Restoring Growth via Tourism at the 'Future Hospitality Summit'
PR86325
RIYADH, Saudi Arabia, October 28, 2020, /PRNewswire=KYODO JBN/--
Under the auspice of the G20 International Conferences and Events, and the
Ministry of Tourism of Saudi Arabia "The Future of Hospitality Summit" concluded
today after two days of conversations. Key players of the travel and tourism industry,
from both the public and private sector, gathered to discuss reshaping the tourism
landscape for recovery by promoting sustainable and inclusive growth.
The Future Hospitality Summit gathered over 6,000 participants, in Riyadh and
virtually, from all over the world to discuss a path forward based on building
a tourism and hospitality sector that is relevant to a post-pandemic world and
attractive to future travelers, consumers and workers. Speakers, including His
Excellency Zurab Pololikashvili, Secretary General of the UN World Tourism
Organization and Gloria Guevara, President & CEO of the World Tourism Council,
among other government leaders and industry giants, also considered ways of
encouraging innovation and entrepreneurship, while ensuring that tourism
development remains sustainable in economic and environmental terms.
Reflecting on the success of the Future Hospitality Summit, His Excellency
Ahmed Al Khateeb, Minister of Tourism of Saudi Arabia said: "The Future
Hospitality Summit has convened leaders from national governments and the
global hospitality sector to put tourism at the heart of the agenda, resulting
in an exciting and productive dialogue across the international community. The
past two days have highlighted the vital importance of public-private sector
collaboration, as well as community engagement, to drive forward the tourism
and hospitality sectors' contribution to the global economic recovery.
Embracing technology and innovation as we rethink the future of tourism, using
them as tools to ensure that the sector is more sustainable, will create
opportunities for everyone, and a sector that is more resilient than ever before".
The G20 are ensuring a safe recovery from the impact of the COVID-19 pandemic
on the travel and tourism sector and are working collectively to safeguard
lives and livelihoods and create a more resilient sector in the long-run.
Earlier this month G20 ministers endorsed the Diriyah Communique, which
included actions and guidelines towards an inclusive and safe recovery from the pandemic.
The travel and tourism sector contributed to 10.3% of the world's gross
domestic product (GDP) and 330 million jobs (direct, indirect, and induced) in
2019. Today it is one of the most heavily impacted sectors by the COVID-19
pandemic, with an anticipated 60-80% decline in international tourism in 2020.
Swift and coordinated efforts are needed to restore growth in an industry that
accounts for or 28% of the world's service exports and it generates a greater
impact on domestic economies than overall exports. The sector also has a
workforce comprised of 54% women, compared to 39% in the broader global economy.
The G20 Tourism ministers agreed during their working sessions that
facilitating the sector's recovery and resiliency from the pandemic entails,
among other measures to:
Support those most impacted by the crisis within the sector, including women,
and micro-, small, and medium-sized enterprises (MSMEs), and economies that
rely on travel and tourism.
Plan tourism as a growth enabler, improving sustainability and inclusive
community development, and supporting regional and local economies.
Enhance connectivity and creative use of new technologies to improve safety and
security, and the traveler experience.
The G20 International Conferences and Events (IC&E) facilitates conversations
that matter among the private sector, scientific community, civil society,
government, media and the general public, amplifying G20 Initiatives and their
impact in the protection of lives and livelihoods, the restoration of growth
for all and the shaping of a better world.
SOURCE: G20 International Conferences and Events
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