The third annual Travel & Tourism Competitiveness Report released by the World Economic Forum places Mongolia 105th among 133 countries assessed. In 2008 Mongolia came 100th among 133 nations. 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 year's report, published under the theme "Managing in a Time of Turbulence", reflects the difficulties the industry currently faces. The rankings demonstrate the importance of supportive business and regulatory frameworks, coupled with transport and tourism infrastructure, and a focus on nurturing human and natural resources for fostering an environment that is attractive for developing the travel and tourism sector.
"Tourism competitiveness is a major element to be included in economic stimulation packages and the Green New Deal. Tourism is one of the largest employers in most countries and a fast-entry vehicle into the workforce for young people and women. Encouraging travel boosts consumer and business confidence. It strengthens two-way trade and it promotes export income -- particularly for the poorest countries," said Mr. Geoffrey Lipman, assistant secretary-general, World Tourism Organization. "Although there are many uncertainties as to how long the current crisis will continue and how deep its impact will be, past experience has shown that travel and tourism always rebounds from cyclical downturns - sometimes even stronger," said Mr. Ufi Ibrahim, chief operating officer of the World Travel & Tourism Council.

 

Source: en.news.mn

Mar 25, 2009