Wednesday June 10, 2020
9:15 – 14:15 (British Summer Time)

The Future Of Travel & Tourism Financial strategies for recovery

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Priadi W.
Priadi W.
28 days ago

Collaboration or Collapse

Jack Soifer
Jack Soifer
28 days ago

CONGRATULATIONS, Ibrahim, for the excellent organisation of this venue and excellent speakers. I would, and guess everyone, have access to the slides shown

muhammad alamir
muhammad alamir
28 days ago

great session ..

Ruben Wertheimer
Ruben Wertheimer
28 days ago

Thank you very much to all speakers for sharing with passion there views, knowledges and concerns we share all over the world and are useful for the Latin American market. Be safe.

Dr. M. DEVENDRA
Dr. M. DEVENDRA
28 days ago

thanks for the information and knowledge shared on this session
 
 

Hassan Zakari
Hassan Zakari
28 days ago

Thank you very much for these incisive presentations from global tourism experts. I am very glad to have participated. Please help with the slides from Margaux and Ben. Thank you.

Sneshka Richter
Sneshka Richter
28 days ago
Sneshka Richter
Sneshka Richter
28 days ago

Thank you for the great conference aimed at important questions at such a critical time for the tourism industry with excellent speakers.

Himanshi
Himanshi
28 days ago

Informative session.. Glad to listen eminent speakers. Thank you!

Joanna Wivell
Joanna Wivell
28 days ago

Thank you all for a very informative programme. Greetings also to Taleb Rifai.

H Guo
H Guo
28 days ago
Reply to  Joanna Wivell

Thank you so much

PASCHALINA GALLILAIA
PASCHALINA GALLILAIA
28 days ago

Thank you! We wait everybody in Greece.

Colin Bidewell (lounger-logger.com)
Colin Bidewell (lounger-logger.com)
28 days ago

…AI and RPA releasing staff and resources to refocus on more customer service and upsales etc

Deepak R Joshi
Deepak R Joshi
28 days ago

wonderful program. very very insightful and useful. Thank your very much ITCI and WTM and all the suporting agencies

Colin Bidewell (lounger-logger.com)
Colin Bidewell (lounger-logger.com)
28 days ago

Thank you organisers and panelists and good to meet folks in chat. Let’s talk. Do stuff.

Jim SEOW
Jim SEOW
28 days ago

The presentation slides from both Margaux and Ben provide me with much needed ammunitions to fight this COVID-19 global war. Thank you!

Jim SEOW
Jim SEOW
28 days ago

@Colin Bidewell => We need to take advantage of COVID-19 crisis to reshape the education for the young generation to achieve what you just proposed. “An effective medium through which to connect innovation donor with innovation recipient. At scale.” Without which, AI will lead to JOB LOSS and NOT [new Job categories as I see it.]

Jim SEOW
Jim SEOW
28 days ago

@Susanna Saari => Indeed. In our proposal. We look at Europe as a whole. Geographical advantages of different EU countries, not as individual but as a whole, is key resource to fight and end COVID-19 together.
 

Colin Bidewell (lounger-logger.com)
Colin Bidewell (lounger-logger.com)
28 days ago

@Jim SEOW absolutly, but need more efficient and effective medium through which to connect innovation donor with innovation recipient. At scale. This for me is a gap.

Jim SEOW
Jim SEOW
28 days ago

We need a global concerted coordinated effort. I spend close to my entire career to deliver the best of both West and East cultures & preventive health as new business models. This will address the unmet business opportunity gaps made transparent by COVID-19 crisis. The aim is always to bring diverse talents from both worlds to work together. Together we are strong. Together not possible becomes possible!!!!

Susanna Saari
Susanna Saari
28 days ago

The destinations in the Nordic countries will hopefully be among the winners! Try Finland: Loads of clean air, plenty of room, almost no queuing anywhere, nature based activities, lakes with water to drink directly from, sauna to warm you up – and the happiest people (LOL). I agree with @christopher, hotels in Costa del… will take a long time to recover. We really will see a change and this will be a long recovery for many.
 

Dr. M. DEVENDRA
Dr. M. DEVENDRA
28 days ago

Is it possible to get the contents of the presenters and panelists for our reference?

Jim SEOW
Jim SEOW
28 days ago

@Colin Bidewell => I accept my limited experience in your area. My plan is to create new job categories, bring people back to work, new scalable investment opportunities as incentives to drive commitments from public and investment from private sectors.  I hope this combination will work. Only time will tell 🙂

Klaus Lengefeld
Klaus Lengefeld
28 days ago

@Hassan Zakari, thanks, lets keep in touch on LinkedIn.

Jim SEOW
Jim SEOW
28 days ago

@Christopher Rodrigues => nicely put. We need cross Ministries effort to jumpstart tourism, not just limited to the Minister of Tourism.   I wrote 1 hour ago ==>   The untested ideas we plan to embark is to work with multiple ministries of each country. Safe Tourism jumpstart is a complex challenge and should not be just left to one ministry (Ministry of Tourism). We anticipate that if Ministries of health, finance, education and tourism work together, we will have more chance to come out with resilient business models that will lead to more coordination between different countries. The key… Read more »

Jack Soifer
Jack Soifer
28 days ago

BEN LOCK: EXCELLENT FIGURES, WHER SHALL WE GET THEM?

Hassan Zakari
Hassan Zakari
28 days ago

Thank you very much Margaux. Please can we have the slides posted for download? It will be nice to go over it in detail and more relaxed. Kindly assist!

Valentina Vallinotto
Valentina Vallinotto
28 days ago

I’m in ET Time Zone (USA) and I lost part of your interesting webinar.
Is the recording available?
Thanks in advance. Valentina

Colin Bidewell (lounger-logger.com)
Colin Bidewell (lounger-logger.com)
28 days ago

Jim SEOW  4 minutes ago Sustainable Tourism is key to saving humanity through climate change impact and future waves of pandemics WHEN WE ALL WORK TOGETHER !!!!!!!   Yes….ideally regulated financial services products supporting industries would be “sustainable” in line with Ch3(B)(1)(c)Financial Services and Markets Act 2000 and international equivalents. However in our experience, we have not found this to be the case and incompatible when looking at UV/skincancer treatment cost avoidance and SDG3 (plus SDGs 10, 12, 16+)….result being that we lag invention adoption for multiple SDGs and the taxpayer ends up picking up the tab as a consequence…as… Read more »

Lucky Chhetri
Lucky Chhetri
28 days ago

How it is social sustainability

Jim SEOW
Jim SEOW
28 days ago

@Klaus Lengefeld Please kindly share the link to the Bali Indonesia study. Great work! I assume by giz?

Klaus Lengefeld
Klaus Lengefeld
28 days ago

Concerning the climate impact of flights, it has to be compared with the climate impact of alternative livelihoods of those who would lose their jobs if we stop flying to their countries. As agriculture including deforestation ist for many countries one of the rare alternatives for ex-tourism employees, this would create much more climate damage than flying. We did a first pilot study on Bali, Indonesia which confirmed this problem

Klaus Lengefeld
Klaus Lengefeld
28 days ago

@Gerald Lawless. Thanks for your focus on environmental and social sustainability. You remember our study on Jumeirah Hotels Dubai from 10ys ago which showed the huge cross-border poverty-reducing impact of your hotels in the home countries of your employees.

Jim SEOW
Jim SEOW
28 days ago

To all not yet connect: My linkedin profile https://www.linkedin.com/in/ktseow/

Klaus Lengefeld
Klaus Lengefeld
28 days ago

@Ambassador Dho Young-Shim This is Klaus Lengefeld from Frankfurt Germany. Would like to know how Korea is opening up again for tourism and from which countries. And lets keep contact for Tourism recovery

Jim SEOW
Jim SEOW
28 days ago

Typo error: @Joanna Wivell => https://www.youtube.com/watch?v=spf_D7EMMs0 This EUvsVirus SAFE tourism concepts advocate ONLY testing ONCE at origin airport. No testing at destination country throughout the journey social/physical distancing with the destination general public ( Very critical to contain Virus mutation) => sorry for typo. Separating the general public and incoming international tourists [including immediate contact tracing] ( is KEY To SAFE tourism and preventing COVID-19 to last multi-years as Spanish Pandemics. Within EU, it is likely we have the same strain and the current traveling bubbles are most likely OK.

Joanna Wivell
Joanna Wivell
28 days ago

@JimSEOW thanks will check this out. Would like to connect on Linked, please connect as can also see multiple profiles. Thanks.

Colin Bidewell (lounger-logger.com)
Colin Bidewell (lounger-logger.com)
28 days ago

@Jim SEOW I don’t think we’re yet connected on LinkedIn..I see multiple un-connnected profiles with same name though…send invitation to me instead ?

Jack Soifer
Jack Soifer
28 days ago

Taleb> How could this world organisation influence more, with its excellent speakers n members. It seems millions agree with our goals, but they have to let us ACT, not only speak?

Jim SEOW
Jim SEOW
28 days ago

Sustainable Tourism is key to saving humanity through climate change impact and future waves of pandemics WHEN WE ALL WORK TOGETHER !!!!!!!

Jim SEOW
Jim SEOW
28 days ago

@Joanna Wivell => https://www.youtube.com/watch?v=spf_D7EMMs0 This EUvsVirus SAFE tourism concepts advocate ONLY testing ONCE at origin airport. No testing at destination country throughout the journey and without social/physical distancing with the destination general public ( Very critical to contain Virus mutation)

Anthony Nesgos
Anthony Nesgos
28 days ago

has Alain fallen asleep?

Jim SEOW
Jim SEOW
28 days ago

@Peter Tarlow => Right on the point. We can not PUT all eggs on ONE basket. Each virus mutation may potentially nullify all effort on Vaccine and WE ARE BACK to Mid Jan 2020 again. Further disruption of business continuity and further stretching the ability of governments to keep supporting collapsing industries.   Our “First generation” 3 Safe Tourism concepts advocate safe tourism without social/physical distancing independent of vaccine.   Our “Second generation” Safe Tourism concepts will AGAIN advocate safe tourism without social/physical distancing independent of vaccine BUT make more use of AI, IoT and Smart city concepts.   When… Read more »

Joanna Wivell
Joanna Wivell
28 days ago

Surely we also need to test again when the visitor is leaving the destination country and upon re-entry into the country of origin to close the circle if testing it to be the key solution?

Jim SEOW
Jim SEOW
28 days ago

To the panellists. The key point is that we must keep UP-TO-Date with the latest COVID-19 science, especially the need to advance our R&D on preventive asymptomatic transmission in addition to Vaccine R&D.
 
Currently the term asymptomatic transmission is taboo and very few is willing or knowledgeable to discuss.
 
We need to address THIS ROOT Cause for the challenge of tourism jumpstart, which is asymptomatic transmission.
 
https://www.cnn.com/2020/06/09/health/who-coronavirus-asymptomatic-spread-bn/index.html

Hassan Zakari
Hassan Zakari
28 days ago

@Klaus Lengefeld I sent you a connection request on LinkedIn In

Hassan Zakari
Hassan Zakari
28 days ago

@Jim Seow it is very important to keep travel safe and getting a solution for asymptomatic patients will go a long way to help us in the industry to stay safe.

Sumantra Sen
Sumantra Sen
28 days ago

Blended Finance can help bridge the pre-existing as well as post-pandemic investment gaps.

NOELLY KOUBAYA
NOELLY KOUBAYA
28 days ago

Excellence meeting.

Jim SEOW
Jim SEOW
28 days ago

@Hassan Zakari => Elena Kountoura also said it is important to address asymptomatic transmission. Our EUvsVirus 3 safe tourism concepts were designed from the ground up based on the need for preventive asymptomatic transmission. We will continue to develop new ways to address asymptomatic transmission to make SAFE tourism possible!

Theo
Theo
28 days ago

If anyone is interested in a tourism business opportunity or has experience with the starting requirements of a small private tour operating business, please connect on LinkedIn at @Daria Avram. Thank you

Agenda

Wednesday June 10, 2020
9:15 – 14:15 (British Summer Time)

The vast majority of businesses globally that depend on tourism and travel are desperate to reopen and begin operating under the “new normal”. This Virtual Summit on June 10, 2020 is organised by the International Tourism and Investment Conference (ITIC) in partnership with WTM London. It brings together experts from the health sector, government ministers, policy makers and tourism leaders from the travel and tourism sector connecting them with investors, investment bankers and private equity firms to discuss and consider financial solutions and preparedness to reopen the tourism industry for a better future.

  • 09:15 BST

Connecting Time

  • 09:30 BST

Welcome

Moderator:

Rajan Datar, BBC, BST

Dr. Taleb Rifai, Chairman ITIC and former Secretary-General UNWTO

Simon Press, Senior Exhibition Director, WTM London

Ibrahim Ayoub, Group CEO & MD, ITIC LTD

  • 09:40 – 10:00 BST

Covid-19 has transformed our future. Where the travel and tourism sector stands now?

Moderator:

Rajan Datar, Presenter and Broadcaster, BBC 

Introductory conversation hosted by Rajan Datar, Presenter and Broadcaster, BBC

Gloria Guevara, President and CEO WTTC

  • 10:00 – 10:15 BST

The current Global Economic Outlook and future investment perspectives.

Nicolas Mayer, PWC Industry Leader Hospitality and Tourism EMEA & Managing Partner Global Center of Excellence Tourism & Hospitality

  • 10:15 – 11:00 BST

Why health protection is the key to recovery of the Travel & Tourism sector?

Countries are introducing new safety standards in a bid to restore travellers’ confidence. It’s a big task: hygiene training & certification affects everyone in the chain: from the taxi driver serving the airport through to the tour guides & waiters at the other end of your journey. Our panel will assess what’s been achieved and what needs to be done.

Moderator:

Rajan Datar, Presenter and Broadcaster, BBC 

Speakers: 

Hon. Majd Mohammad Shweikeh, Minister Tourism and Antiquities, Jordan

Tom Jones, Senior Partner, Healthcare, Finn Partners

Rob Broere, VP-Industry Change, Emirates Airline & Chairman, IATA – Travel Standards Board

Prof. Dimitrios Buhalis, Bournemouth University

Ashwin Seetaram, Director of Tourism, Ministry of Tourism, Mauritius

  • 11:00 – 11:45 BST

Planning for the future: Understanding globalisation in the post Covid-19 world and the investment measures needed to boost recovery of the global travel and tourism industry

Panellists are drawn from tourism leaders, international investment banks and private equity firms. The travel business has changed, the global economy has changed and investment and banking options are changing too. This session will examine the range of financial mechanisms to support the travel & tourism sector in its recovery.

Moderator:

Prof Ian Goldin, Professor of Globalisation and Development at the University of Oxford and the Director of the Oxford Martin Programme on Technological and Economic

Speakers:

Hon. Najib Balala, Minister of Tourism, Kenya,

Keith Barr, CEO IHG

Raki Phillips, CEO Ras Al Khaimah Tourism Development Authority

Dinky Puri, CEO Eagle Wing Group

  • 11:45 – 12:00 BST

Investment prospects in travel and tourism sector in the Kingdom of Saudi Arabia

His Royal Highness Prince Dr. Abdulaziz Bin Nasser Bin Abdulaziz Al Saud, Chairman of Baseera Group and Mr. Raed Habiss, Vice Chairman of Baseera group, CEO of RHH Consultancy and former Director of Tourism Investment of OIC in conversation with Dr. Taleb Rifai, Chairman of ITIC and former Secretary-General of UNWTO.

  • 12:00 – 12:45 BST

Rethinking investments for better preparedness against potential future catastrophes

This session will discuss investment and protection for the future. Panellists operate at government level, tourism leaders, investors and epidemiologist. They will discuss options for building resilience and sustainability through new financing mechanisms and examine the support offered by different governments in the wake of Covid-19. What are the options for partnerships with the IMF / IFC / Government and the private sector?

Moderator: 

Peter Greenberg (CBS News)

Speakers:

Hon. Edmund Bartlett, Minister of Tourism Jamaica

Hon. Elena Kountoura, Member of the European Parliament

Nicolas Mayer, PWC Industry Leader Hospitality and Tourism EMEA & Managing Partner Global Center of Excellence Tourism & Hospitality 

Dr. Peter Tarlow, President, Safer Tourism  

Alain Saint Ange, President, Africa Tourism Board

  • 12:45 – 13:15 BST

Video Presentation

  • 13:15 – 14:15 BST

Concluding remarks:
Foresights, initiatives and changing paradigms

The world has changed. Economies have changed. What we took for granted in 2019, no longer applies. As the world establishes a new economic order, how will the travel & tourism sector integrate? Panellists from across the tourism, hospitality and travel sector will reflect on where we are now, where they expect the sector to grow and offer their own forecasts.

Moderator: 

Rajan Datar, BBC and Gerald Lawless, WTTC Ambassador, Director ITIC & Advisory Board Member Dubai Expo 2020

Introductory Conversation with Gerald Lawless, WTTC Ambassador, Director ITIC & Advisory Board
Member Dubai Expo 2020

Presentations:
Margaux Constantin, Partner, McKinsey Company
Ben Lock, Senior Director, Edelman

Speakers:

Dr. Taleb Rifai, Chairman ITIC and former Secretary-General UNWTO

Christopher Rodrigues, WTTC Ambassador

Ambassador Dho Young-Shim, South Korea

Haitham Mattar, Middle East Tourism Expert and CEO Beyond Tourism.

Todor Le, Marketing Adviser, Ministry of Tourism, Bulgaria

  • 14:15 BST

-Closing-

Dr. Taleb Rifai, Chairman ITIC and former Secretary-General UNWTO Simon Press, Senior Exhibition Director, WTM London

& Ibrahim Ayoub, Group CEO & MD, ITIC LTD

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