Investment Projects, Business Armenia Tsaghkadzor hotel | Page 7

State Tourism Committee with the support of Armenian Government actively presents
Armenia in international exhibitions and fairs dedicated to tourism sector. During 2018, USD
567,000 (AMD 272 mln) was allocated from state budget for promoting tourism in Armenia 2 .
According to The Travel & Tourism Competitiveness Report 2017 published by the
World Economic Forum, Armenia is 84th in the ranking of the index, 74th in Tourism Service
infrastructure and 34th in Safety and Security. It is below Georgia, Azerbaijan and Turkey,
however is improving its position year to year. The full list of criteria for Armenia, Georgia,
Azerbaijan and Turkey in Travel & Tourism Competitiveness Report is presented below.
Source: T&T Report 2015, 2017
According to statistics, tourists, that visit Armenia, are mostly coming from EU
countries (26,7%), Russia (19,2%), Iran (18,2%) and US (10,3%). The chart presented below
2
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