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BUSINESSTODAY 6 February 2020

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Issued by Bank of Valle a p.l.c., 58, Triq San Żakkarija, Il-Belt Valle a VLT 1130 Celia Borg Cardona A Retrospective Exhibition 1 February - 4 March 2020 National Museum of Archaeology, Valletta Monday to Sunday (including public holidays) 09:00 to 17:00 (last admission 16:30) €1.50 PAGE 7 INTERVIEW PAGES 10 & 11 Can the UK economy rebound after Brexit? MDIA CEO Stephen McCarthy on Malta becoming the world's premiere AI launchpad THURSDAY 6 FEBRUARY 2020 • ISSUE 44 WWW.BUSINESSTODAY.COM.MT MASSIMO COSTA THE popularity of private accommo- dation services such as Airbnb is on the rise, National Statistics Office figures show, with such alternatives threatening to soon outshine traditional hotels. His views were reflected in the NSO fig- ures, which show that, in 2018 alone, pri- vate accommodation contributed to 46% of all guest nights. is is contrasted with the amount of guest nights spent in hotels, which ac- counted for 54% of the total. NSO figures also showed that, while the total number of nights spent by inbound tourists in collective rented accommoda- tion decreased by 0.1% in 2019 compared to 2018, the total nights spent in other rented accommodation - which covers Airbnb and similar private accommoda- tion - rose by 13.5% in 2019 compared to the year before. PAGE 3 Melita to showcase B2B services at ICE 2020 PAGE 2 Editorial PAGE 9 THE ECONOMIC TEST Private accommodation soon to outshine hotels

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