An Analysis of the Global Ranking of American Countries in the Travel and Tourism Competitiveness Index

Abstract

This study examines the relationship of the Global Ranking of the American countries in their Travel and Tourism Competitiveness Index. The explained variable is Global Rank. The explanatory variables are Safety and Security, Human Resources and Labour Market, Business Environment, ICT Readiness, and Health and Hygiene. An inverse relationship is found between Global Rank and the factors such as Safety and Security, Health and Hygiene, Human Resources and Labour Market, and ICT Readiness. The most influencing factor is Human Resources and Labour Market. A direct relationship is found between Global Rank and Business Environment. The American economies and their policy makers should be aware of the factor which is increasing their Global Ranking position in the travel and tourism arena.