Invest, Finance & Restart

The International Tourism and Investment Conference (ITIC) will hold its hybrid — in-person and virtual — Global Tourism Investment Summit on ‘Invest, Finance & Restart’ in partnership with World Travel Market (WTM London).

Set for Nov. 1, the summit, will offer new perspectives and insights on the restart of the global tourism industry.

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.

ITIC’s Group CEO, Ibrahim Ayoub, explains: “The Invest, Finance & Restart Summit will pave the way for the transformational paradigm shift that is occurring as tourism will increasingly have to integrate the environmental, health, social inclusion and good governance issues in the future.”

On Nov. 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 in the Deal Room it has set up at WTM South Gallery room 12 at ExCeL.

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 says: “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. “

WTM London Exhibition Director, Simon Press adds: “WTM London is thrilled to be hosting the ITIC-led initiative on ‘Invest, Finance & Restart’, which aims to put new travel entrepreneurs in contact with investors, to help make their dreams a reality and to help put the tourism sector well on the road to recovery.”

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