The new rules in Davos have tightened regulations on the construction of temporary structures during the Christmas season to avoid negatively impacting the town’s popular holiday festivities. The World Economic Forum, which has been held in Davos since 1971, supports these changes to ensure a positive experience for residents and visitors alike.
Managing Director Alois Zwinggi emphasized the importance of the partnership between the Forum and Davos, stating that it is crucial for both parties to work together to ensure that the forum remains relevant and beneficial for all attendees.
However, limiting who can attend the WEF could be a risky move for Davos. Many non-paying attendees, such as climate activists and start-up investors, bring energy and relevance to the event. Without these diverse attendees, the appeal of the WEF to influential individuals and their financial contributions may diminish.
The annual meeting is also a significant source of income for local landlords and residents who rent out properties for high rates during forum week. Changes in regulations and attendee restrictions could impact the economic benefits that Davos receives from hosting the WEF. It is important for both parties to carefully consider these factors when making decisions about future events.
