The first edition of Mipim Horizons, which was held in Cannes in early December, attracted 1,200 participants, a spokesperson said. This is significantly less than the 3,000 participants the organisers had originally targeted. 'But that was before the financial crisis got worse,' the spokesperson said. 'We are happy with this result.'

The first edition of Mipim Horizons, which was held in Cannes in early December, attracted 1,200 participants, a spokesperson said. This is significantly less than the 3,000 participants the organisers had originally targeted. 'But that was before the financial crisis got worse,' the spokesperson said. 'We are happy with this result.'

In total 69 countries were represented at the fair which focused on leisure and hospitality in emerging markets. Morrocco had the biggest representation, followed by the UK, Russia and Romania.