the global economic crisis has further widened the competitiveness gap between the countries of the Gulf Cooperation Council (GCC) and the rest of the Arab world region. The review, published ahead of the 2010 World Economic Forum on the Middle East and North Africa, sees Qatar, Saudi Arabia and Kuwait outperforming other economies at a similar level of development in terms of competitiveness. In the overall ranking of 139 economies, they place 17th, 21st and 35th.United Arab Emirates is the only economy from the region that has...
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November 23, 2010
Success factors for boosting visitor numbers
Switzerland, Austria and Germany have the most attractive environments for developing the travel and tourism industry, according to the third annual Travel & Tourism Competitiveness Report, published by the World Economic Forum. Among the top ten, France (4), Canada (5), Sweden (8) and Singapore (10) post improvements. The rankings are based on the Travel & Tourism Competitiveness Index (TTCI), which measures the different regulatory and business-related issues that have been identified as levers for improving travel and tourism competitiveness in countries around the world.This...
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November 2, 2010
The World Economic Forum’s Global Enabling Trade Report series focuses on measuring whether economies have in place the necessary attributes for enabling trade and where improvements are most needed. A widely used reference, the report helps countries in their efforts to integrate global value chains and companies with their investment decisions. It is intended to be used as a motivator for change and a foundation for dialogue.
“Enabling Trade: Valuing Growth Opportunities” finds that reducing supply chain barriers can increase global GDP up to 6 times more than removing all import tariffs. Such large increases in GDP would be associated with positive effects on unemployment, potentially adding millions of jobs to the global workforce. The report builds on eighteen industry case examples, spanning multiple industries and regions, to understand on-the-ground implications of supply chain barriers and the policy implications resulting. Companies must recognize and manage supply chain costs, and governments should...
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October 23, 2010
The Global Information Technology Report 2013, the 12th in the series, analyses the impact and influence of ICTs on economic growth and jobs in a hyperconnected world. Read the full news release for more information.At the core of the report, the Networked Readiness Index (NRI) measures the preparedness of an economy to use ICT to boost competitiveness and well-being. In this edition, Finland (1st), Singapore (2nd) and Sweden (3rd) continue to lead the NRI, with the Netherlands (4th), Norway (5th), Switzerland (6th), the United Kingdom (7th), Denmark (8th), the United States (...
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October 21, 2010
Growth via Travel and Tourism• Abhisit Vejjajiva • Hubert Joly • Frits D. van Paasschen • Luis Guillermo Plata • Thomas J. PritzkerModerated by • Geoffrey Lipman Friday 30 JanuaryThe travel sector is largely defined by airlines, hotels and cruise ships. Although tourism is not a smokestack industry, the travel sector as a whole is tapping a great opportunity by shifting to the green economy. Travel can be seen as a key to stimulus and to a green economy. Indeed, many popular destinations are taking up the challenge themselves as another way to draw visitors. Security is also being ...
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January 30, 2009