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. China’s hotel pipeline hits all-time high
According to analysts at Lodging Econometrics, China’s total construction pipeline (the second largest in the world) is booming and stands at 2,761 projects comprising 580,635 rooms, up 12% by projects and 6% by rooms YOY. At the end of 2018, both projects and rooms in the construction pipeline hit new all-time highs.
2. Southeast Asia tourist arrivals to reach 155 million by 2022
The number of international visitors to reach Southeast Asia is expected to expand from 129.2 million in 2018 to 155.4 million by 2022, according to analytics company GlobalData. The report noted that the growth of low-cost carriers, an open-skies agreement and simpler visa processes are making travel to the region more accessible.
3. Africa becomes second-fastest growing tourism region
Travel and tourism in Africa grew 5.6% in 2018 compared to the global average of 3.9%, positioning the continent as the second-fastest growing tourism region behind only Asia-Pacific, according to WTTC. Additionally, the sector contributed US$194.2bn to the region’s economy and 24.3 million African jobs.
4. Record 25.8 million visitors to San Francisco in 2018
The San Francisco Travel Association has reported that a record-breaking 25.8 million travellers visited the city last year, representing a 1.2% growth over 2017. Total spending by visitors increased 2.3%, totalling US$10bn – an amount that’s predicted to reach US$10.3bn in 2019.
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Nicola Donovan is a travel writer for Click.More by Nicola Donovan
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