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Click. daily update: hotel investments to reach US$67bn in 2019

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

by Katrina Visser, Travel Writer, Booking.com

Topic: News

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Here are four of today’s most interesting reads to keep you in-the-know

1. Hotel investments to reach US$67bn in 2019

JLL Hotels & Hospitality’s annual Hotel Investment Outlook has projected that global hotel investment volume will reach $67.2 billion, nearly equal to 2018’s total of $67.7 billion. JLL anticipates a rise in international activity, with North America-based investors turning focus toward markets across Asia.

Source: www.hotelmanagement.net

2. Cuba set to welcome 5 million visitors in 2019

Cuba’s tourism ministry has announced that it expects over 5 million visitors in 2019, with tourism income anticipated to exceed US$3bn. If the island hits it’s goal, it will signal the 12th consecutive year of growth in tourism numbers for the country.

Source: www.forbes.com

3. VisitBritain partners with BA and CTrip to attract Chinese tourists

VisitBritain has built strategic partnerships with both BA and CTrip to inspire more Chinese travellers to visit the UK. The agency’s latest campaign with BA has already driven more than 1 million clicks to the airline’s website, while the collaboration with CTrip enters its second year and will see a multi-channel campaign run until March.

Source: www.travelweekly.co.uk

4. Edinburgh to introduce the UK’s first tourist tax

Scotland’s capital city is following in the footsteps of Paris and Barcelona, to introduce a tourist tax. Visitors will face an additional £2-a-night charge per room for the first seven days of their visit, across all accommodations apart from campsites. It’s expected to raise up to £14.6mn a year for the city.

Source: www.thetimes.co.uk

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Katrina is Travel Writer for Booking.com's Blog and Click.

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