416.15 EUR 
538.29 RUR 
Armenia inches up to 79th place in travel & tourism competitiveness report 2013
YEREVAN, March 7. /ARKA/. Armenia inched up by 11 points from last year in Travel & Tourism Competitiveness Report 2013 to 79th place out of 140, Economy and Values Research Center reported Thursday.
“The 2013 Travel & Tourism Competitiveness Index (TTCI) reveals that Switzerland, Germany and Austria lead the world in terms of travel and tourism competitiveness,” according to the source.
The Travel & Tourism Competitiveness Report 2013 assesses 140 economies worldwide based on the extent to which they are putting in place the factors and policies to make it attractive to develop the travel and tourism sector.
In Travel & Tourism Regulatory Framework Armenia is ranked 51st , up 7 positions since the last edition due to improvements in sanitary and hygienic conditions, healthcare and security. However, the republic is still vulnerable in environment protection.
In Business Environment and Infrastructure, Armenia rose by 12 positions to 88th place. It was due to better assessments of the infrastructures besides price factors.
One of the main flaws of Armenia is the number of rooms in hotels, Armenia is ranked 11th here. Armenia also deteriorated positions from the last year’s edition in taxes on air ticket and payments in airport.
In T&T human, cultural and natural resources Armenia upped by 13 positions to 94th place due to labor market flexibility.
Travel & Tourism Competitiveness Report 2013 was compiled by the World Economic Forum.
The World Economic Forum is an independent international organization committed to improving the state of the world by engaging business, political, academic and other leaders of society to shape global, regional and industry agendas.
Economy and Values Research Center is a partner of Global Competitiveness Network. —0-
12:01 07.03.2013
