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. South America sees growth in Chinese tourism
South America is becoming increasingly popular with Chinese tourists, with notable growth in a number of countries. Peru’s Chinese arrivals grew by 112% from 2015 to 2018, while Panama tripled its number of Chinese travellers in the same period. Argentina saw visitors increase by 74% between 2015 and 2017 and Chile doubled its arrivals. Meanwhile, 15% more Chinese tourists visited Brazil, with visa reform cited as a major contributor to these numbers.
2. Brazil ends visa requirement for four countries
Starting June, American, Canadian, Australian and Japanese citizens visiting Brazil will be exempt from visas and their fees. Travellers from the aforementioned countries can stay in the country visa-free for up to 90 days, extendable for the same period if it does not exceed 180 days, every 12 months, counted from the date of the first entry into the country. The waiver is expected to continue to increase the number of visitors to the country, in a bid to reach the mark of 12 million foreign arrivals by 2022.
3. Space tourism will be a US$3bn market by 2030, UBS predicts
According to a report by UBS, high speed travel via outer space will represent an annual market of at least US$20bn by 2030, competing with long-distance airline flights. Additionally, UBS estimates that space tourism will be a US$3bn market by 2030, and the broader space industry, which is worth US$400bn today, will double to US$805bn when accounting for these innovations.
4. Marriott announces three-year growth plan
Marriott International plans to add between 275,000 and 295,000 rooms by 2021 by opening more than 1,700 hotels around the world. New room openings during this period could contribute US$400m in fee revenue in 2021 and US$700m annually when stabilised. Additionally, the brand’s three-year growth plan assumes comparable RevPAR growth of 1% and 3%, compounded annually.
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Nicola Donovan is a travel writer for Click.More by Nicola Donovan
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