I remember going to Davos for a skiing holiday about 20 yrs ago - the same week as the World Economic Forum. In those days I was in my own business and although interested in what was going on - was not aware of its real importance. I can remember being up the mountains and seeing loads of security guys - looking totally out of their normal comfort zones.
Fantastic winter resort place - but even in those days blooming expensive.
They know how to chose their locations - what's wrong with Cannock or Bradford? - although saying that the last Bilderberg conference of the most influential people in the world was held in 2013 at Watford ;-))