Portugal ranks 17 out of 130 countries in the Travel and Tourism Competitiveness Report 2009 released by World Economic Forum on Wednesday. Last year Portugal ranked 15 out of 124 countries, which means that Portugal maintained the same level.
This year’s report, published under the theme of “Managing in a Time of Turbulence”, reflects the many difficulties the industry currently faces, which must be overcome to ensure strong sectoral growth in the future. This is particularly captured by the topics covered in the analytical chapters, exploring issues such as the impact of oil prices on the tourism industry, the importance of price competitiveness for attracting tourists, and the extent to which the TTCI explains differences in travel intensity between countries.