The 4th annual meeting of ECM Chief Executives of Capital Cities, Monday 6th December, 2010
Tourism chiefs from capital cities met in Copenhagen earlier this week to discuss market prospects and the ways in which the activities of city tourist offices and convention bureau might be expected to change in the decade ahead.
After the ‘blip’ in demand that characterised the 2008 and 2009 years, 2010 has seen promising signs of recovery. Though there will be no repeat of the double digit growth rates experienced by many cities in the 1990-2007 period, a robust view was taken that the volume of city tourism will expand by some 5% into 2011, and that throughout the next decade cities will continue to be the dominant geographical focus of business and leisure tourism. Major market opportunities existed domestically as well as internationally, especially in China, India and South America.
Olle Zetterberg, CEO of Stockholm Business Region emphasised the importance of city branding and the need to exploit synergies between marketing to attract visitors and that targeting students, inward investors and occupiers of property.
Key topics of plenary discussion were the challenges presented by the Chinese market, social media, mobile communications, public expenditure cutbacks, and competition from third-party booking agencies.
As for next year, the Chief Executives of Capital Cities decide to keep the exclusive meeting of CEOs of capital cities in December, and to widen it to non capital cities with a one additional seminar-track at ECM summer meeting.