Sunday, December 22, 2024

India goes down to 54th place on Travel and Tourism Development Index

Japan topped the global charts, followed by the US, Spain, France, Germany, Switzerland, Australia, UK, Singapore and Italy in the top ten

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India ranked at the 54th place in a global travel and tourism development index, down from 46th in 2019, but still remained on the top within South Asia. Japan topped the global charts, followed by the US, Spain, France, Germany, Switzerland, Australia, UK, Singapore and Italy in the top ten.

The Travel and Tourism Development Index from the World Economic Forum, assesses 117 economies, identifying key factors in enabling the sustainable and resilient growth of travel and tourism economies. Lauren Uppink, Head of Aviation, Travel and Tourism at the World Economic Forum said that the “Covid-19 shutdowns have re-emphasised the important contribution travel and tourism makes to many economies around the world.” She also said that as the world emerged from the pandemic, economies had to invest in building a strong and resilient environment to deliver the travel and tourism experience and services for many decades to come.

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

Many businesses and destinations have adapted to these shifting demand dynamics. According to estimates, the difference in international tourist arrivals between January 2021 and January 2022 is greater than arrivals growth in all of 2021.

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