WEF Aims to Make Decision on Davos 2021 Meeting in September

The World Economic Forum is aiming to make a decision in September on holding its annual meeting in Davos in 2021.

The World Economic Forum is aiming to make a decision in September on holding its annual meeting in Davos in 2021 and has revised contracts with local hotels that usually house participants, according to a person familiar with the matter who asked not to be identified.

With the coronavirus pandemic ravaging economies and making intercontinental travel nearly impossible, the Geneva-based organization announced in June it still planned to hold some form of gathering of business and financial titans in Davos in January. It would be a twin summit, with some delegates in Switzerland and others joining virtually from more than 400 hubs around the world, it said at the time.

Newspaper Sonntagszeitung also reported that a decision might be taken in September, with various options under consideration.

©2020 Bloomberg L.P.

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