Insight Report The Travel & Tourism Competitiveness …

1 Insight Report The Travel & Tourism Competitiveness Report 2019. Travel and Tourism at a Tipping Point Insight Report The Travel & Tourism Competitiveness Report 2019. Travel and Tourism at a Tipping Point The Travel & Tourism Competitiveness Report 2019 is TERMS OF USE AND DISCLAIMER. published by the World Economic Forum's Platform The analysis presented in the Travel & Tourism Competitiveness for Shaping the Future of Mobility. Report 2019 (herein: Report ) is based on a methodology integrating the latest statistics from international organizations Professor Klaus Schwab and a survey of executives. Founder and Executive Chairman The findings, interpretations and conclusions expressed in this Anil Menon work do not necessarily reflect the views of the World Economic Managing Director, Head of Centre for Global Industries, Forum.

2 The Report presents information and data that were Member of the Managing Board compiled and/or collected by the World Economic Forum (all Christoph Wolff information and data referred herein as Data ). Data in this Head of Mobility Report is subject to change without notice. Member of the Executive Committee The terms country and nation as used in this Report do not in all cases refer to a territorial entity that is a state as understood AUTHORS. by international law and practice. The terms cover well-defined, Lauren Uppink Calderwood geographically self-contained economic areas that may not be Head of Aviation, Travel and Tourism Industries, states but for which statistical data are maintained on a separate Global Leadership Fellow and independent basis.

3 Maksim Soshkin Although the World Economic Forum takes every reasonable Research and Analysis Specialist, Aerospace, step to ensure that the Data thus compiled and/or collected is Aviation, Travel and Tourism accurately reflected in this Report , the World Economic Forum, its agents, officers, and employees: (i) provide the Data as is, Copyediting: Mike Fisher as available and without warranty of any kind, either express or Design and layout: Neil Weinberg implied, including, without limitation, warranties of merchantability, fitness for a particular purpose and non-infringement; (ii) make A special thanks goes to the Global no representations, express or implied, as to the accuracy Competitiveness and Risks team.

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7 Permission from the World Economic Forum ISBN-13: 978-2-940631-01-8. Contents Preface v by Anil Menon and Christoph Wolff Executive Summary vii About the Travel & Tourism Competitiveness Report 2019 ix At a Glance: Travel & Tourism Competitiveness Index 2019 Overall Rankings xiii Part 1: The Travel & Tourism Competitiveness Index 2019 1. Travel & Tourism at a Tipping Point 3. 2019 Results and Analysis 6. Part 2: Regional Analysis 11. How to Read the Regional Profiles 13. ISO-2 Code Lookup Tables 16. Regional Profiles 18. Part 3: Country/Economy Profiles 57. How to Read the Country/Economy Profiles 59. Index of Country/Economy Profiles 61. Country/Economy Profiles 63. Appendix A: Travel & Tourism Competitiveness Index 2019 Rankings 65.

8 Appendix B: Methodology of the TTCI 2019 85. Appendix C: Data Definitions and Sources 91. Appendix D: Income Group and Regional Classifications 101. Contributors and Acknowledgements About the Authors 103. Data Partners 105. Partner Institutes 107. Explore additional features of the Report at iii Preface ANIL MENON. Managing Director, Head of Centre for Global Industries, World Economic Forum CHRISTOPH WOLFF. Head of Mobility, Member of the Executive Committee, World Economic Forum In 2018, according to the World Tourism Organization, The Travel & Tourism Competitiveness Report is a flagship the number of international tourist arrivals worldwide product of the Platform for Shaping the Future of Mobility, reached billion, two years before it was predicted to which brings together world leaders to ensure Travel and do so.

9 That year also marked the seventh year in a row transportation systems meet 21st century demands. The where the growth in Tourism exports (+4%) exceeded the rapid proliferation of new modes of mobility and disruptive growth in merchandise exports (+3%). Given this rapid business models provides us with the opportunity to pace of growth, the prediction that international arrivals reinvent mobility systems by using policy and technological will reach billion by 2030 may be conservative. innovations to address societal, economic and environmental risks. This Report provides a valuable tool for policy-makers, This presents enormous potential for the sector and companies and complementary sectors to understand economies globally as Travel is further democratized.

10 And anticipate emerging trends and risks in global Travel Emerging economies are contributing larger proportions and Tourism , adapt their policies and practices, and of travellers to this global trend and are becoming accelerate new models that ensure the longevity of this increasingly desirable as destinations as they show important sector. This combination allows stakeholders greater Competitiveness in Travel and Tourism . to combine Insight and action into accelerating change, and we invite leaders to engage with our platform. It is also since the previous publication of our biennial Travel & Tourism Competitiveness Report in April 2017, that Lastly, this Report relies on the dedicated collaboration the term overtourism has become common currency.