The Influence of Tourism Core Resources on Travel and the Tourism Competitiveness Index and Tourism Performance

Abstract

This paper explores whether tourism core resources promote destination competitiveness and performance, focusing on the travel and tourism (T&T) competitiveness index (TTCI) rankings and tourist arrivals. Utilizing panel data from eight ASEAN countries, this paper examined the statistical relationship between tourism core resources, tourism performance, and TTCI ranking. This empirical research relied on measures of tourism core resources compiled from various tourism organization reports and databanks. The results revealed a mixed correlation effect between these variables, particularly between TTCI ranking and tourism core resources. The lack of TTCI ranking correlation with the tourism core resources arises from the fact that the observed countries are in different economic development stages, which affect the TTCI ranking indirectly.