{"id":2935,"date":"2024-06-11T06:17:00","date_gmt":"2024-06-11T06:17:00","guid":{"rendered":"https:\/\/dailymorningupdate.com\/?p=2935"},"modified":"2024-06-11T06:17:00","modified_gmt":"2024-06-11T06:17:00","slug":"india-rises-to-39th-in-wef-index-for-travel-tourism-development","status":"publish","type":"post","link":"https:\/\/octocenter.com\/test\/india-rises-to-39th-in-wef-index-for-travel-tourism-development\/","title":{"rendered":"India rises to 39th in WEF index for travel, tourism development"},"content":{"rendered":"<p>India has climbed to the 39th position in the World Economic Forum&#8217;s latest &#8220;Travel &amp; Tourism Development Index 2024&#8221; as travel improves post-pandemic.<\/p>\n<p>The United States (US) led the rankings and India was the top performer in South Asia and among lower-middle-income countries, an annual report said on Tuesday.<\/p>\n<p>India was ranked 54th in 2021, but changes in index criteria limit its direct comparison with 2022 and 2023.<\/p>\n<p>Features Spain, Japan, France and Australia are the top four countries on the list for 2024 in that order.<\/p>\n<p>According to the index, compiled in collaboration with the UK-based University of Surrey, India is highly cost competitive (18th) and has competitive air transport (26th) as well as land and port (25th) infrastructure.<\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone  wp-image-2937\" src=\"https:\/\/dailymorningupdate.com\/wp-content\/uploads\/2024\/06\/India-300x169.jpg\" alt=\"\" width=\"806\" height=\"457\" \/><\/p>\n<p>India&#8217;s strong natural (6th), cultural (9th) and non-leisure (9th) resources contribute to its travel appeal, with the country one of only three to secure a top 10 ranking in all resource pillars, the WEF said.<\/p>\n<p>Despite the decline compared to 2019, India is still performing well in terms of travel and tourism demand sustainability, particularly due to the increased incidence of sustainable long-term stays among inbound visitors.<\/p>\n<p>Like other countries, the Indian tourism industry has felt the impact of global inflationary trends on the supply side. This led to a decline in price competitiveness, while the recovery of air transport infrastructure and tourism services did not reach the level seen in 2019.<\/p>\n<p><img decoding=\"async\" class=\"alignnone  wp-image-2938\" src=\"https:\/\/dailymorningupdate.com\/wp-content\/uploads\/2024\/06\/Himalayas-India-300x169.jpg\" alt=\"\" width=\"799\" height=\"453\" \/><\/p>\n<p><strong>TTDI Overall Score in India<\/strong><\/p>\n<p>The country&#8217;s overall Travel and Tourism Development Index (TTDI) score is 2.1 percent lower than in 2019. The index is led by high-income economies in Europe and the Asia-Pacific region.<\/p>\n<p><strong>Rate of return on international tourist arrivals<\/strong><\/p>\n<p>West Asia showed the highest rate of recovery in international tourist arrivals, surpassing 2019 levels by 20 percent, while Europe, Africa and the Americas showed a strong recovery of around 90 percent in 2023.<\/p>\n<p>Also Read<\/p>\n<ul>\n<li><a href=\"https:\/\/dailymorningupdate.com\/anant-ambanis-vantara-pledges-to-plant-1m-trees-annually\/\"><em><strong>Anant Ambani\u2019s Vantara Pledges to Plant 1M Trees Annually<\/strong><\/em><\/a><\/li>\n<li><a href=\"https:\/\/dailymorningupdate.com\/giorgia-meloni-far-right-party-secures-majority-in-eu-elections\/\"><em><strong>Giorgia Meloni far-right party secures majority in EU elections<\/strong><\/em><\/a><\/li>\n<\/ul>\n<p>The biennial index showed the travel and tourism industries of 119 countries across a spectrum of factors and policies. Germany secured 6th place, followed by the UK, China, Italy and Switzerland in the top ten ranking.<\/p>\n<p>The findings underscored that high-income economies tend to maintain more favorable conditions for travel and tourism development. This was attributed to a favorable business environment, dynamic labor markets, open travel policies, robust transport and tourism infrastructure as well as well-developed natural, cultural and non-recreational attractions.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>India has climbed to the 39th position in the World Economic Forum&#8217;s latest &#8220;Travel &amp; Tourism Development Index 2024&#8221; as travel improves post-pandemic. The United States (US) led the rankings and India was the top performer in South Asia and among lower-middle-income countries, an annual report said on Tuesday. India was ranked 54th in 2021, &#8230; <a title=\"India rises to 39th in WEF index for travel, tourism development\" class=\"read-more\" href=\"https:\/\/octocenter.com\/test\/india-rises-to-39th-in-wef-index-for-travel-tourism-development\/\" aria-label=\"Read more about India rises to 39th in WEF index for travel, tourism development\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":2936,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[250,2],"tags":[323,272,274,324,325,326,327],"class_list":["post-2935","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-travel","tag-himalayas","tag-india","tag-travel","tag-travelindex","tag-ttdiscore","tag-wefindex","tag-internationltourists"],"_links":{"self":[{"href":"https:\/\/octocenter.com\/test\/wp-json\/wp\/v2\/posts\/2935","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/octocenter.com\/test\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/octocenter.com\/test\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/octocenter.com\/test\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/octocenter.com\/test\/wp-json\/wp\/v2\/comments?post=2935"}],"version-history":[{"count":0,"href":"https:\/\/octocenter.com\/test\/wp-json\/wp\/v2\/posts\/2935\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/octocenter.com\/test\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/octocenter.com\/test\/wp-json\/wp\/v2\/media?parent=2935"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/octocenter.com\/test\/wp-json\/wp\/v2\/categories?post=2935"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/octocenter.com\/test\/wp-json\/wp\/v2\/tags?post=2935"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}