More than 200 of the world’s leading Travel & Tourism CEOs and senior executives will converge on Valletta from 7 to 9 October, bringing business leaders, governments and investors together for three days of discussions on technology, investment, sustainability, resilience and the forces reshaping global tourism.
Global (Tourism Reporter) — There is a distinction, rarely articulated but immediately understood by anyone who has attended both, between a conference that reflects an industry and one that helps shape it. Most events in the global travel and tourism calendar belong to the first category: they bring practitioners together, exchange current intelligence, celebrate recent achievements, and send attendees home better informed about the state of the sector.
The Room: Who Is Coming — and What Their Presence Signals
The confirmed attendance list for the Malta summit is remarkable not simply for the number of senior executives involved, but for the breadth of the travel and tourism economy represented around a single table. Hotels, airlines, travel platforms, cruise companies, investment firms and destination organisations will all have senior voices in the room.
Reading the list closely reveals something more important than the names themselves: the composition of the room offers an early indication of the conversations the summit is likely to produce. The people gathered in Valletta represent many of the businesses and institutions making decisions about where tourism capital flows, how travellers move, which destinations gain visibility and how the industry responds to the forces reshaping demand.
Christopher J. Nassetta, President and CEO of Hilton, brings the perspective of one of the world’s largest hospitality companies — a business whose global footprint, development pipeline and workforce scale provide a powerful window into investment confidence and operating conditions across international markets. Elie Maalouf, Global CEO of IHG Hotels & Resorts, brings another major hospitality network to the conversation, with more than 6,300 hotels across over 100 countries providing its leadership with an unusually broad view of global accommodation demand.
Alejandro Reynal, President and CEO of Four Seasons, represents the ultra-luxury end of hospitality, where changes in high-net-worth travel behaviour can offer an early indication of confidence among some of the world’s most valuable travellers. Tony Fernandes, CEO of Capital A, brings the low-cost aviation perspective — critical to a tourism industry whose continued expansion depends heavily on affordable air connectivity. Jane Sun, CEO of Trip.com Group, represents one of the world’s most influential travel technology platforms and provides a particularly important connection to China’s outbound travel market. Pierfrancesco Vago, Executive Chairman of the Cruise Division of MSC Group, brings the cruise industry’s perspective on a sector combining enormous capital requirements, global destination reach and growing environmental expectations.
Around those headline names sits a delegation that broadens the conversation considerably. Audrey Hendley from American Express Travel brings the perspective of premium travel and payments; Greg O’Hara of Certares represents an investment community with significant exposure to the travel and tourism economy; Jerry Inzerillo, CEO of Diriyah Company, connects the summit to Saudi Arabia’s rapidly expanding tourism and destination-development ambitions; James Thornton, CEO of Intrepid Travel, brings the perspective of sustainable and experience-led travel; and Matthew Upchurch, Chairman and CEO of Virtuoso, represents the global luxury travel-adviser ecosystem and the high-value travellers it serves.
The destination community is equally significant. Martin Nydegger of Switzerland Tourism, whose Silent Luxury strategy Tourism Reporter has previously examined, will be joined by Carlos Abade of Turismo de Portugal, Miguel Sanz of Turespaña, Jean-Guy Afrika of Visit Rwanda, Phillipa Harrison of Ras Al Khaimah Tourism Development Authority, Caroline Beteta of Visit California and Latia Duncombe of The Islands of the Bahamas.
That mix matters.
These destination leaders represent very different tourism models, geographies and stages of development, yet they are competing for many of the same global travellers, investment flows, air capacity and international attention. Bringing them together alongside the CEOs of major airlines, hotel groups, travel platforms, cruise companies and investment firms creates an unusually valuable setting for peer-to-peer intelligence exchange.
Much of what matters in tourism strategy never appears in a published report or official forecast. It travels through conversations between people making the decisions.
And that may be one of the most important things to watch in Valletta.
The Theme: What FUTU[RE]SET Is Actually Asking
The construction of the theme — FUTU[RE]SET — is more than a visual device. By placing “RE” within brackets, the title suggests two ideas at once: the future must be set, but reaching that future may require a reset of the assumptions, structures and strategies that have shaped Travel & Tourism to this point.
It is a fitting premise for an industry undergoing profound change.
As technology, artificial intelligence, evolving consumer expectations and geopolitical shifts reshape the way people live, work and travel, the summit is designed to bring business leaders, policymakers and international organisations together to consider what comes next — and how Travel & Tourism can adapt, innovate and continue to grow in an increasingly complex global environment.
For Tourism Reporter’s readership, those forces are not distant themes. They are already reshaping the tourism landscape.
Technology and AI are changing how travellers discover, plan and purchase journeys, while creating new questions around payments, digital infrastructure and the future of the travel ecosystem. Geopolitical shifts are redrawing travel patterns through conflicts, changing visa regimes, airspace disruption and new approaches to international mobility. And evolving consumer expectations are accelerating the move towards cooler destinations, more distinctive experiences, greater sustainability and, increasingly, a focus on the value generated by each visitor rather than simply the number who arrive.
That makes FUTU[RE]SET particularly relevant to the work Tourism Reporter has been following throughout 2026. The summit’s agenda brings several of these seemingly separate developments into one conversation — how an industry can remain competitive when the conditions governing travel are changing simultaneously on multiple fronts.
But there is another element of the theme that may ultimately prove more important than any individual technology or trend.
A central focus of FUTU[RE]SET is the role of stronger public-private collaboration in helping Travel & Tourism respond to rapid change, accelerate investment and unlock sustainable growth.
That framing moves the conversation beyond diagnosis.
Governments control much of the policy environment in which tourism operates. Businesses control investment, infrastructure, products and much of the traveller experience. Destinations sit between the two, attempting to convert policy and private capital into sustainable visitor economies.
The real test, therefore, is not simply whether the industry understands what is changing. It is whether the people who shape tourism can act together quickly enough to respond to it.
That is where Valletta becomes more than a summit venue.
The partnerships formed, investment conversations started and policy positions aligned around the FUTU[RE]SET agenda could provide an early indication of how the global Travel & Tourism industry intends to navigate the next phase of its evolution.
Gloria Guevara’s Framing: The Sector in a New Era
WTTC President and CEO Gloria Guevara has framed the Malta summit around a simple but consequential proposition: Travel & Tourism is entering a new era, and the industry needs to rethink how it responds to it.
“Bringing more than 200 of the world’s leading Travel and Tourism CEOs and senior executives to Malta is a powerful demonstration of the strength and global importance of our sector,” Guevara said. “For many, this will be their first opportunity to experience Malta, and we are delighted to bring them together in Valletta for this landmark gathering.”
She continued:
“Travel and Tourism is entering a new era, and the Summit will give leaders the opportunity to address the forces reshaping our sector, share ideas and strengthen collaboration. Together, we can help build a more resilient, sustainable and competitive future for Travel and Tourism.”
The phrase “entering a new era” deserves particular attention because it captures the scale of the issues now converging across the industry.
Tourism is no longer simply navigating the familiar cycle of recovering demand, adding capacity and competing for visitors. The foundations of that competition are changing.
WTTC’s $1 trillion investment milestone, its projection of a $17.1 trillion Travel & Tourism contribution to global GDP by 2036, the growing emphasis on yield rather than visitor volume, the rapid integration of AI into discovery and booking, the geopolitical forces reshaping international travel flows, and the industry’s continuing sustainability transition all point in the same direction: a tourism economy being reshaped simultaneously by technology, capital, policy, climate and consumer behaviour.
That is why the summit’s emphasis on collaboration matters.
None of these challenges sits neatly within one part of the tourism value chain. AI affects airlines, hotels, destinations and travel platforms simultaneously. Geopolitical disruption can alter routes, source markets and destination demand within weeks. Sustainability requires investment decisions from airlines and hotels, policy decisions from governments and behavioural changes from travellers. And the pursuit of higher-value tourism requires destinations and businesses to reconsider not simply how many people they attract, but what kind of economic and social value those visitors create.
FUTU[RE]SET therefore carries a meaning beyond its branding.
The summit is asking industry leaders to look beyond individual corporate strategies and consider how the wider tourism system needs to evolve.
That is potentially the most valuable feature of bringing more than 200 senior leaders together in one place. The airline executive sees the market through connectivity and fleet economics. The hotel CEO sees it through investment and occupancy. The destination leader sees it through visitor value and community impact. The technology company sees it through data and changing consumer behaviour. The investor sees it through capital and long-term returns.
Valletta puts those perspectives in the same room.
What emerges from that convergence — the ideas shared, partnerships formed, investment conversations started and policy positions shaped — may ultimately tell us more about the industry’s next era than any single speech delivered from the summit stage.
The 26th WTTC Global Summit takes place in Valletta, Malta, from 7 to 9 October 2026, under the theme “FUTU[RE]SET: Shaping the Future of Travel and Tourism.” The event is hosted in partnership with the Malta Tourism Authority.
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