Estimation of competitiveness of the world regions in the travel and tourism sector

Gorina, Ganna and Горіна, Ганна Олександрівна (2015) Estimation of competitiveness of the world regions in the travel and tourism sector. Вісник Донецького університету економіки і торгівлі імені Михайла Туган-Барановського (62). pp. 93-101. ISSN 2079-4819

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Abstract

Components of competitiveness of the world regions in the travel and tourism sector are determined. Indicators that constrain the growth of the competitiveness of the tourism sector are singled out. The impact of the tourism industry on the socio-economic development of regions is investigated. The role of tourism in the restoring and enhancing of economy competitiveness during the unstable economic situation is justified. Based on analysis of TTCI subindexes component the competitiveness determinants of the world regions in the travel and tourism sector is defined. Availability of interdependence between the region's competitiveness of the sector, tourist attractiveness and contribution of tourism to the socio-economic development are justified. Interregional analysis of the components of the travel and tourism competitiveness provides necessary information to compare and effective use of local competitive advantage in making decisions in the tourism business and related sectors and activities, and valuable for the government in improving conditions of travel and tourism sector development

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