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. Europe remains top destination for Chinese travellers
According to data from the European Travel Commission, Chinese travellers continue to flock to Europe despite concerns about Brexit – with the region experiencing a 5.1% YOY increase in Chinese arrivals last year. The top three destinations were the UK (up 2.4%), Germany (up 2.6%) and France (up 7.7%).
2. IHG set to launch all-suite brand
InterContinental Hotels Group plans to launch a new brand in the all-suites segment of the upper-midscale market this year. The new brand is yet to be named, but is said to be principally new builds, with some conversions.
3. Spain hits record for hotel investment
Hotel investments in Spain reached record-breaking levels in 2018 with €4.86bn worth of hospitality deals, according to the latest analysis from Christie & Co. The report highlights investment firms as the largest source of capital, representing 53% of the total investment. Additionally, the report predicts Spain will continue to attract investment interest in a more competitive environment.
4. Vietnam issues e-visa to nationals of 35 more countries
Vietnam has added 35 more countries, including emerging markets in Europe, to the list of those whose nationals can visit with e-visas. The move is aimed at attracting more tourists from Europe, who spend an average of US$1,316 per trip, according to the Vietnam National Administration of Tourism.
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Nicola Donovan is a travel writer for Click.More by Nicola Donovan
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