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WTTC Launches Lastest Statistics from the Travel & Tourism Competitiveness Monitor

Currency Forex Trading The latest statistics from the Travel & Tourism Competitiveness Monitor, released by the World Travel & Tourism Council (WTTC) in Paphos, Cyprus earlier today, reveals that Luxembourg, Maldives and Aruba are overall leaders in providing an open and liberal framework helping to attract foreign, direct investment to the Global Travel & Tourism industry. The Monitor also revealed that the top three most competitive nations in terms of social development are Norway, Bermuda and the USA.

Tim has served in various prominent civic, cultural and charitable capacities. He is currently a board member of the Partnership for NYC, the World Travel & Tourism Council (WTTC) and Business for Diplomatic Action and is a member of the Executive Committee of NYC & Company, the official marketing, promotion and tourism arm of New York City, which he chaired from 1999 through 2002. 11, Tim received l'Ordre de Merite from the French Government.

Forex Trading Software The World Travel & Tourism Competitiveness Monitor tracks a wide range of information, which indicates to what extent a country offers a competitive environment for travel & Tourism development. Supported by the Christel de Haan Tourism & Travel Research Institute at the University of Nottingham, the World Travel & Tourism Councils updated and expanded Monitor aims to highlight the importance of long-term planning and the need to factor Travel & Tourism into all government policy developments and decisions.

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Currency Forex System Trading The significance of the Monitor is that Travel & Tourism is one of the largest sectors of the world economy, responsible for over 10 per cent of global GDP and 200 million jobs worldwide. The industry is strategically important to virtually every country as it is growing and incoming visitors bring precious foreign currency.

Tourism is a vital part of the Middle East and North Africas economy, says Tralliance Corporation President and Chief Executive Ron Andruff, whose company serves as the worldwide Registry for .travel. Providing national tourism ministries and the travel industry leadership with a clear understanding of the global .travel initiative firsthand is intended to serve as a catalyst to future success and profitability in the region. As the MENA nations register all of their tourism assets in the .travel Registry, they will enable travelers from anywhere in the world to find them in the most expeditious manner possible.

Forex Trading System Ufi Ibrahim, WTTC Vice President, Development, said: WTTCs competitiveness data will help governments benchmark themselves against other countries. Compelling economic data such as this will assist the more dynamic nations to take positive action, stimulating their tourism economies. Only two weeks ago, Maison de la France, Frances national tourism organisation, was allocated a 30 per cent increase in funding following an in-depth WTTC report predicting that China would overtake France as the worlds top tourism destination.

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Currency Forex Online Trading The monitor can be accessed by visiting the World Travel & Tourism Councils web site, www.wttc.org/NU_compmon/Monitor.htm . Its functionality has recently been upgraded to allow the user to make an unlimited selection of countries and to compare results instantly.

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