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Wednesday, October 7, 2015

Top 10 Most Expensive Countries For Travelers

Top 10 Most Expensive Countries For Travelers
Source: www.weforum.org

 

The travel and tourism industry is a crucial generator of desired and very much needed revenue to support economic growth. Attracting large numbers of tourists is a key factor for economies all around the world.

While price is only one of the factors within the whole pie that determines where people choose to visit next for their holidays, most people forget or overlook it. So which country is the most expensive destination for tourists?

The measure below was found in the World Economic Forum’s Travel and Tourism Competitiveness Report for 2015. It estimates 141 economies on a range of factors linked to their tourism industries.

In the report, price competitiveness is calculated based on ticket taxes and airport charges, hotel price index, purchasing power consistency and fuel prices.

 

 

About Currency Exchange International
Currency Exchange International (CXI) is a leading provider of foreign currency exchange services in North America for financial institutions, corporations and travelers. Products and services for international travelers include access to buy and sell more than 80 foreign currencies, multi-currency cash passport’s and traveler’s cheques. For financial institutions, our services include the exchange of foreign currencies, international wire transfers, purchase and sale of foreign bank drafts, international traveler’s cheques, and foreign cheque clearing through the use of CXI’s innovative CEIFX web-based FX software www.ceifx.com.
Posted By Jacquelyn McMullen @ceifx at 12:00 PM
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