Each day, we curate a bite-sized round-up of the best industry news from across the world. We search the web for the latest hospitality updates and travel trends, so you don’t have to. Get comfortable with a coffee and tuck in to our daily must-reads
1. 73% of travel firms ‘unprepared’ for voice technology
A survey by Travel Technology Europe has found that 73% of travel professionals are not yet prepared to take advantage of voice technology, despite its rising popularity and recent research showing that 20% of all Google searches are made via voice. However, the poll also found that 29% of respondents are ‘planning to invest’ in the technology during 2019.
2. Scottish hotel investments increased in 2018
Research from Savills has revealed that the Scottish hotels market saw investment volumes reach £902m in 2018 – a four-fold increase on 2017 spend (£195m). The data shows 69% of 2018 investment was accounted for by portfolios while individual transactions accounted for close to £281m.
3. Outbound travel delivers 36% growth to UK economy since 2014
According to findings from ABTA’s new report on outbound travel – the overall contribution to the UK economy from outbound travel now stands at £37.1bn and 1.8% of GDP – up 36% from 2014. The report also found that travellers now spend more in the UK before they travel than they do while abroad.
4. Spain’s hotel sector reaches record high
Data compiled by Colliers has revealed that Spain’s hotel industry benefitted from 23.1% more investment last year than in 2017. Hotels received a total of €4.8m in 2018, although experts warned growth in 2019 is expected to slow.
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Nicola Donovan is a travel writer for Click.More by Nicola Donovan
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