G-20 presidency: Indian Tourism Sector to Contribute USD 56bn forex to GDP and Generate 140 Mn Jobs

Ministry of tourism to host 1st global tourism investors’ summit in april 2023.

Under the aegis of India’s G20 Presidency, the Ministry of Tourism, Government of India shall be organizing the country's first Global Tourism Summit in New Delhi from 10-12 April 2023, where all G-20 member countries will be invited to participate. CII is the Industry Partner for this event.

In a roadshow held ahead of the summit at St Regis Hotel, Mumbai, the Tourism Ministry officials from various Western Region States emphasized how G20 will be the Union Tourism Ministry's main area in 2023 to establish the country as a key tourism destination during its year-long leadership. Global perspective was given by various Consulates.

global tourism investors summit

Mr Prashant Ranjan, Director, Ministry of Tourism , Government of India shared that at the Global Tourism Investor’s Summit, India will be showcasing opportunities for investment and trade in various segments of tourism such as theme parks, adventure tourism, and wellness tourism. The Government of India has a vision of USD 56 Billion forex, creating around 140 million jobs in tourism by 2030 through inclusive growth and are particularly focusing on cruise tourism, ecotourism and adventure tourism . He also mentioned that the Indian government has been investing in infrastructure and promoting the tourism and hospitality sector through various schemes and initiatives, and are now introducing the  scheme called Swadesh Darshan  2.0 which will focus on sustainable and responsible development of tourist destinations.

global tourism investors summit

Mr Saurabh Vijay, Principal Secretary - Tourism & Cultural Affairs, Government of Maharashtra highlighted that the Government is discussing the development of an online application portal to facilitate investment opportunities in the tourism industry in Maharashtra, India. They have identified various opportunities such as land for amusement parks, autism, cruise tourism, and ecotourism, and are also focusing on private investment and partnerships. GoM has identified specific locations and projects such as a mangrove park and aquarium project and are also exploring opportunities in MICE tourism and responsible tourism. Maharashtra has reduced the no. of licenses to 10 only for Ease of Doing Business’ “ Mumbai is the Cruise Capital” and Tadoba is the ‘Tiger Capital’ .

Mr Vijay also thanked CII for organising this roadshow in Mumbai and Maharashtra would be happy to participate at the 1 st Global Tourism Investors’ Summit, 2023.

Mr Sunit Kothari, Co- Convener, CII Maharashtra Sub-group on Tourism and Aviation & Director, Kothari Group while welcoming the delegates said “The Indian travel and tourism industry is a rapidly growing and attractive investment destination, due to the growing middle class, efforts by the government to boost the industry, the diverse range of tourist experiences offered, the increasing digitalization of the industry, and the significant untapped potential for growth. Maharashtra, a state in western India, is a popular tourist destination known for its diverse range of attractions including beaches, hill stations, wildlife sanctuaries, ancient temples, and monuments. The state has the potential to become an ideal tourism destination, drawing on its many strengths and addressing its current limitations.”

The State Officials of Goa, Madhya Pradesh, Daman & Diu, presented policy initiatives undertaken by their respective Tourism /Industries Department to improve ease of doing business and a summary of unique fiscal and non-fiscal incentives in the sector. They also presented investment success stories and reaffirmed their commitment towards utilizing the potential of the tourism sector as a vehicle for transformational socio-economic change. The roadshow created significant interest among the small and medium operators on the possibilities and promise of the upcoming summit.

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Shri G. Kishan Reddy

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  • Updated On Apr 29, 2023 at 10:41 AM IST

<p>Tourism minister G Kishan Reddy at GTIS 2023 roadshow in Mumbai.</p>

  • By P Krishna Kumar ,
  • Published On Apr 29, 2023 at 10:41 AM IST

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  • Updated On Jan 18, 2023 at 11:26 PM IST

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G-20 delegates visit Sanchi in Madhya Pradesh on the sidelines of Think 20 meeting

The two day Think 20 meeting held in Bhopal witnessed almost 94 foreign delegates participating from 22 countries. Besides the T20 meeting in Bhopal, Madhya Pradesh will be hosting other G20 meetings which include 1st Agriculture Working Group meeting from February 13 to 15 in Indore and 1st Culture Working Group meeting in Khajuraho from February 23 to 25.

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Ministry of Tourism, to Organize  the Country’s First Global Tourism Investors’ Summit (GTIS) in New Delhi from 17-19 May 2023

Global Tourism Investors’ Summit

G.Kishan Reddy, Minister of Tourism, Culture and DONER

Current investment landscape of the country makes it an appropriate destination for investment: G.K Reddy

Ministry of Tourism organised a roundtable interaction with heads of mission in New Delhi today as a run up to first Global Tourism Investor’s Summit.

As an initiative under India’s G20 Presidency, the Ministry of Tourism, Government of India shall be organizing the country’s first Global Tourism Investors’ Summit (GTIS) in New Delhi from 17-19 May 2023.

The Roundtable Interaction with Heads of Missions was chaired by G.Kishan Reddy,  Minister of Tourism, Culture and DONER. While addressing the Heads of the Missions at Vigyan Bhawan today,  Shri Reddy remarked that guided by the Vision of  Prime Minister, tourism development and promotion is being undertaken in Mission Mode by the Government. He also stated that the current investment landscape of the country makes it an appropriate destination for investment in various sub sectors of the Indian tourism industry such as Hospitality & Lodging, Wellness tourism, Adventure tourism, Eco-Tourism, Rural Tourism and others.  The Minister thanked all the participating Missions for attending the Roundtable Interaction and invited them to actively participate in the forthcoming Investors Summit and be a part of India`s growth  and development in the tourism sector.

Arvind Singh, Secretary, Tourism, TAAI

Arvind Singh, Secretary, Ministry of Tourism mentioned that in order to showcase investible opportunities to investors, till now 25 states have shared 350 plus investable projects with a total investment potential of around Rs. 64,000 Cr. (USD 7.7 billion) with the Ministry of Tourism. He stated that GTIS will also have several knowledge sessions focused on topics such as sustainability, digitalization, technology, insights, state-specific issues, and other sub-sectors of tourism. These sessions will facilitate business-to-business (B2B) and business-to-government (B2G) engagements.

global tourism investors summit

K B Kachru, Member, CII National Committee on Tourism and Hospitality stated that GTIS is the right platform for all the tourism & hospitality industries operating outside India to come, witness the huge Indian market, and leverage the available investment opportunities.

 A total of 42 Foreign Missions participated in today`s Interaction. The G-20 Presidency will give India’s tourism sector an unparalleled opportunity to highlight India’s tourism offerings and share India’s tourism success stories on a global stage. India’s tourism market is set for a growth trajectory due to improved infrastructure, global connectivity, higher disposable incomes and the development of niche tourism products opening opportunities for foreign investors.

 Tourism sector has emerged as one of the fastest growing economic sectors and has a significant impact on trade, job creation, investment, infrastructure development and social inclusion. The objective of GTIS 2023, being organized in partnership with Invest India as the Investment Promotion and Facilitation partner and Confederation of Indian Industry (CII) as the Industry Partner, is to provide a common platform for interactions between global and domestic players and explore the investment opportunities in the Indian travel and hospitality sector.

India has a diverse portfolio of niche tourism products which includes cruises, adventure, medical, wellness, sports such as Golf and Polo, MICE (meetings, incentives, conferencing, exhibitions), ecotourism, film, rural and spiritual tourism and the Investor Summit will provide a two-way platform for showcasing of the unique offerings of India while the potential investors from foreign countries can identify the state-specific investment possibilities in the segment unique to that State. A web-site  www.gtistourism.in  has also been developed which will help in taking forward the public-private engagements beyond the event as well. All the G20 countries are expected to participate at the mega event.

100% FDI in the tourism and Hospitality sector is allowed under automatic route. In the last 8 years from 2014-2022, India has received FDI inflows worth USD 9.2 billion in the hotel and tourism sector whereas India had received FDI inflows worth USD 7.2 billion from 2000-2014.  States are also actively working on policies and providing incentives and concessions to attract private investments for Homestays, MICE infrastructure, Wellness tourism, Eco tourism etc. In line with the push towards streamlining of approvals, the Ministry of Tourism is integrating with National Single Window System (NSWS) platform and reduce the number of approvals required to setup a new project in Tourism & Hospitality sector. 7 States are actively working with NSWS to provide a unified interface to identify and apply for approvals required for setting up a hotel.

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Tourism Ministry to Organize 1st Global Tourism Investors’ Summit in April 2023

The Ministry of Tourism, Government of India, will organize the country's first Global Tourism Summit in New Delhi from 10-12 April 2023, under the auspices of India's G20 Presidency, to which all G-20 member countries will be invited. The CII is the event's Industry Partner.

Indian travel and tourism industry is a rapidly growing and attractive investment destination

During a roadshow held ahead of the summit at the St Regis Hotel in Mumbai, Tourism Ministry officials from various Western Region States emphasized how the Union Tourism Ministry's main focus in 2023 will be to establish the country as a key tourism destination during its year-long leadership. Various Consulates provided a global perspective.

Prashant Ranjan, Director, Ministry of Tourism, Government of India, stated that India will showcase opportunities for investment and trade in various tourism segments such as theme parks, adventure tourism, and wellness tourism at the Global Tourism Investor's Summit. The Indian government has a vision of USD 56 billion in forex, creating around 140 million jobs in tourism by 2030 through inclusive growth, with a particular emphasis on cruise tourism, ecotourism, and adventure tourism.

He also stated that the Indian government has been investing in infrastructure and promoting the tourism and hospitality sectors through various schemes and initiatives, and that they are now launching the Swadesh Darshan 2.0 scheme, which will focus on the sustainable and responsible development of tourist destinations.

Saurabh Vijay, Principal Secretary - Tourism & Cultural Affairs, Government of Maharashtra, stated that the government is discussing the creation of an online application portal to facilitate investment opportunities in Maharashtra, India. They have identified a number of opportunities, including land for amusement parks, autism, cruise tourism, and ecotourism, as well as a focus on private investment and partnerships. GoM has identified specific locations and projects, such as a mangrove park and aquarium project, and is also looking into MICE tourism and responsible tourism opportunities. Maharashtra has reduced the number of licences to ten only for the sake of 'ease of doing business.' "The Cruise Capital" is Mumbai, and the "Tiger Capital" is Tadoba.

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Vijay also thanked the CII for organizing the roadshow in Mumbai, and stated that Maharashtra would be delighted to participate in the First Global Tourism Investors' Summit in 2023.

Sunit Kothari, Co-Convener, CII Maharashtra Sub-group on Tourism and Aviation & Director, Kothari Group while welcoming the delegates said, "The Indian travel and tourism industry is a rapidly growing and attractive investment destination, due to the growing middle class, efforts by the government to boost the industry, the diverse range of tourist experiences offered, the increasing digitalization of the industry, and the significant untapped potential for growth.”

“Maharashtra is a popular tourist destination in western India known for its diverse range of attractions such as beaches, hill stations, wildlife sanctuaries, ancient temples, and monuments. The state has the potential to become an ideal tourism destination by capitalizing on its many assets while addressing its current shortcomings," he added. State officials from Goa, Madhya Pradesh , Daman & Diu presented policy initiatives implemented by their respective Tourism/Industries Departments to improve ease of doing business, as well as a summary of unique fiscal and non-fiscal incentives in the sector. 

They also shared investment success stories and reaffirmed their commitment to leveraging the tourism sector's potential as a vehicle for transformational socioeconomic change. The roadshow piqued the interest of small and medium-sized businesses in the potential and promise of the upcoming summit.

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1st Global Tourism Investors’ Summit April 2023: MoT organises Roadshow in Mumbai to attract domestic investors

1 st Global Tourism Investors’ Summit Roadshow in Mumbai

Ministry of Tourism, Government of India will be organising the first Global Tourism Investors’ Summit from April 10 to April 20, 2023, at Pragati Maidan, New Delhi to bring together global business, thought leaders, and policymakers to understand and explore Tourism Business opportunities in India.

In an effort to draw domestic investors ahead of the first Global Tourism Investors’ Summit, the Ministry of Tourism, Government of India organised a Roadshow for the Western region, on January 19, 2023, at The St. Regis Hotel.

1 st Global Tourism Investors’ Summit Roadshow in Mumbai

The Roadshow in Mumbai was attended by State/UT Governments officials from Goa, Madhya Pradesh, Maharashtra, DNH & DD and had seen participation from 150 plus attendees from Tourism and Hospitality Industry.

The event focused on promoting India as an investment destination for travel, tourism, and hospitality by identifying State-Specific investment possibilities and discussing avenues to promote sustainable tourism.

The State Officials presented the recent major policy initiatives by the Tourism/Industries Department to improve the ease of doing business and a brief summary of unique fiscal and non-fiscal incentives in the tourism and hospitality sector along with recent investment-related success stories. The roadshow was organized and planned in order to raise awareness and knowledge about the first Global Tourism Investors’ Summit.

The event started with an opening address by Shri Prashant Ranjan, Director, Ministry of Tourism, GOI, followed by the Keynote Address given by Shri Saurabh Vijay, Principal Secretary – Tourism & Cultural Affairs, Government of Maharashtra. The officials of the state’s tourism department gave a detailed presentation on the major initiatives that have been recently undertaken. Sh. Sunit Kothari – Co-Convener, CII Maharashtra Sub-group on Tourism and Aviation & Director, Kothari Group ended the session with his closing remarks.

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G Kishan Reddy: Building awareness for success of 1st Global Tourism Investors’ Summit

The ministry of tourism, government of india organised a roadshow with the aim of raising awareness of the investment opportunities in the tourism industry among stakeholders for the upcoming first global tourism investors’ summit..

Raising awareness for 1st Global Tourism Investors’ Summit Shri G. Kishan Reddy, Hon’ble Minister for Tourism, Culture and DoNER

The roadshow was chaired by G. Kishan Reddy, Hon’ble Minister for Tourism, Culture and DoNER, along with Rakesh Kumar Verma, Additional Secretary, Ministry of Tourism. 

Key dignitaries from the ministry including Saurabh Vijay, Principal Secretary, Maharashtra, Hareet Shukla, Secretary Tourism, Gujarat, Vivek Shrotriya, Add. Managing Director, Madhya Pradesh, Pawan Jain, Joint Director, Rajasthan also attended and expressed their views during the event. 

Addressing attendees at the roadshow, G. Kishan Reddy, Hon’ble Minister for Tourism, Culture and DoNER, said, “Considering the plethora of experiences the Indian tourism industry offers, such as wellness tourism, adventure tourism, eco-tourism, rural tourism, spiritual tourism and several others, both the State and Central Governments recognise the role that tourism can play in driving economic growth. Therefore, private investment, particularly in hotels and other tourism-related infrastructure, is critical.”

The roadshow had a wide representation from the Ministry as it attracted the participation of eminent industry leaders from the world of travel, tourism, and hospitality. Prominent industry leaders including Vishal Kamat, Co-Chair, CII WR Sub Committee on Tourism and Hospitality, CEO, Kamat Hotels India Limited, Anuraag Bhatnagar, CEO, The Leela Palaces, Hotels and Resorts, Cdr Nevil Malao, VSM (Retd), Vice President Head – Cruise & Navy Cell, J. M. Baxi & Co., Dhimant Bakshi, CEO, Imagica, Santhosh Kutty, CEO – Hotels, Mahindra Hotels and Resorts graced the event with their presence.

Expressing his gratitude to all attendees, Hon’ble Minister G. Kishan Reddy added that, inspired by the ambitious vision of the honourable Prime Minister, the government is working dedicatedly towards the sustained growth and promotion of tourism in India. Various initiatives are being undertaken to provide both domestic and inbound tourists with the most memorable experiences.

In addition to promoting the summit, the roadshow also provided an opportunity for the Ministry of Tourism to gather feedback from industry stakeholders and address any concerns or questions they had.

The primary goal of the upcoming Global Tourism Investors’ Summit is to highlight India’s Travel and Tourism Sector as an “Ideal Investment Destination” and give investors as well as the Central and State Governments a unified forum to explore investment opportunities. The participating states will have the opportunity to showcase strengths and unique offerings in terms of investible ready projects in the states to attract investments for tourism infrastructure. The summit is also expected to facilitate meaningful discussions and collaborations between the government and the private sector to promote the speedy growth and development of India’s tourism industry.

The first Global Tourism Investors’ Summit (GTIS) 2023 is being organized in partnership with Invest India as the Investment Promotion and Facilitation partner, and Confederation of Indian Industry (CII) as the Industry Partner, with the objective of providing a common platform for global and domestic players to interact and explore investment opportunities in the Indian travel and hospitality sector. The summit offers an opportune platform for investors from the G20 countries to explore the Indian tourism industry products among other areas of bilateral/multilateral engagements.

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The World Travel & Tourism Council (WTTC) has revealed the latest round of high-profile speakers for its upcoming Global Summit, featuring top leaders from the world’s leading travel and tourism businesses.

Hosted by Tourism Western Australia, the Global Summit will take place in Perth (Boorloo), Western Australia, from 8-10 October . It stands as the pinnacle of the Travel & Tourism calendar.

Under the theme “Ancient Land: New Perspectives,” the event will spotlight Australia’s rich cultural heritage and natural wonders, emphasising innovation and sustainable growth.

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Industry trailblazers and international government officials from across the globe will converge in Perth to drive forward efforts for a safer, more resilient, inclusive, and sustainable future in Travel & Tourism.

Top business leaders set to speak include Greg O’Hara , Certares Founder & Senior Managing Director and WTTC Chair; Matt Goldberg , TripAdvisor CEO; Audrey Hendley , American Express Travel President; Jerry Inzerillo , Diriyah Company Group CEO; Hiroyuki Takahashi , JTB Corp Chair of the Board and James Thornton , Intrepid Travel CEO, among others.

global tourism investors summit

As reported in May, wildlife conservationist and TV presenter Robert Irwin will also take the stage as headline speaker at the Global Summit. Known for his dedication to wildlife conservation and inspiring positive change, Irwin follows in the footsteps of his legendary father, Steve Irwin.

“The leading industrialists in Travel & Tourism who are shaping our sector and countries’ economies will be at WTTC’s Summit in Perth. Their insights and leadership are crucial as we shape the future of Travel & Tourism,” Julia Simpson, WTTC President & CEO , said.

“Western Australia, with its stunning natural beauty and deep commitment to sustainability and cultural diversity, is the perfect backdrop for this event. Hosting the Global Summit in Perth enables us to pioneer new ideas for tourism while honouring the rich traditions and ancient heritage of the land.”

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The event will bring together government representatives from around the world, offering a platform for industry leaders and officials to exchange insights, discuss best practices, and explore innovative strategies to drive the resilience and growth of the Travel & Tourism industry.

To be hosted 8-10 October 2024, WTTC’s 24th Global Summit aims to be a game-changer, setting the course for a dynamic and sustainable future in travel and tourism.

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Home » News » World Travel & Tourism Council announces powerhouse lineup for 24th global summit in Perth

World Travel & Tourism Council announces powerhouse lineup for 24th global summit in Perth

global tourism investors summit

The World Travel & Tourism Council has announced its latest round of high-profile speakers for its upcoming global summit in Perth later this year.

Hosted by Tourism Western Australia (TWA), the event will take place in Perth (Boorloo), Western Australia, from 8-10 October.

Under the theme “Ancient Land: New Perspectives,” the Global Summit will spotlight Australia’s rich cultural heritage and natural wonders, emphasising innovation and sustainable growth.

Top business leaders set to speak include Greg O’Hara, Certares founder and senior managing director and WTTC chair, Matt Goldberg, TripAdvisor CEO, Audrey Hendley, American Express Travel president; Jerry Inzerillo, Diriyah Company Group CEO, Hiroyuki Takahashi, JTB Corp chair of the board, and James Thornton, Intrepid Travel CEO, among many others.

Adding star power, renowned wildlife conservationist and TV presenter Robert Irwin will also take the stage. Known for his dedication to wildlife conservation and inspiring positive change, Irwin follows in the footsteps of his legendary father, Steve Irwin.

Julia Simpson, WTTC President & CEO, said: “The leading industrialists in Travel & Tourism who are shaping our sector and countries’ economies will be at WTTC’s Summit in Perth. Their insights and leadership are crucial as we shape the future of Travel & Tourism.

“Western Australia, with its stunning natural beauty and deep commitment to sustainability and cultural diversity, is the perfect backdrop for this event. Hosting the Global Summit in Perth enables us to pioneer new ideas for tourism while honouring the rich traditions and ancient heritage of the land.”

The event will bring together government representatives from around the world, offering a platform for industry leaders and officials to exchange insights, discuss best practices, and explore innovative strategies to drive the resilience and growth of the Travel & Tourism industry.

WTTC’s 24th Global Summit aims to be a game-changer, setting the course for a dynamic and sustainable future in Travel & Tourism.

Email the Travel Weekly team at [email protected]

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WTTC reveals 24th Global Summit theme and line-up

global tourism investors summit

This year’s WTTC Global Summit aims to be a game-changer, setting the course for a dynamic and sustainable future in Travel & Tourism, when industry trailblazers and international government officials from across the globe converge in Perth (Boorloo) from October 8 to 10.

Under the theme  Ancient Land: New Perspectives , the Global Summit will spotlight Australia’s rich cultural heritage and natural wonders, emphasising innovation and sustainable growth.

Hosted by Tourism Western Australia (TWA), the 24th edition will welcome top leaders from the world’s leading Travel & Tourism businesses as speakers, including renowned wildlife conservationist and TV presenter Robert Irwin, son of Steve Irwin.

Top business leaders set to speak include Greg O’Hara, Certares founder and senior managing director and WTTC chair; TripAdvisor CEO Matt Goldberg; American Express travel president Audrey Hendley; Diriyah Company group CEO Jerry Inzerillo; JTB corp chair of the board Hiroyuki Takahashi; and Intrepid Travel CEO James Thornton, among many others.

The event will bring together government representatives from around the world, offering a platform for industry leaders and officials to exchange insights, discuss best practices, and explore innovative strategies to drive the resilience and growth of the Travel & Tourism industry.

“The leading industrialists in Travel & Tourism who are shaping our sector and countries’ economies will be at WTTC’s Summit in Perth. Their insights and leadership are crucial as we shape the future of Travel & Tourism,” shared Julia Simpson, president & CEO of WTTC.

“Western Australia, with its stunning natural beauty and deep commitment to sustainability and cultural diversity, is the perfect backdrop for this event. Hosting the Global Summit in Perth enables us to pioneer new ideas for tourism while honouring the rich traditions and ancient heritage of the land.”

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WTTC Announces Powerhouse Lineup for 24th Global Summit in Western Australia

global tourism investors summit

The World Travel and Tourism Council (WTTC) has announced its latest round of high-profile speakers for its upcoming global summit, featuring top leaders from the world’s leading Travel & Tourism businesses.

Hosted by Tourism Western Australia (TWA) , the event will take place in Perth (Boorloo), Western Australia , during October 8-10 .

According to the WTTC, the event stands as the pinnacle of the Travel & Tourism calendar.

“Western Australia, with its stunning natural beauty and deep commitment to sustainability and cultural diversity, is the perfect backdrop for this event,” WTTC President & CEO Julia Simpson said.

Under the theme “Ancient Land: New Perspectives” , the global summit will spotlight Australia’s rich cultural heritage and natural wonders , emphasising innovation and sustainable growth.

“Hosting the global summit in Perth enables us to pioneer new ideas for tourism while honouring the rich traditions and ancient heritage of the land,” Simpson added.

High-profile speakers

global tourism investors summit

Western Australia. Photo source: WTTC

Industry trailblazers and international government officials from across the globe will converge in Perth to drive forward efforts for a safer, more resilient, inclusive, and sustainable future in Travel & Tourism.

Top business leaders set to speak include Greg O’Hara , Certares Founder & Senior Managing Director and WTTC Chair; Matt Goldberg , TripAdvisor CEO; Audrey Hendley , American Express Travel President; Jerry Inzerillo , Diriyah Company Group CEO; Hiroyuki Takahashi , JTB Corp Chair of the Board; and James Thornton , Intrepid Travel CEO, among many others.

Adding star power, renowned wildlife conservationist and TV presenter Robert Irwin will also take the stage . Known for his dedication to wildlife conservation and inspiring positive change, Irwin follows in the footsteps of his legendary father, Steve Irwin .

WTTC President & CEO Julia Simpson welcoming Tourism Western Australia Managing Director Carolyn Turnbull on stage. Photo © Greek Travel Pages (GTP)

WTTC President & CEO Julia Simpson welcoming Tourism Western Australia Managing Director Carolyn Turnbull on stage when Western Australia was announced as host destination for 24th Global Summit. Photo © Greek Travel Pages (GTP)

“The leading industrialists in Travel & Tourism who are shaping our sector and countries’ economies will be at WTTC’s Summit in Perth. Their insights and leadership are crucial as we shape the future of Travel & Tourism,” WTTC’s president & CEO said.

The event will bring together government representatives from around the world , offering a platform for industry leaders and officials to exchange insights, discuss best practices, and explore innovative strategies to drive the resilience and growth of the Travel & Tourism industry.

According to the WTTC, the 24th Global Summit aims to be a “game-changer” , setting the course for a dynamic and sustainable future in Travel & Tourism.

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Investment Gateway Summit 2024: St. Kitts and Nevis welcomes record turnout

Business corporate news.

Event concluded with a resounding impact on the nation's economy, and the CBI programme

SK&N

St. Kitts and Nevis: A massive turnout of economic citizens, agents, and investors from the Middle East contributes to the success of the St. Kitts and Nevis Investment Gateway Summit 2024, organisers said in a media release.

According to them, the attendees left the twin-island Federation with five days full of connections, collaboration, and celebration starting from 10 July to 15 July. The event concluded with a resounding impact on the nation's economic landscape, and the CBI Programme.

During an interview at the Summit, an economic citizen and Citizenship by Investment (CBI) agent shared exciting insights about the industry. Responding to a wide range of questions, she noted that there are many female single applicants, as well as main female applicants increasingly choosing the path of alternative citizenship. She added that this phenomenon was not prominent until 2021. Delving into details, she added that this interest is coming substantially from the Middle East, defying all odds.

Several entrepreneurs and C-suite individuals had a successful and insightful time at the Summit. An entrepreneur, who is also a proud economic citizen of St. Kitts and Nevis, said it was his first time visiting his new home country, adding that he also brought his wife and three children along to experience the rich culture, heritage, and local cuisines. Notably, the pleasant tropical weather of St. Kitts and Nevis made things even more pleasant for the participants.

Hosted at the St. Kitts Marriott Resort , the Summit was one of a kind not only regionally, but globally. The Summit brought together global investors, but most importantly global citizens to embrace their connection with the nation that that they now call home.

The Summit had an interesting agenda with several high-level speeches, dynamic panel discussions, and exclusive networking events, all aimed at fostering collaboration and driving sustainable economic growth within the twin-island nation.

The event also allowed the investors and economic citizens to interact with the Prime Minister Honourable Dr Terrance Drew, who kickstarted the Investment Gateway Summit with the Welcome Cocktail on Wednesday night.

Another agent in the migration industry asked about what message they would like to give to those who missed the iconic event, and said, “It is their loss, they should have come,”.

The enthusiasm and excitement around the Summit have led to the anticipation for the Investment Gateway Summit 2025. Reportedly, the dates will be set later this month for the next summit at the end of April next year.

The Summit provided the ideal setting to engage with like-minded individuals, professionals and discover innovative solutions, and exchange ideas.

The Investment Gateway Summit also solidified St. Kitts and Nevis’ position as the ultimate destination for Citizenship by Investment. The event, unlike ever before, helped the potential investors, and global industry leaders to realize the potential of the Federation.

Several developers also showcased the multi-million projects through various presentations, allowing people to get an idea to understand the vast scope of St. Kitts and Nevis as the ultimate investment destination.

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global tourism investors summit

WTTC Announces Lineup for 24th Global Summit in Perth, Western Australia

T he World Travel & Tourism Council announced its line-up of speakers for the organization’s next Global Summit , taking place October 8-10 in Perth, Western Australia. 

Hosted by Tourism Western Australia, the travel and tourism industry’s largest event will be held under the theme of “Ancient Land: New Perspectives,” spotlighting the region’s rich cultural heritage and natural wonders. 

WTTC announced its keynote speaker back in May, renowned wildlife conservationist and TV presenter Robert Irwin. 

Other speakers include Greg O’Hara, Certares Founder & Senior Managing Director and WTTC Chair; Matt Goldberg, TripAdvisor CEO; Audrey Hendley, American Express Travel President; Jerry Inzerillo, Diriyah Company Group CEO; Hiroyuki Takahashi, JTB Corp Chair of the Board; James Thornton, Intrepid Travel CEO and more. 

“The leading industrialists in Travel & Tourism who are shaping our sector and countries’ economies will be at WTTC’s Summit in Perth,” said Julia Simpson, WTTC President & CEO. “Their insights and leadership are crucial as we shape the future of Travel & Tourism.”

“Western Australia, with its stunning natural beauty and deep commitment to sustainability and cultural diversity, is the perfect backdrop for this event,” continued Simpson. “Hosting the Global Summit in Perth enables us to pioneer new ideas for tourism while honoring the rich traditions and ancient heritage of the land.” 

Conservationist Robert Irwin with a koala.

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The Unique Burial of a Child of Early Scythian Time at the Cemetery of Saryg-Bulun (Tuva)

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Pages:  379-406

In 1988, the Tuvan Archaeological Expedition (led by M. E. Kilunovskaya and V. A. Semenov) discovered a unique burial of the early Iron Age at Saryg-Bulun in Central Tuva. There are two burial mounds of the Aldy-Bel culture dated by 7th century BC. Within the barrows, which adjoined one another, forming a figure-of-eight, there were discovered 7 burials, from which a representative collection of artifacts was recovered. Burial 5 was the most unique, it was found in a coffin made of a larch trunk, with a tightly closed lid. Due to the preservative properties of larch and lack of air access, the coffin contained a well-preserved mummy of a child with an accompanying set of grave goods. The interred individual retained the skin on his face and had a leather headdress painted with red pigment and a coat, sewn from jerboa fur. The coat was belted with a leather belt with bronze ornaments and buckles. Besides that, a leather quiver with arrows with the shafts decorated with painted ornaments, fully preserved battle pick and a bow were buried in the coffin. Unexpectedly, the full-genomic analysis, showed that the individual was female. This fact opens a new aspect in the study of the social history of the Scythian society and perhaps brings us back to the myth of the Amazons, discussed by Herodotus. Of course, this discovery is unique in its preservation for the Scythian culture of Tuva and requires careful study and conservation.

Keywords: Tuva, Early Iron Age, early Scythian period, Aldy-Bel culture, barrow, burial in the coffin, mummy, full genome sequencing, aDNA

Information about authors: Marina Kilunovskaya (Saint Petersburg, Russian Federation). Candidate of Historical Sciences. Institute for the History of Material Culture of the Russian Academy of Sciences. Dvortsovaya Emb., 18, Saint Petersburg, 191186, Russian Federation E-mail: [email protected] Vladimir Semenov (Saint Petersburg, Russian Federation). Candidate of Historical Sciences. Institute for the History of Material Culture of the Russian Academy of Sciences. Dvortsovaya Emb., 18, Saint Petersburg, 191186, Russian Federation E-mail: [email protected] Varvara Busova  (Moscow, Russian Federation).  (Saint Petersburg, Russian Federation). Institute for the History of Material Culture of the Russian Academy of Sciences.  Dvortsovaya Emb., 18, Saint Petersburg, 191186, Russian Federation E-mail:  [email protected] Kharis Mustafin  (Moscow, Russian Federation). Candidate of Technical Sciences. Moscow Institute of Physics and Technology.  Institutsky Lane, 9, Dolgoprudny, 141701, Moscow Oblast, Russian Federation E-mail:  [email protected] Irina Alborova  (Moscow, Russian Federation). Candidate of Biological Sciences. Moscow Institute of Physics and Technology.  Institutsky Lane, 9, Dolgoprudny, 141701, Moscow Oblast, Russian Federation E-mail:  [email protected] Alina Matzvai  (Moscow, Russian Federation). Moscow Institute of Physics and Technology.  Institutsky Lane, 9, Dolgoprudny, 141701, Moscow Oblast, Russian Federation E-mail:  [email protected]

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Journal of Rural Studies

judith pallot

In recent decades, Russia has experienced substantial transformations in agricultural land tenure. Post-Soviet reforms have shaped land distribution patterns but the impacts of these on agricultural use of land remain under-investigated. On a regional scale, there is still a knowledge gap in terms of knowing to what extent the variations in the compositions of agricultural land funds may be explained by changes in the acreage of other land categories. Using a case analysis of 82 of Russia’s territories from 2010 to 2018, the authors attempted to study the structural variations by picturing the compositions of regional land funds and mapping agricultural land distributions based on ranking “land activity”. Correlation analysis of centered log-ratio transformed compositional data revealed that in agriculture-oriented regions, the proportion of cropland was depressed by agriculture-to-urban and agriculture-to-industry land loss. In urbanized territories, the compositions of agricultura...

Open Geosciences

Alexey Naumov

Despite harsh climate, agriculture on the northern margins of Russia still remains the backbone of food security. Historically, in both regions studied in this article – the Republic of Karelia and the Republic of Sakha (Yakutia) – agricultural activities as dairy farming and even cropping were well adapted to local conditions including traditional activities such as horse breeding typical for Yakutia. Using three different sources of information – official statistics, expert interviews, and field observations – allowed us to draw a conclusion that there are both similarities and differences in agricultural development and land use of these two studied regions. The differences arise from agro-climate conditions, settlement history, specialization, and spatial pattern of economy. In both regions, farming is concentrated within the areas with most suitable natural conditions. Yet, even there, agricultural land use is shrinking, especially in Karelia. Both regions are prone to being af...

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