Global tourism challenges and investment opportunities to be addressed at the International Tourism & Investment Conference (ITIC) – London

 

This yearly event will be staged on the 1st and 2nd November 2019 at InterContinental Park Lane. It will stimulate a new thought process on key global tourism challenges, business and investment opportunities with a special focus on Africa and Island destinations.

ITIC will also provide an investment platform and act as a catalyst for growth. It will attract private equity firms, institutional investors, fund managers and influencers who have the power to channel capital and to raise funds to invest in live and bankable tourism projects.

Our objective is to make project developers (from the tourism industry of Africa, Island nations as well as emerging destinations) to meet with investors in quest of sustainable initiatives that contribute positively to the well-being of local communities while preserving the environment and enhancing the natural beauty of existing sites.

Several tourism projects originating from African countries and island nations have already been submitted for initial screening and the retained ones will be unveiled during the ‘International Tourism Investment Conference’. In the meantime, the London-based organizing company, ITIC, continues its call for bankable project proposals which can be sent to info@itic.uk.

The first day of the conference will consist of several sessions focusing on critical issues and trends impacting the travel and tourism sector in Africa, Island nations and beyond.

The second day will be devoted exclusively to ‘Investor and Project Owner Prearranged Meetings’ with a Deal Room for those looking for investment opportunities in tourism and travel, projects, infrastructures services.

Project tables will be arranged in the grand hall of London’s InterContinental Park Lane Hotel. Each hosted by a project owner or country to showcase the attractiveness and market prospects of the proposed development to potential financiers.

Interested investors will be able to interact face-to-face with the project owners to establish fruitful initial contacts.

In his message to the delegates joining this important conference, Dr Taleb Rifai, Chairman of ITIC and former Secretary-General of UNWTO, stresses that “investing in Travel and Tourism is beyond significant economic contribution. Investing in tourism, therefore, is not just an extremely wise and correct business proposition, IT IS INVESTING IN THE FUTURE OF THIS PLANET, IN THE FUTURE OF MANKIND.”

Mr. Ibrahim Ayoub, Group CEO of ITIC & Daiichi Display Ltd, voiced out that “the International Tourism & Investment Conference (ITIC) is a unique platform uniting a broad spectrum of stakeholders of the global tourism and financial services industries. We aim at bridging investments and innovation in tourism projects with a view to promoting inclusive growth and sustainable economic development for the benefit of the people.”

Since its successful launch in November 2018 (www.itic.uk/videos), the conference has garnered global interest and this year’s conference has attracted as speakers, several ministers, leading voices, luminaries, policy makers & investors.

Mr. Gerald Lawless, a member of the ITIC Advisory Board, WTTC Ambassador, Board member of the Dubai Expo 2020 and former President and CEO of the Jumeirah group, pointed out that “ ITIC can become the catalyst and the platform for actually joining investors and the tourism industry together and by ensuring we understand what travel and tourism can do for small and large communities.”

According to World Travel & Tourism Council (WTTC), “The direct contribution of Travel & Tourism to GDP is expected to grow by 3.6% pa to USD4,065.0bn (3.5% of GDP) by 2029. It was USD8,811.0bn in 2018 (10.4% of GDP) and is expected to grow by 3.6% to USD9,126.7bn (10.4% of GDP) in 2019.”

It is worth noting that travel and tourism in Africa is booming. Its growth rate in 2018 stood at 5.6% compared to the global average of 3.9%. The sector contributed $194.2 billion to Africa, representing 8.5% of the continent’s GDP last year.

Delegates can register to attend the conference at www.itic.uk or by contacting the organisers at izrina@itic.uk.

For more information, please contact Mr. Ibrahim Ayoub at ibrahim@itic.uk or call him on his mobile/whatsapp +447464034761