Emerging markets not the new dot com boom, says EIBTM panel

Representatives from China, the Middle East and South America told EIBTM visitors that their growth is not short term..

Emerging markets aren´t the new dot com boom, says EIBTM panel
Emerging markets aren´t the new dot com boom, says EIBTM panel

Speaking at the Barcelona show´s seminar´Are emerging markets shaping of shaking the meetings industry?´ the panel included China National Convention Center senior director Jenny Salsbury, new ICCA president Arnaldo Nardone and Ali Abu Monassar owner of Vision Destination Management in Dubai.

Salsbury said that proof of China´s continued success is its rise from 45th most popular meeting place in 2000 to 10th this year.

Nardone admitted that South America couldn´t continue to grow at its current rate, after it gained a 20% increase in trade last year, but said it will continue to grow steadily.

"We´ve undergone big infrastructural change in the last few years which has made the continent equipped for future meetings. We have investment from outside and internally from government, so we will continue to grow sustainably," he added.

Monassar, meanwhile, said that Dubai will remain the ´hub´ of the Middle East, but also expects growth in Abu Dhabi and Iraq.

The session was moderated by Sally Greenhill of The Right Solution.

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