ITIC session to shine spotlight on industry financing at ATM 2023

ITIC session to shine spotlight on industry financing at ATM 2023

- ATM’s ITIC session will examine sustainable decision-making and investments

- KSA leads regional development with pipeline of more than 100,000 hotel rooms

- Investment to be key focus throughout ATM, which will run from 1-4 May in Dubai

Dubai, United Arab Emirates: Industry experts will gather in the UAE to discuss sustainable decision-making and financing during the International Tourism & Investment Conference (ITIC) Middle East Tourism Investment Session at Arabian Travel Market (ATM) 2023, which will take place at Dubai World Trade Centre (DWTC) from Monday 1 to Thursday 4 May.

Saudi Arabia is leading the GCC’s tourism development activities with a pipeline of 100,071 hotel rooms, according to data released by STR. Dubai is the region’s second most active market with 27,095 rooms under contract, followed by Qatar (17,145), Oman (10,292), Bahrain (3,452) and Kuwait (1,369). In total, there are 159,424 pipeline rooms under contract in the Gulf at present.

Related opportunities and challenges will be placed under the microscope throughout ATM 2023, thanks to a range of panel discussions and events related to industry financing. In addition to the ITIC panels, this year’s show will feature sessions highlighting industry-critical issues such as travel tech investment, the contemporary geopolitical landscape, urban regeneration, future