WTTC Launches New Travel & Tourism Competitiveness Statistics
London, UK | The World Travel & Tourism Council (WTTC) today released the 2004 World Travel & Tourism Competitiveness Monitor. The new statistics reveal that Brazil and India are the most price competitive countries in terms of Travel & Tourism, while Norway is the most competitive in terms of social development for the second year running.
London, UK | The World Travel & Tourism Council (WTTC) today released the 2004 World Travel & Tourism Competitiveness Monitor. The new statistics reveal that Brazil and India are the most price competitive countries in terms of Travel & Tourism, while Norway is the most competitive in terms of social development for the second year running.
The World Travel & Tourism Competitiveness Monitor tracks a wide range of information, which indicates to what extent a country offers a competitive environment for Travel & Tourism development. Supported by the Christel de Haan Tourism & Travel Research Institute at the University of Nottingham, WTTC’s updated and expanded Monitor aims to highlight the importance of long-term planning and the need to factor Travel & Tourism into all government policy developments and decisions.
The Monitor can be accessed via the WTTC website
About the Competitiveness Monitor - The Competitiveness Monitor is based on a set of social and economic data that are available and comparable across countries. It is useful for governments, policy makers, Travel & Tourism companies, investors, academics and all other interested parties. The constituent data is grouped into eight categories, as described below.
Price Competitiveness - Tourism Price Competitiveness Index (TPCI) shows the tourism price index across countries. It is computed using the Hotel Price Index and Purchasing Power Parity Index.
Human Tourism - The International Human Tourism Index measures the achievement of human development in terms of tourism activity. The Travel & Tourism Sector takes account of people's influence in various areas of tourism activity. It includes indices that look at the economic impact of Travel & Tourism demand, consumption, exports, imports, balance, personal and business travel and the numbers of arrivals and departures.
Infrastructure - The Infrastructure Index shows the level of infrastructure development, combining the Road Index, the Sanitation Index and the Water Access Index. The Railway Index is not included because of the limited data available.
Human Resources - Human resources development is an important part of Travel & Tourism. Using data regarding life expectancy, illiteracy rates, education, employment, population, training, skills and gender indicators this indicator shows the competitiveness of the quality of human resources in each country.
Environment - This indicates governments’ awareness towards environmental aspects of development using population density, CO2 emissions and the ratification of environmental treaties as appropriate indicators.
Openness - These indices take into account tourism openness using data including: visa requirements, the extent to which a country is open to international tourism, trade openness and taxes on international trade. This information has often been ignored in past research. It accords with the economic growth literature findings that a country’s openness to trade is a further significant determinant of growth.
Technology - This index shows the advances in modern technological systems and infrastructure, using data regarding telephone mainlines, mobile phones, high technology exports and Internet hosts.
Social The Social Development indicator uses data from daily newspapers, personal computers, television sets and total crimes recorded.
Top Ten Countries for each competitiveness indicator
Price Competitiveness
- 1. Brazil
- 2. India
- 3. Ethiopia
- 4. Sri Lanka
- 5. Pakistan
- 6. Namibia
- 7. South Africa
- 8. Burkina Faso
- 9. Ghana
- 10. Cambodia
Human Tourism
- 1. Fiji
- 2. Maldives
- 3. Seychelles
- 4. Vanuatu
- 5. Iceland
- 6. Hungary
- 7. Luxembourg
- 8. Malta
- 9. Mauritius
- 10. Malaysia
Infrastructure
- 1. Malta
- 2. Singapore
- 3. Barbados
- 4. Belgium
- 5. Netherlands
- 6. Grenada
- 7. Switzerland
- 8. St. Vincent and the Grenadines
- 9. Hungary
- 10. Austria
Environment
- 1. French Polynesia
- 2. Norway
- 3. Finland
- 4. Panama
- 5. Spain
- 6. Luxembourg
- 7. New Zealand
- 8. United Kingdom
- 9. Puerto Rico
- 10. Netherlands
Technology
- 1. San Marino
- 2. Monaco
- 3. Singapore
- 4. Luxembourg
- 5. Malta
- 6. Netherlands
- 7. Korea, Rep.
- 8. Denmark
- 9. Iceland
- 10. Sweden
Human Resources
- 1. Australia
- 2. Belgium
- 3. Finland
- 4. Netherlands
- 5. New Zealand
- 6. Norway
- 7. Sweden
- 8. United Kingdom
- 9. Canada
- 10. Denmark
Openness
- 1. Aruba
- 2. Macao, China
- 3. Hong Kong, China
- 4. Cyprus
- 5. Antigua and Barbuda
- 6. Mongolia
- 7. Mauritania
- 8. Guinea-Bissau
- 9. Seychelles
- 10. Sao Tome and Principe
Social
- 1. Norway
- 2. Japan
- 3. Sweden
- 4. United Kingdom
- 5. Hong Kong, China
- 6. Denmark
- 7. United States
- 8. Finland
- 9. Switzerland
- 10. Iceland
WTTC's mission is to raise awareness of the full economic impact of the Travel & Tourism industry, employing some 200 million people and generating over 10 per cent of the world’s GDP. Governments are encouraged to unlock the industry's potential by adopting the Council's policy framework for sustainable tourism development.