Gloria Guevara, WTTC President & CEO, said: “The Coronavirus pandemic has put the sector in unprecedented danger of collapse, which is looking increasingly likely unless a global rescue package is agreed to bolster what has become the backbone of the global economy.”
Where are we now in the midst of this pandemic? What does the future have in store for the global economy? These are just two of many questions we’re all asking as COVID-19 slowly dismantles the international hospitality sector. As we wrestle with the challenges, our trusted consultants guide us...
According to Ramy, at this stage, it is absolutely imperative for the government to provide alternatives as liquidity shortage is known for a fact.
UNWTO expects that Asia and the Pacific will be the worst affected regions, with an anticipated fall in arrivals of nine to 12 percent.
“It’s important to remember that fatality rates remain very low and the chances of contracting the virus are remote if they travel responsibly”
The global hotel industry gained an interest in KSA with a number of international and regional brands looking to expand their presence across the Kingdom.
ATM will take place at Dubai World Trade Centre from 19-22 April 2020, and will bring together travel and tourism experts from across the globe.
Major sporting events, including the Tokyo Olympics, and cultural events such as Expo 2020 Dubai are expected to have a positive impact on the sector.
The event will host more than 90 high-profile speakers from companies paving the way in Saudi Arabia’s hospitality investment industry.
The move comes in a bid to support the UAE’s tourism economy, and affirm the country’s position as a global tourist destination.