The next Davos will not be in Davos.
The World Economic Forum, whose base in the Swiss Alpine ski resort has become shorthand for its annual meetings each January, had already told the executives, environmentalists and world leaders who usually attend that Covid-19 had forced it to push back its next event to May 2021.
On Wednesday the organisation disclosed that it would also move its meetings to a lower altitude setting.
The WEF, founded by Klaus Schwab 50 years ago, has chosen two sites on opposite sides of Lake Lucerne, between which dignitaries willing to resume face-to-face networking will shuttle by boat and funicular railway.
Big public meetings will take place at KKL Luzern, the Lucerne Culture and Congress Centre in the town. Smaller workshops will be at Bürgenstock Resort, a 383-room hotel and spa 500 metres above the lake which bills itself as “compact and secure” and was