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...
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 and Singapore completing the top 10. Access the full rankings and data platform.
The report explores how, on one hand, the travel and tourism industry has the potential to boost economic resilience and job creation but, on the other, a number of factors continue to hinder its development. Browse the report in an interactive reader.