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Rating: Travel and Tourism Competitiveness

The World Economic Forum has, for the past 11 years, engaged leaders in travel and tourism to carry out an indepth analysis of the Travel and Tourism competitiveness of 136 economies across the world. The Travel and Tourism Competitiveness Index measures “the set of factors and policies that enable the sustainable development of the travel and tourism sector, which in turn, contributes to the development and competitiveness of a country”. According to the Travel and Tourism Competitiveness report, Georgia has improved its ranking in 2017 compared to 2015 and took 70th position (3.70 score) among 136 countries. In the business environment Georgia moved from 32nd to 22nd position. Country also improved rank in Safety and Security component and took 29th place.

Therewith, Georgia improved or remained on the same position in all components from 2015 to 2017 and has higher score in the Travel & Tourism Competitiveness. The score in Safety and Security is 6 for Georgia and in Business Environment component country has 5.3 points in 2017.

Overall score of Georgia in Travel & Tourism Competitiveness Index is 3.7 in 2017. In general, scores of each components are defined from 1 to 7. To analyze these scores, Georgia has the best performance in the following components compared to other components: Health and Hygiene (36th position, 6.10 points), Safety and Security (Georgia in on the 29th position, 6.01 points), Business Environment (22nd position, 5.26 points), Prioritization of Travel & Tourism (41st position, 4.90 points), Price Competitiveness (66th position, 4.90 points).

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The article is based on the information of The World Economic Forum.

Copyright on the material is protected. In case of it’s full or partial publication, please indicate at it’s beginning – “Source: business.org.ge”

 

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