The International Tourism and Investment Conference (ITIC) will, in partnership with World Travel Market (WTM London), hold its hybrid Global Tourism Investment Summit on ‘Invest, Finance & Restart’.
The summit, which will cast new perspectives and insights on the restart of the global tourism industry, will take place on day one of WTM London (November 1), at the Platinum Suite, ExCeL, London.
Through this summit, ITIC aims to connect investors with owners or developers of untapped tourism projects as well as under-explored destinations from all over the world.
“This strategic move will contribute to accelerate the recovery of travel and tourism businesses and restore travellers’ confidence after this unprecedented pandemic.
“It will empower the different stakeholders to be ready in the starting blocks for 2022 to fully seize the commercial opportunities that will emerge during the forthcoming revival of the global tourism and travel industry, following the massive COVID-19 vaccination campaigns,” said ITIC Group CEO, Ibrahim Ayoub.
On day two of WTM (November 2) B2B meetings between project owners or developers and the ITIC team will be scheduled. The ITIC team invites tourism projects owners or developers who are looking for investment to submit their projects so that ITIC can screen them.
The ITIC team will provide actionable advice for attendees, striking mutually beneficial agreements and channelling investments into their projects.
Dr Taleb Rifai, Chairman of ITIC commented: “The pandemic has disrupted the world economy, but tourism is a resilient sector. Sure signs are emerging to demonstrate that the sector continues its resilience and is bouncing back and, indeed, has always bounced back from past crises.”
He noted that ITIC and its Invest Tourism division aim to promote investments in travel and tourism not just to create and develop new hotels, resorts and infrastructure for travellers but to be sustainable.
“Enabling SMEs to grow and to benefit from all travel and tourism interests across the globe for the greater benefit of people and the local communities,” said Rifai.
