In news- India has been ranked at the 54th place in the Travel and Tourism development index, down from 46th in 2019, but still remained on the top within South Asia. Japan has topped the global charts, followed by the US, Spain, France and Germany.
About the index-
- The World Economic Forum’s biennial Travel and Tourism Development Index assesses 117 economies, identifying key factors in enabling the sustainable and resilient growth of travel and tourism economies.
- It is a direct evolution of the Travel & Tourism Competitiveness Index, which has been published biennially for the past 15 years.
- The Index assesses 117 economies, based on 5 subindexes, 17 pillars and 112 individual indicators, distributed among the different pillars.
- The five Sub indexes are Enabling Environment, Travel and Tourism Policy and Enabling Conditions, Infrastructure, Travel and Tourism Demand Drivers and Travel and Tourism Sustainability.
- 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.