YEREVAN (Arka)—The latest World Economic Forum’s Travel and Tourism Competitiveness Report ranked Armenia 79th among 140 countries, economy minister Vahram Avanesyan said at a cabinet session today.
According to the report, in 2013 Armenia has improved its position by 11 places compared with 2012.
According to the minister, the main obstacles hindering the tourism industry’s development are high air fare prices and shortage of affordable hotels.
“Regarding hotels, the report compares the number of rooms with the number of population and in this sense Armenia ranked very low,” he said.
He said although in recent years significant progress was made in boosting the tourism industry, Armenia lags behind in many respects, even among other former Soviet republics.
In turn, Prime Minister Tigran Sargsyan said these factors speak of the need for new investment in the sector.
The Cabinet approved Thursday a plan of activities aimed at improving the competitiveness of Armenia in the world tourism market. The program consists of 41 chapters and provides for an increase in tourist flows to Armenia.