The charming town of Davos is preparing for the upcoming Christmas season by tightening regulations on the construction of temporary structures that may interfere with festivities. This move aims to ensure that both residents and visitors can enjoy the holiday season without any disruptions.
The World Economic Forum, which has been hosting its events in Davos since 1971, has expressed support for the proposed rules. Managing Director Alois Zwinggi acknowledged the long-standing partnership between WEF and Davos and commended the efforts of the host city to create an ideal environment for their annual meeting.
While these new regulations may help create a more organized environment for the World Economic Forum, there is a risk that they may limit the participation of key attendees who contribute to the event’s vibrancy. Non-paying participants, such as climate activists and innovative start-up investors, play a significant role in adding energy and relevance to the gathering.
The potential restriction on attendees could impact the overall appeal of the event to top global influencers and investors. With many non-paying participants bringing diversity and dynamism to the annual meeting, a change in attendee demographics could alter the forum’s standing and influence.
Despite facing challenges and changes in attendance rules, The World Economic Forum remains a significant economic driver for local landlords and residents in Davos. Many individuals benefit from renting out their properties at premium rates during the week of the forum, contributing to the town’s economy and livelihoods.
