Tourism remains one of the most resilient sectors of the global economy, showing an impressive recovery after the COVID-19 pandemic. Despite economic and geopolitical challenges such as rising inflation and regional conflicts, the industry continues to grow, opening up new opportunities for countries seeking to develop their tourism sectors. Sérgio Guerreiro, Chair of the Tourism Committee at the Organisation for Economic Co-operation and Development (OECD), spoke with NEWS.am Tech about key trends in global tourism, the factors behind its resilience, and Armenia’s potential as a tourist destination.
The tourism industry demonstrates an exceptional ability to adapt to crises. After the pandemic, many countries — including Portugal — not only returned to pre-pandemic levels but surpassed them.
According to Guerreiro, the main factors supporting this resilience include:
However, geopolitical instability — such as the conflict in Ukraine — impacts certain regions like Eastern Europe, where recovery is slower. Nonetheless, the sector has learned to adapt to global uncertainty, finding ways to continue growing.
Guerreiro believes Armenia holds significant potential for tourism development, which can be unlocked through its unique natural, cultural, and culinary resources.
Key areas for development include:
Despite its potential, Armenia faces several challenges, which Guerreiro identifies as:
Solving these issues requires close cooperation between the public and private sectors. Joint priority-setting and strategic planning will help create a sustainable tourism development model.
Sustainable development is becoming an essential part of tourism strategy. According to Sérgio Guerreiro, this includes three key aspects:
For Armenia, this means creating tourism products that highlight authenticity and preserve cultural and natural heritage. For example, developing gastronomic tourism with a focus on local products or creating routes that include rural communities can attract tourists and support the local economy.
Modern technologies, especially artificial intelligence (AI), open new opportunities for tourism. According to Guerreiro, AI can:
Other technologies — such as the Internet of Things (IoT), virtual reality (VR), and augmented reality (AR) — can also transform how tourism is experienced, creating new ways to engage with attractions. Armenia should invest in business digitalization and specialist training to use these technologies to improve its competitiveness.
Portugal, as a mature tourist destination, serves as an example of a successful strategy. According to Guerreiro, its key success factors include:
Armenia can adopt this experience by focusing on the uniqueness of its cultural and natural assets and by developing partnerships between the government and businesses.
It is worth noting that Sérgio Guerreiro visited Armenia to participate in the HIF 2025 forum. He was one of the panelists in the discussion titled “Fostering Hospitality Ecosystem Development: Strategic Infrastructure, Public Funding & International Programmes.”
month
week
day