Mongolia ranked 99th at Travel and tourism competitiveness index 2013

Ulaanbaatar /MONTSAME/ According to the Travel and Tourism Competitiveness Report 2013, released by World Economic Forum, Mongolia has ranked 99th among 140 countries. Mongolia is placed 91st at travel and tourism regulatory framework, 107th at business environment and 90th at travel and tourism human, cultural and natural resources. Under the theme “Reducing Barriers to Economic Growth and Job Creation”, 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. The 2013 Travel & Tourism Competitiveness Index reveals that Switzerland, Germany and Austria lead the world in terms of travel and tourism competitiveness, with Spain, the United Kingdom, the United States, France, Canada, Sweden and Singapore completing the top 10. The report explores how, on one hand, the travel and tourism industry has the potential to boost economic resilience and job creation but, on the other, a number of factors continue to hinder its development.