ITIC session to focus on hospitality industry financing at ATM

ITIC session to focus on hospitality industry financing at ATM

The event will take place at Dubai World Trade Centre (DWTC) from 1-4 May

Industry experts will gather in the UAE to discuss sustainable decision-making and financing at the International Tourism & Investment Conference (ITIC) Middle East Tourism Investment Session at Arabian Travel Market (ATM) 2023.

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 markets, space tourism and more.

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ATM exhibition director Danielle Curtis said: “With nearly 160,000 hotel rooms under development across the GCC, this region is undoubtedly a global hotspot for industry investment right now. Thanks to the participation of ITIC and a host of other finance-related sessions, ATM 2023 represents the ideal forum for travel, tourism and hospitality professionals from around the world to explore the latest investment opportunities and novel financing models with some of the biggest names in our sector.”

Taking place on day three of ATM 2023, the ‘ITIC Tourism Investment Session: Making Sustainable Decisions’ will feature insights from an array of industry experts including Gerald Lawless, director of ITIC Ltd, Invest Tourism Ltd and ambassador for the World Travel & Tourism Council.

ATM 2023 is being held in conjunction with Dubai World Trade Centre and its strategic partners including Dubai’s Department of Economy and Tourism (DET) as the Destination Partner, Emirates as the Official Airline Partner, IHG Hotels & Resorts as the Official Hotel Partner and Al Rais Travel as the Official DMC Partner.

To register for ATM 2023, visit

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