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Pegasus Solutions named Platinum Sponsor of First World Tourism Investment Summit in Busan

Search ASIA Travel Tips .com Latest Travel News Send to Friend Wednesday, 6 August 2008

Pegasus Solutions has taken on the platinum sponsorship for the First World Tourism Investment Summit in Busan, South Korea, October 6-9, 2008. Organized by the Canadian World Trade University Global Secretariat (WTU) and the Tourism Promotion Organization for the Asia-Pacific Cities, the globally significant summit will be chaired by the President of the United Republic of Tanzania, H.E. Jakaya Mrisho Kikwete.

Prominent participation in and partnership with the summit was a natural choice for Pegasus, according to David Chestler, Pegasus’ senior vice president of corporate business development.

“As technology and economic development around the world take the tourism market to a truly global level, it’s the responsibility of companies like Pegasus to support the World Tourism Investment Summit in bringing together the best and most current investment, management and technology solutions to developing markets,” Chestler said. “It behooves us to invest in these leaders and markets, because they represent the customers, travelers and leaders of tomorrow.”

Secretary General of the summit, Sujit Chowdhury of the WTU, reports the event will bring together more than 500 global representatives from more than 50 countries. The majority of attendees will be top-level decision-makers actively engaged in tourism investment, development and operations. Global delegates will include senior executives from the private sector, tourism ministers, financiers, government leaders on all levels, and senior officials of international organizations.

With unprecedented investment initiatives and collaboration by government leaders, investors and related stakeholders currently available, the summit will focus on many issues, including: how does one decide where, when and with whom to invest; how can the public and private sectors work together to provide incentive investment opportunities; how can investments be best ‘assured’ to minimize risks; how should a national government and the corporate sector work together to protect the local environment; and how to prepare a region and a community for the tourism impact.

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