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. Egypt revealed as fastest-growing tourist destination
Egypt, Morocco, Tanzania and Colombia have surpassed Israel, Iceland, Portugal and Vietnam as the top four fastest-growing tourist destinations for US travellers. Travel insurance comparison site, Squaremouth found that all four destinations saw a notable growth in tourism from every generation, however Egypt saw the highest increase from baby boomers and “Silent Generation” travellers – 166% and 468%, respectively.
2. Spanish tourism grew below the national economy in 2018
Last year, Spanish tourism grew below the national economy for the first time since 2009. According to data from Exceltur, Spain lost over 21 million overnight stays in 2018, in comparison to 2017 – mainly because the average stay has dropped from 7.7 days to 7.4. On a more positive note, last year the tourism sector also generated a total of 50,093 new jobs – representing a 3.1% annual growth for this sector.
3. Hotel room rates fall in Dubai
Figures released by STR have revealed that prices for an overnight stay in Dubai averaged Dh714.01 in January – down by nearly Dh50 from the previous month. Hotel operators also saw occupancy rates drop by 4.9% to 82.2% in the same month, with hotel room supply in the city increasing by 9.3% compared to the same period last year.
4. Bermuda sees growth in tourism numbers
Last year brought a record-breaking number of total vacationers to Bermuda, according to new data from the Bermuda Tourism Authority. The island saw an 11.7% increase in international leisure arrivals in 2018, with a total of 770,700 visitors – the highest number since 2002. Additionally, total visitor spend contributing to Bermuda’s economy climbed past US$500m.
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Nicola Donovan is a travel writer for Click.More by Nicola Donovan
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