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India drops to 54th place in Travel & Tourism Development Index, 1st in South Asia: The Tribune India


PTI

Davos, May 24

India was ranked 54th in a global travel and tourism development index on Tuesday, down from 46th in 2019, but still remained ahead in South Asia.

Japan leads the world rankings, followed by the United States, Spain, France, Germany, Switzerland, Australia, United Kingdom, Singapore and Italy in the top 10.

The World Economic Forum’s biennial travel and tourism survey also showed a sector recovering from pandemic lows, although the recovery has been uneven and challenges remain.

The Travel and Tourism Development Index assesses 117 economies, identifying key factors enabling the sustainable and resilient growth of travel and tourism economies.

“The Covid-19 closures have re-emphasized the important contribution that travel and tourism make to many economies around the world,” said Lauren Uppink, head of aviation, travel and tourism at World Economic Forum.

“As the world emerges from the pandemic, economies must invest in building a strong and resilient environment to deliver the travel and tourism experience and services for many decades to come,” Uppink added.

While overall international tourism and business travel are still below pre-pandemic levels, the sector’s recovery has been bolstered by higher vaccination rates, a return to more open travel and growing demand for domestic and nature-based tourism.

Many businesses and destinations have adapted to this changing demand dynamic.

The difference in international tourist arrivals between January 2021 and January 2022 is estimated to be greater than the growth in arrivals over the whole of 2021.

Other than the United States, the top 10 rated economies are high-income economies in Europe or Asia-Pacific.

The 2021 Travel and Tourism Development Index is a direct evolution of the Travel and Tourism Competitiveness Index, which has been published every two years for 15 years, the WEF said.