(Bloomberg) -- 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.
Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.
