FLOSSI AVOIDS DAVOS RIPOFF
Attending the World Economic Forum (WEF) in Davos entails significant costs, primarily due to its exclusive, invitation-only nature.
Here's a breakdown of the expenses:
1. Membership Fees:
To receive an invitation, organizations typically need to be members of the WEF. Membership fees vary based on the level of engagement:
Industry Partner: Approximately $263,000 annually.
Strategic Partner: Around $527,000 annually.
These fees allow organisations to participate in WEF activities and events.
Annual Meeting Participation:
Once a member, attending the Davos meeting incurs additional costs:
Admission Fee: Approximately $19,000 per person.
Additional Expenses:
Accommodation and Logistics: Davos experiences a surge in demand during the forum, leading to high accommodation costs. For instance, reports indicate that simple items like hot dogs can cost around $43, reflecting the overall high-expense ripoff environment during the event.
